516 LAWS OF MARYLAND. [CH. 253

when said bonds are offered for sale. Said bonds, when
issued, shall be signed by the President of the Board of
County Commissioners for Frederick County and counter-
signed by the Clerk thereof, sealed with the corporate seal
of said Board of County Commissioners; and the coupons
attached thereto shall be authenticated by the engraved,
lithographed or printed signature of the President of said
Board of County Commissioners for Frederick County.

SEC. 4. And be it further enacted, That the County
Commissioners for Frederick County may also provide by
resolution or resolutions for the registration of any bonds
authorized to be issued under this act, as to the principal
thereof, in the names of the owners thereof, in the event
the owners desire to have said bonds registered. And bonds
issued under this act which are redeemed and paid off shall
be cancelled.

SEC. 5. And be it further enacted. That the County
Commissioners of Frederick County is hereby authorized
and directed to levy and collect from the assessable property
of Frederick County all necessary taxes for the payment of
the interest on said bonds and for the payment of the prin-
cipal thereof, as the same shall fall due and become pay-
able. The bonds authorized to be issued under this act shall
be serial bonds and a certain number of said bonds shall
fall due and become payable at stated periods, at which time
they shall be paid off and redeemed, in the manner pro-
vided by resolution or resolutions of the County Commis-
sioners for Frederick County; provided, however, that
the bonds authorized to be issued under this act shall not
extend over a period of more than twenty-six years from
the date of the issuance of said bonds. Said taxes shall be
collected in like manner as other taxes levied in Frederick
County are collected, and when collected shall be applied
to the payment of the interest on outstanding bonds, and
for the redemption of the same as they may mature and
become payable. The entire faith and credit of the County
Commissioners of Frederick County is hereby authorized
to be pledged for the payment of the interest on said bonds
and for the payment of the principal thereof, as the same
shall fall due and become payable.

SEC. 6. And be it further enacted, That said Board of
County Commissioners for Frederick County is hereby
authorized, in its discretion, to advertise for bids and sell
said bonds, if and when it is to the best interests of Fred-
erick County that the same b$ done,