1224 LAWS OF MARYLAND. [CH. 486

for, or if any insufficient price be bid for them, they may sub-
sequently be disposed of under the direction of said County
Commissioners, or a majority of them, at a private sale, upon
the best terms they can obtain for the same; and provided
further that said County Commissioners, in their discretion,
shall have the right to reject any and all bids.

SEC. 4. And be it further enacted, That the actual proceeds
of the sale of said bonds shall be used exclusively for the follow-
ing purposes, to wit:

(a) For the payment of the cost of engraving or printing of
said bonds, and for the payment of the cost of advertising
authorized by this Act and all other incidental expenses in
connection with the issuance of said bonds;

(b) The remainder of the proceeds from the sale of the said
bonds shall be paid over to the Treasurer of Kent County,
(and deposited by him in a special account at interest in such
bank or banks as the said Treasurer may determine. The money
shall be used exclusively for the construction and improvement
of roads and bridges, in Kent County by the State Roads Coin-
mission of Maryland, and for the purchase and acquisition of
land, rights of way and for any necessary expenses incident
to the construction and improvement of roads and bridges by
the State Roads Commission in said County. Payments out of
the proceeds from the sale of bonds shall be made from time
to time by the Treasurer on proper vouchers presented to him
by the State Roads Commission. The roads and bridges to be

constructed or improved shall foe designated by the County
Commissioners of Kent County, subject to the approval of
the State Roads Commission.

SEC. 5. And be it further enacted, That for the purpose of
paying the interest on said bonds, the Board of County Com-
missioners of Kent County shall, for the year 1929, and annually
thereafter, until all of said bonds issued under the authority
of this Act shall mature and be redeemed, levy a tax upon the
assessable property in said county sufficient to pay the annual
interest on said bonds outstanding, said taxes to be collected
as other taxes levied in said county are collected.

Any interest which may accrue on the bank deposits made by
the Treasurer of the proceeds from the sale or sales of said
bonds shall not be expended by the State Roads Commission,
but said interest moneys shall be withdrawn from the special

account, from time to time and applied to the payment of the
interest when due on said bonds outstanding, in which event
the Board of County Commissioners may levy a tax sufficient