1214 LAWS OF MARYLAND. [CH. 478

Series "B"........ Five Thousand Dollars,

payable September 1, 1937
Series "C"........ Five Thousand Dollars,

payable September 1, 1938
Series "D"........ Five Thousand Dollars,

payable September 1, 1939
Series "E"........ Five Thousand dollars,

payable September 1, 1940
Series "F"........ Five Thousand Dollars,

payable September 1, 1941

And all of said bonds shall bear date the first day of Septem-
ber, 1929.

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 taxa-
tion, 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 interest 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 Commissioners for Talbot County, and designated as
the "Talbot County General School Loan Fund 1929. "

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 Thirty
Thousand ($30, 000) Dollars, as evidenced by such loan, which
certificates of indebtedness, 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 Five Hundred
Dollars ($500) out of the proceeds of said bonds for the ex-
penses incident to the preparation and sale of said bonds.

SEC. 7. And be it further enacted, That in order to pro-
vide for the selling of said bonds the said County Commis-
sioners are hereby directed to advertise said bonds for sale