ALBERT C. RITCHIE, GOVERNOR. 89

CHAPTER 71.

AN ACT to authorize and empower the Mayor and Council of
Salisbury to borrow upon the faith and credit of Salisbury a
sum of money not exceeding Thirty-five Thousand Dollars
($35, 000. 00), and to issue and sell serial coupon bonds there-
for of the par value of not exceeding; Thirty-five Thousand
Dollars ($35, 000. 00), to enable said municipality to pur-
chase a site for and to erect and equip a fire engine house in
the City of Salisbury, Maryland.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That, for the purpose of providing funds for the purchase
of a site for and the erection and equipment of a fire engine
house, in the City of Salisbury, the Mayor and Council of
Salisbury be, and it is hereby authorized and empowered to
borrow a sum of money not exceeding Thirty-five Thousand
Dollars ($35, 000. 00), upon the faith and credit of the City
of Salisbury and to issue and sell serial coupon bonds therefor,
which said bonds shall be known and designated as "Salisbury
Fire Department Building Bonds. "

SEC. 2. And be it further enacted, That the said bonds to-
be issued under this Act shall be coupon bonds, all dated as
of the First day of June A. D. 1927, and shall bear interest at
a rate not exceeding five per centum (5%) per annum, as
determined by the Mayor and Council of Salisbury by Ordi-
nances; shall be serial type bonds and shall all mature on or
before the First day of June 1942; the interest thereon shall
be payable semi-annually on the First day of December and the
First day of June of each year and said bonds shall be forever
exempt from State, County and Municipal taxation. Said
bonds shall be signed by the Mayor of Salisbury with the seal
of the City attached thereto, attested by the Clerk of Salisbury
and the interest coupons attached to said bonds shall be signed
by the Clerk of Salisbury or a fac-simile of his signature shall
be thereon stamped, engraved or printed. Said bonds when
signed and attested as heretofore directed shall be delivered to
the Clerk of Salisbury and the bond of the said Clerk of Salis-
bury shall be responsible for the safe keeping of the said bonds
and the proceeds therof. The Clerk of Salisbury shall sell said
bonds at public auction or by sealed bids after having given
at least two (2) weeks public notice thereof in one or more
newspapers published in the City of Salisbury and in one or
more newspapers published in the City of Baltimore, under the
supervision of and at such time as the Mayor and Council of
Salisbury shall order, but no bond shall be sold by sealed bids