ALBERT C. RITCHIE, GOVERNOR. 49

tions as it may, in its sole discretion, deem necessary. Such
notes, certificates of indebtedness and/or bonds shall bear
such rate of interest not exceeding six percentum per an-
num payable at the time of issuance of such notes, certifi-
cates of indebtedness and/or bonds or thereafter as may be
determined by said Board of County Commissioners of
Montgomery County and such notes, certificates of indebt-
edness and/or bonds may be issued from time to time and
. in such form and may be sold in such manner either at pub-
lic or private sale and may be renewed or reissued as said
Board of County Commissioners of Montgomery County
may by resolution determine and the Board of County
Commissioners shall have power to levy against the taxable
property in said County, such sums as may be necessary
from time to time to pay the interest on said notes, certifi-
cates of indebtedness and/or bonds, and to retire the prin-
cipal thereof at maturity, and shall also have power

(1) to appoint an attorney and such other employees as
may be necessary to conduct the County Liquor Dispensar-
ies or stores as above provided, fix their compensation and
require such bonds for the faithful performance of their
duties as the Boards may, in each case, determine, the num-
ber and compensation of such employees to be subject to
the approval of the Board of County Commissioners, and all
such employees shall be subject to removal by the Board
of County Commissioners at any time for any cause which
said Board may deem sufficient.

(2) to rent, lease, purchase, build, or otherwise acquire
for such terms, and upon such conditions as may, in the dis-
cretion of said Board, be determined, such buildings, sites,
land and/or improvements thereon as may be deemed neces-
sary for the purpose of establishing and maintaining said
dispensaries or stores, and for the purpose of establishing
and maintaining such warehouse or warehouses as the
Liquor Control Board may determine to be necessary or
desirable.

The net profits derived from the sale of alcoholic bever-
ages by the Liquor Control Board shall be applied, in the
first place, towards the payment of current interest and re-
tirement charges on such notes, certificates of indebtedness
and/or bonds as may be issued by the Board of County
Commissioners for the purpose of raising funds for the
establishment and operation of the Dispensary System au-
thorized in said County, and after the payment of such
charges, not more than fifty per centum (50%) of the
profits shall be used by the Board of County Commissioners