ALBERT C. RITCHIE, GOVERNOR. 1569

at such times as the Board of County Commissioners may di-
rect and shall perform such duties as the said Board may
require.

SEC. 4. And be it further enacted. That, for the purpose
of construction of roads, streets and highways within the said
Montgomery County Suburban District, the Board of County
Commissioners of Montgomery County be and they are
hereby authorized and empowered to issue serial coupon
bonds on the faith and credit of said county, in an amount
not to exceed $250,000.00 (two hundred and fifty thousand
dollars) par value. Such bonds shall be issued in denomina-
tions of $100.00 or any multiple thereof and shall bear interest
at a rate not exceeding five per centum per annum, payable
semi-annually in each year during which said bonds shall
be outstanding and remain unpaid and shall be signed
by the President of the Board of County Commission-
ers of said county and by the Treasurer of said county, pro-
vided that the coupons for the interest thereon may be authen-
ticated by the engraved, lithographed or printed signature of
the President of the said Board of County Commissioners, and
such bonds shall have the corporate seal of said Board of
County Commissioners of Montgomery County affixed thereto'
and shall be exempt from all State, County and Municipal
taxes. The said bonds shall have written oor printed on them,
a distinct reference to this Act authorizing their issue and
shall be designated as "Montgomery County Suburban Dis-
trict Road Bonds of 1927." The said County Commissioners
of Montgomery County are authorized and directed to sell such
bonds at such times and in such amounts as may be necessary
to the administration of this Act, but none of such bonds shall
be issued for a longer period than 20 years from the date of
issue.

SEC. 5. And be it further enacted, That in order to provide
for the selling of said bonds to be issued under the provisions
of this Act, the said Board of County Commissioners of Mont-

gomery County, or a majority of them, are hereby directed to
advertise once a week for four successive weeks before said
bonds, or any part thereof, shall be issued, in such newspapers
as may be determined by the said Board, that the said Board
of County Commissioners will be in readiness at a certain time
within fifteen days after the expiration of said notice, to re-
ceive bids at such place as may be named in said advertise-
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