948 LAWS or MARYLAND. [CH. 363
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and Council of Hagerstown, be and it is
hereby authorized and empowered to borrow a sum of money not
exceeding One Hundred and Fifty Thousand Dollars ($150, 000. )
or so much thereof as may be necessary, upon the faith and
credit of Hagerstown, as hereinafter provided, and to issue and
sell coupon bonds to raise said sum of money, which said issue
of bonds shall be known and designated as "Hagerstown Market
Building Bonds, " and the money arising from the sale of said
bonds shall be used exclusively for the purchasing of a lot or
lots as a site for a Market House or Building, and also, for the
construction,. erection and maintenance of a Market House or
Building on said lot or lots.
SEC. 2. And be it further enacted, That the said Mayor and
Council are hereby authorized and empowered to acquire by gift,
grant, purchase, lease (whatever the duration of the lease), or
any other like method of acquisition, or by condemnation, any
land or property, lot or lots necessary in the opinion of said
Mayor and Council, for the carrying out of the purpose of this
Act.
SEC. 3. And be it further enacted, That to provide for the
borrowing of the money as authorized by the preceding Section,
the Mayor and Council of Hagerstown is hereby authorized and
empowered to issue coupon bonds at such times, in such denomi-
nations and amount as the said Mayor and Council may from
time to time determine by ordinance; said bonds to be signed by
the Mayor, with the Seal of the City attached thereto, attested
by the Clerk of the Mayor and Council, the coupons thereof to
be signed by the Mayor, or a fac-simile of his signature stamped
thereon, and the same to bear interest not to exceed Five per
centum per annum, payable on the first days of April and
October of each year; said bonds when signed by the Mayor and
attested by the Clerk as directed by this Act, shall be handed
over to the Tax Collector of said City, who shall receipt for the
same, which receipt shall be filed with and safely kept by the
Clerk of the Mayor and Council, and the bond of the said Tax
Collector shall be responsible for the safe-keeping of the said
bonds, and the proceeds therefrom. The Tax Collector aforesaid
shall sell said bonds at public auction or by sealed bids after
giving at least two weeks public notice thereof by advertisements
in one or more newspapers published and circulated in Hagers-
town, and in the City of Baltimore, if the Mayor and Council so
determine, under the supervision of and at such times and in
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