ALBERT C. RITCHIE, GOVERNOR.                  685

ing pursuant to the several Acts of the General Assembly of
Maryland above described; said bonds to be issued in denomi-
nations of one thousand ($1, 000. 00) dollars each and to bear
interest at a rate not to exceed four and one-quarter per cent,
per annum, payable semi-annually on the first days of April
and October in each and every year said bonds are outstanding
and unpaid from date of issue, which interest shall be evi-
denced by proper coupons to be attached to said bonds, and
said bonds to be signed by the president of the Board of County
Commissioners for Frederick County and countersigned by the
clerk thereof, sealed with the corporate seal of said Board of
County Commissioners for Frederick County, and that cou-
pons for the interest thereon may be authenticated by the en-
graved, lithographed or printed signature of the president of
said Board of County Commissioners for Frederick County or
the clerk thereof, and to be exempt from any and all State,
county and municipal taxes. The said bonds shall have written
or printed on them a distinct reference to the Act authorizing
the issue.

SEC. 2. And be it further enacted, That said bonds shall
be issued in series to mature as follows:

October 1st, 1941..........$20, 000. 00

October 1st, 1942.......... 20, 000. 00

October 1st, 1943.......... 20, 000. 00

October 1st, 1944.......... 20, 000. 00

October 1st, 1945.......... 20, 000. 00

SEC. 3. And be it further enacted, That upon the sale of
the bonds hereby authorized the proceeds thereof shall be used
by the Board of County Commissioners for Frederick County
for the purpose of paying off part of the serial maturities of
the above described bond issues.

SEC. 4. And be it further enacted,, That the County Com-
missioners for Frederick County shall cause to be levied and
collected from the assessable property of Frederick County
such taxes as may be sufficient to pay for the interest on the
outstanding bonds issued in pursuance of this Act as the same
may fall due and also such further additional sums as may be
required to retire and redeem said bonds when and as the same
shall mature, until all of them shall have been retired. And
said taxes shall be collected in like manner as other taxes
levied in Frederick County are collected and when collected