ALBERT C. RITCHIE, GOVERNOR. 123

questing erosion prevention works, the County Commis-
sioners, acting as District Council for any of such districts,
are hereby authorized and empowered to construct erosion
prevention works in said districts to prevent erosion by
the Chesapeake Bay and tributaries. And the said County
Commissioners, acting as District Council shall provide
the necessary engineering agency for the preparation of
plans, specifications, contracts and supervision.

For the purpose of providing funds for the purchases
and condemnations authorized by Section 517 hereof; for
the construction of erosion prevention works in or for any
of said Taxing and Assessment Districts, the said County
Commissioners, acting as District Council for the district
in or for which erosion prevention works are to be con-
structed, is hereby authorized and empowered to borrow
money upon the faith and credit of the Taxing and
Assessment District to be so protected, in such amount
or amounts as it may deem necessary to complete
the construction of such erosion prevention works in or
for such Taxing and Assessment District. The money so
borrowed shall bear interest at a rate to be fixed by said
County Commissioners, not exceeding six per centum per
annum, payable semi-annually, and shall be secured by
notes, certificates of indebtedness or bonds issued by the
County Commissioners, acting as District Council for each
district to be so improved, upon the faith and credit of
such Taxing and Assessment District. Said notes, certi-
ficates of indebtedness or bonds shall be and remain ex-
empt from State, county and municipal taxation. Said
notes, certificates of indebtedness or bonds shall be made
payable within fifteen years after the issuance thereof.
Said notes, certificates of indebtedness or bonds shall be
issued under the hand and seal of the County Commis-
sioners, acting as District Council for the district for
which said notes, certificates of indebtedness or bonds are
issued, and said bonds, only, shall be guaranteed as to the
payment of principal and interest by the County Commis-
sioners of Anne Arundel County, which guaranty shall be
endorsed on each of said bonds in the following language:
"The payment of interest when due and the principal at
maturity is guaranteed by Anne Arundel County, Mary-
land. " Such endorsement shall be signed on each of said
bonds by the president and attested by the clerk, of the
Board of County Commissioners of said county, and its
corporate seal thereto affixed, within twenty days after
said bonds are ready for endorsement.