696 LAWS OK MARYLAND. [CH. 187

CHAPTER 187.

AN ACT to authorize the Mayor and Council of the Town of

Rockville, in Montgomery County, to issue bonds not to
exceed ten thousand dollars for the purpose of extending
the sewer and water systems in the said town.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Council of Rockville, in Mont-
gomery County be and it is hereby authorized and empow-
ered to issue bonds in the name of said municipal corporation
to an amount not exceeding ten thousand dollars, said bonds
to be dated on the first day of July in the year nineteen hun-

dred and twenty-four, and numbered from one to twenty, both
inclusive, and shall be of the denomination of five hundred
dollars each; and shall bear interest at a rate not to exceed
five per centum per annum, payable semi-annually; said bonds
shall become due and payable in their numerical order as fol-
lows: The three bonds, numbered one (1), two (2) and three
(3) shall be payable on the first day of January, in the year
nineteen hundred and forty (1940); the three bonds num-
bered four (4), five (5) and six (6) shall be payable on the
first day of January, in the year nineteen hundred and forty-
one (1941); the three bonds numbered seven (7), eight (8)
and nine (9 ) shall be payable on the first day of January, in
the year nineteen hundred and forty-two (1942); the three
bonds numbered ten (10), eleven (11) and twelve (12) shall
be payable on the first day of January, in the year nineteen
hundred and forty-three (1943); and the three bonds num-
bered thirteen (13), fourteen (14) and fifteen (15) shall be
payable on the first day of January, in the year nineteen hun-
dred and forty-four (1944); the three bonds numbered six-
teen (16), seventeen (17) and eighteen (18) shall be payable
on the first day of January, in the year nineteen hundred, and
forty-five (1945); and the two bonds numbered nineteen (19)
and twenty (20) shall be parable on the first day of January,
in the year nineteen hundred and forty-six (1946).

SEC. 2. And be it further enacted, That the bonds issued
under authority of this Act shall be dated as of the date of

their issue, and they must be issued under the seal of the
said town, signed by the Mayor and countersigned by the
Town Treasurer, or other person acting in that or a similar
capacity.