LAWS OF MARYLAND. [CH. 203

citizens of the State of Maryland. The bonds shall be known
as "Anne Arundel County Public School Bonds, " and this shall
be printed or lithographed on each bond, with a reference to
this Act as authorizing the same. The Board of Education of
Anne Arundel County and the County Commissioners of Anne
Arundel County are hereby expressly authorized to do any and
all acts and things in connection with said bond issue that may
be proper, to give validity to said bonds. The Board of Edu-
cation of Anne Arundel County is hereby directed and em-
powered to sell and dispose of the bonds herein authorized, at
public sale to the highest bidder or bidders therefor for cash,
after thirty (30) days' public notice by advertisement, pro-
vided the said bond issue or any part thereof shall not be sold
for less than par and accrued interest; and the sale of part or
all of said bonds shall be made at such time and in such amount
as the said board shall deem advisable to carry out the objects
of this Act.

SEC. 3. And be it further enacted, That for the purpose of
paying the interest on said bonds, and for redeeming the said
bonds as they mature, the said Board of County Commission-
ers 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 prop-
erty of said county, sufficient to pay the annual interest on
said bonds outstanding and to redeem said bonds as they
mature and become due; said taxes to be collected as other
taxes levied in said County are collected and the amount so
collected shall be turned over to the Treasurer of the Board
of Education to be used to meet the provisions of this Act.

SEC. 4. And be it further enacted, That the said Treasurer
of the Board of Education of Anne Arundel County shall keep
a separate account of the money collected each year by him
for to be applied to the payment of the interest and deposited
to meet the principal of said bonds at maturity, and no part
of which shall be chargeable with insolvencies allowed the
Treasurer on account of failure of collections.

SEC. 5. And be it further enacted, That the said bonds shall
be issued and paid upon the serial annuity plan hereinbelow
specified, and all within thirty-one (31) years after the issu-
ance thereof and cash series as issued shall be dated July 1,
1929, and lettered beginning with the letter "A" and so on