ALBERT C. RITCHIE, GOVERNOR. 605
SEC. 2. And be it further enacted, That said bonds shall be
so issued that a series of said bonds to the amount of five thou-
sand ($5, 000. 00) dollars shall mature and become payable one
year after date thereof, and a like series to the amount of five
thousand ($5, 000. 00) dollars two years from the date thereof,
and so on until the whole amount thereof shall have been re-
deemed, SO' that the last series of said bonds shall fall due and
become payable at the end of twelve years from the date of the
issue thereof, and said bonds shall be sold after proper adver-
tisement, stating the time and place where bids, conditioned as
the said County Commissioners may require, will be opened for
the sale of said bonds, reserving unto the County Commission-
ers the right to reject any and all bids. Said bids, together
with such certified checks as may be required^ shall be filed
with the Clerk of the County Commissioners, and at the time
and place advertised, shall be opened by him in the presence
of the said County Commissioners, and if said bids be satis-
factory, the said County Commissioners shall sell said bonds
to the highest bidder or bidders therefor, of whose ability to
comply with the terms of sale the said County Commissioners,
in their discretion, are satisfied.
SEC. 3. And be it further enacted, That the said County
Commissioners shall annually cause to be levied and collected
on the assessable property in Allegany County a tax which
shall be sufficient to pay the interest on said bonds, and also to
redeem all of said bonds which shall mature during that year,
and said tax shall be collected in like manner as other taxes
collected in said county are collected, and when collected, shall
be applied to the payment of the interest on said bonds and
to their redemption as and when they mature. In the event
that the County Commissioners shall purchase the Western
Maryland Hospital under the provisions of this Act, and sub-
sequently re-sell the same, it being hereby authorized so to do,
then the proceeds of said sale shall be applied toward the re-
demption of the bonds, and if said County Commissioners shall
elect to lend said money as hereinbefore authorized, and said
loan shall be repaid, together with the interest thereon, by the
Board of Governors of the Memorial Hospital to said County
Commissioners, the County Commissioners shall apply any
sums of money so received toward the redemption of said bonds
and the payment of the interest thereon.
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