ALBERT C. RITCHIE, GOVERNOR.                  731

and maintaining water works capable of furnishing the resi-
dents of said town with a good and sufficient supply of water
for ordinary purposes and for fire protection, the Mayor and
Council of Grantsville be and they are hereby authorized and
empowered and directed to issue bonds in the name of the
Mayor and Council of Grantsville to an amount not exceeding
$25, 000. 00, or so much thereof as may be necessary for the
purposes aforesaid. The said bonds shall be for sums not less
than $500. 00 each, nor more than $1, 000. 00 each, to be signed
by the Mayor and President of the Council and countersigned
by the clerk of the said Mayor and Council with the corporate
seal of said town thereto affixed, bearing interest at not more
than five per centum per annum, payable semi-annually in
each and every year and dated on the first day of their issue..
The said bonds shall be numbered serially. Bond "No. 1 shall
be due and payable three years from date of issue, and there-
after each bond shall mature and be payable each consecutive
year from the maturity of Bond No. 1 in the order of their
consecutive numbers; provided, however, the Mayor and Coun-
cil of Grantsville are hereby given the option to redeem any
or all bonds outstanding ten years from date of issue; that
all of said bonds issued as aforesaid shall be due and payable
within twenty-seven years from the date of their issue, and
shall be forever exempt from all county and municipal taxa-
tion for any purpose, and shall have printed on them a refer-
ence to the Act of Assembly authorizing the issue thereof.

Xt3

SEC. 2. And be it further enacted, That the Mayor and
Council of Grantsville are hereby authorized and empowered
to construct and erect water works and sewerage from said
town, and to contract for the purchase in fee simple or lease
for a term of years, renewable at their pleasure, any land, real
estate, springs, brooks, water courses, streams, and to use and
occupy forever or for a term of years any land, real estate,
springs, brooks, water courses or streams which they may deem
expedient and necessary for the purposes of furnishing said
town with water, and they are hereby invested with all the
rights and powers necessary for the induction of water into
the said. town. If for any cause the said Mayor and Council
of Grantsville shall be unable to agree with any owner of real
or leasehold property, springs, brooks, water streams or water
courses or any other material which partakes of or is a neces-
sary part of realty, or for any right of way which they may
find necessary for the conduct of said water system in its en-