ALBERT C. RITCHIE, GOVERNOR, 133

debt and for other proper municipal improvements and
expenditures.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the Mayor and Commissioners of Western-
port, in Allegany County, are hereby authorized and em-
powered at any time hereafter to issue bonds upon the faith
and credit of said municipality in an amount not exceeding
two hundred thousand dollars ($200, 000. 00). The proceeds
of the sale whereof to be applied: first, to the payment and
cancellation of one hundred and eighteen thousand dollars
($118, 000. 00), par value, "Westernport General Improve-
ment Bonds, " authorized and heretofore issued under the pro-
vision of Chapter 531 of the Acts of 1910 and Chapter 196
of the Acts of 1916 of The General Assembly of Maryland;
second, to the payment of the floating debt now existing and
due to banks for money borrowed amounting to fourteen thous-
and eight hundred and fifty dollars ($14, 850. 00); third, the
balance remaining to be used for the purpose of extending
and repairing the public water system, paving streets, pro-
viding sewers and for other proper municipal improvements
and expenditures.

SEC. 2. And be, it further enacted, That one hundred and
twenty-five thousand dollars ($125, 000. 00) of the bonds here-
by authorized shall be known and designated as "Westernport
General Bonds (Water System Series)" and that seventy-five
thousand dollars ($75, 000. 00) thereof shall be known and
designated as "Westernport General Bonds (Refunding and
Improvement Series). " That all of said bonds shall be dated
May 1, 1927, and each bond shall be signed by the Mayor
of the town of Westernport and countersigned by the Clerk
thereof with the seal of the municipality attached. They shall
be issued in denominations of one thousand dollars ($1, 000. 00)
each and bear interest at the rate of four and three quarter
per centum (4 3/4%) per annum, payable semi-annually on
the first day of May and the first day of November, which
shall be set forth and provided for in the interest coupons
attached to each of said bonds. They shall be due and pay-
able thirty (30) years from date thereof. These bonds to be
known and designated as "Water System Series" shall be num-
bered consecutively from one (1) to one hundred and twenty-
five (125), both inclusive, and those to be known and desig-
nated as "Refunding and Improvement Series" shall be num-