294 LAWS OF MARYLAND. [CH. 176

000. 00), and as evidence thereof to issue and sell the coupon
bonds of said county in denominations of One hundred dollars
($100. 00), or any multiple thereof bearing interest at the
rate of not exceeding five per centum per annum, payable
semi-annually on the first day of January and July of each
year during which the said bonds shall be outstanding and
unpaid. Said bonds shall be signed by the President of the
said County Commissioners and the Treasurer of said County,
have the seal of the said Board of County Commissioners
attached and attested by the Clerk to said Board of County
Commissioners, (provided that the coupons for interest on
said bonds may be authenticated by the engraved, lithographed
or printed signature of the President of said Board of County
Commissioners). The said bonds shall be exempt from all
State, County and Municipal taxes, shall contain a reference
to this act as being authority for the same and shall be desig-
nated as "Edmonston Road Bonds of 1927. "

SEC. 2. And be it further enacted, That the said bonds
shall be dated July 1, 1927, and shall be issued in accordance
with the plan known as the serial annuity plan and shall
mature serially as follows: Sixteen thousand dollars of said

issue shall mature at the rate of Two thousand dollars an-
nually on the third, fourth, fifth, sixth, seventh, eighth, ninth
and tenth years from the date of issue; Forty thousand dollars
of said issue shall mature at the rate of four thousand dollars
annually thereafter up to and including the twentieth year
from the date of issue; and the balance of Fifty thousand
dollars of said issue shall mature at the rate of five thousand
dollars each year for ten years thereafter making all of said
bonds mature within thirty years from the date of issue. And
the said County Commissioners shall designate each series
by some letter, letters, number or a combination of both letters
and numbers as in their discretion will properly identify the
respective series of said bond issue.

SEC. 3. And be it further enacted, That the bonds au-
thorized by this Act shall be sold by said County Commis-
sioners for cash to the highest responsible bidder, and that in
order to provide for the marketing and selling of said bonds
the said County Commissioners are hereby directed to, within
ninety days from the date this Act becomes effective, cause to
be published a notice that at a certain time and place to be
decided upon by said County Commissioners and set forth