ALBERT C. RITCHIE, GOVERNOR. 1525'

estimate that it will be able to collect out of benefit assessments
therefor levied by it but not yet paid and any other funds then
available for the purpose, to meet the interest on said bonds as
it becomes due and to pay the principal thereof as the bonds
mature, and said tax shall be determined, levied, collected and
paid over in the manner following, that is to say; At least sixty
days before the tax levying period of each year, the County
Commissioners shall certify to the Sanitary Commission the
whole valuation of the assessable property within each Sanitary
District. The Commission shall then determine in the manner
above prescribed the amount which it deems necessary to be
raised during the ensuing year for the payment of interest and
the proportionate part of principal of all outstanding bonds and
the amount to be paid into the sinking fund for said bonds in
any one year to be determined by the usual table of redemption
of bonds by annual deposit in a sinking fund on interest, and
after deducting1 all amounts in hand or in contemplation ap-
plicable to payments of interest (and principal on said bonds as
hereinbefore and hereinafter in the Act provided, it shall de-
termine the number of cents per $100.00 necessary to raise the
said amount for each Sanitary District, and shall certify the
same to the Board of County Commissioners. The said County
'Commissioners in their next annual levy shall levy said tax on
all land and improvements and all other property assessed for
County tax purposes within the respective Sanitary Districts,
which tax shall be levied and collected and have the same prior-
ity right, bear the same interest -and penalties and in every
respect be treated the same as County taxes. The tax so levied
for the ensuing year shall be collected by the Tax collecting au-
thorities, and every sixty days they shall remit the whole amount
of the tax so collected to the Commission. From the money so
received, together with the amount in hand to the credit of said
bond fund, the 'Commission shall first pay all interest on said
bond as it matures, and shall then deposit the residue of said
moneys in some bank or banks in said County to the joint credit
of the County Commissioners and the Commission, as a joint
fund to be known as the '' Sinking Fund Account,'' which shall
be retained and utilized for payment of the principal of said
bonds .as they respectively mature. The Commission and the
County Commissioners shall, from1 time to time, invest said Sink-
ing Fund in any bond or bonds in which savings or trust funds
are authorized to be invested by National Banks by the U. S.
Treasury Department. Should receipts from said tax or other
sources be inadequate to deposit the year's sinking fund incre-
ment on said bonds, by reason of default or otherwise, such
deficiency may be added to and collected in the next year's tax.
The Commission is authorized to pay the interest on any bonds,
it may issue out of the proceeds of the sale of said bonds, but