ALBERT C. RITCHIE, GOVERNOR.                    51

signed by the County Treasurer of Wicomico County with the
seal of the said county affixed thereto; the coupons thereon
shall be signed by the County Treasurer of Wicomico County
or a fac-simile of his signature shall be printed, engraved or
written thereon; said bonds shall bear interest from the date
thereof at a rate not exceeding five per centum per annum,
and shall be exempt from all State, county and municipal taxa-
tion.

SEC. 3. And be it further enacted, That the said bonds shall
be issued bearing date as of the first day of the month in which
they are issued, and said bonds shall be numbered consecutively
beginning with number one (1) and shall be payable as fol-
lows:

Forty (40) bonds in 1944;

Forty (40) bonds in 1945;

Thirty (30) bonds in 1946.

SEC. 4. And be it further enacted, That the said interest
coupons and said bonds shall be payable at the office of the
County Treasurer of Wicomico County, and whenever such
coupon or coupons, bond or bonds shall have been paid or re-
deemed, it or they shall be cancelled or destroyed by the County
Treasurer and note thereof made on record of said bond.

SEC. 5. And be it further enacted, That the County Com-
missioners of Wicomico County, Maryland, shall advertise the
said bonds in at least two newspapers published in Wicomico
County, and one newspaper published in Baltimore City, and
by such other advertisement as may to them seem proper and
advisable, inviting sealed proposals for the purchase of said
bonds or any part thereof, with the privilege to the said
County Commissioners of Wicomico County to reject any and
all bids, and no bid shall be accepted at less than par; the said
County Commissioners shall advertise said bonds for such
length of time as to them may seem adequate, and shall offer
said bonds either all at the same time or at different intervals
and amounts as may be most advantageous to the "School
Building Commission of Salisbury, " which is hereby created,
in carrying on the work for which said bonds are issued; and
no part of the money arising from the sale of said bonds shall
be used except for the purpose designated and provided for in
this Act; provided, that the cost of engraving or printing said