ALBERT C. RITCHIE, GOVERNOR. 827

interest at a rate not exceeding four and one-half (4½) per
cent, per annum, payable semi-annually in each year during
which said bonds shall be outstanding and remain, unpaid, to
be signed by the President of the Board of County Commis-
sioners of said county and countersigned by the clerk thereof,
provided that the coupons for the interest thereon may be au-
thenticated by the engraved, lithographed, or printed signature
of the said Board of County Commissioners of Washington
County affixed thereto, which said bonds so to be issued shall be
exempted from all state, county and municipal taxes. The said
bonds shall have written or printed on them a distinct refer-
ence to the act authorizing the issue and shall be designated
as Washington County, Hancock and Smithsburg High Schools
Bonds of 1929.

SEC. 2. And be it further enacted, That the said County
Commissioners of Washington County are authorized and em-
powered to issue the said bonds and sell the same at such times
and in such amounts as they may be called upon so to do by
the Board of Education of said county until the whole amount
of $150, 000. 00 shall have been issued and sold. The said
bonds shall be issued in series maturing as said County Com-
missioners shall determine, but none of said bonds shall be is-
sued for a longer period than twenty-five years from the date
of issue.

SEC. 3. And be it further enacted, That in order to provide
for the selling of said bonds to be issued under the provisions
of this Act, the said County Commissioners of Washington
County are hereby directed to advertise once a week for four
successive weeks, before said bonds or any part thereof shall
be issued, in two daily newspapers published in the City of
Hagerstown, and in such other newspapers as may be deter-
mined by the said County Commissioners, that the said County
Commissioners will be in readiness, at a certain time within
fifteen clays after the expiration of said notice, to receive bids
at such place as may be named in said advertisements for bonds
issued under the provisions of this Act, under such regulations
as may be made in the discretion of said County Commission-
ers, and the accrued interest between the date of the bonds
and the time of sale and delivery of, and payment for, said
bonds, shall be adjusted with the purchaser or purchasers there-
of, under such regulations as may be made in the discretion
of said County Commissioners, and at the time mentioned in