662 LAWS OF MARYLAND. [CH. 360

Series "A"	Ten Thousand Dollars,	September 1, 1936
Series "B"	Ten Thousand Dollars,	September 1, 1937
Series " C"	Ten Thousand Dollars,	September 1, 1938
Series "D"	Eleven Thousand Dollars,	September 1, 1939
Series "E"	Eleven Thousand Dollars,	September 1, 1940
Series "F"	Eleven Thousand Dollars,	September 1, 1941
Series "G"	Twelve Thousand Dollars,	September 1, 1942
Series "H"	Twelve Thousand Dollars,	September 1, 1943
Series "I"	Twelve Thousand Dollars,	September 1, 1944
Series "J"	Thirteen Thousand Dollars,	September 1, 1945
Series "K"	Thirteen Thousand Dollars,	September 1, 1946
Series "L"	Thirteen Thousand Dollars,	September 1, 1947
Series "M"	Fourteen Thousand Dollars,	September 1, 1948
Series "N"	Fourteen Thousand Dollars,	September 1, 1949
Series "O"	Fourteen Thousand Dollars,	September 1, 1950
Series "P"	Fifteen Thousand Dollars,	September 1, 1951
Series "Q"	Fifteen Thousand Dollars,	September 1, 1952
Series "R"	Fifteen Thousand Dollars,	September 1, 1953

And all of said Bonds shall bear date the 1st day of Sep-
tember, 1927.

SEC. 4. And be it further enacted, that the said loan, and
every part thereof, and the interest payable thereon, shall
be, and remain, exempt from State, county, and municipal
taxation, and that the coupons for interest on the said bonds
shall be receivable by the County Treasurer of Talbot County
in payment of county taxes.

SEC. 5. And be it further enacted, that to redeem, or to
pay and cancel the said bonds issued under this Act, the said
County Commissioners of Talbot County shall annually levy
upon the assessable property of Talbot County a tax sufficient to
pay the bonds maturing during: each and every year, and the in-
terest on all of the bonds authorized and issued under this Act
outstanding and unpaid, or unredeemed, and the amount of
said tax or levy shall be separately kept by the County Com-
missioners for Talbot County, and designated as the "Tal-
bot County General School Loan Fund 1927. "

SEC. 6. And be it further enacted, that the County Com-
missioners of Talbot County are hereby authorized and di-
rected to have prepared the aforesaid bonds of said County,
in good and sufficient form to aggregate the amount of $225, -
000. 00, as evidenced by such loan, which certificates of indebted-
ness, or bonds, shall bear a date as of the time of their issue,
and said County Commissioners are authorized to expend a
sum of not more than $500. 00 out of the proceeds of said
bonds for the expenses incident to the preparation and sale of
said bonds.