1124 LAWS OF MARYLAND. [CH. 553

seal of the town attached and registered by the Treasurer of
said town in a book kept by him for this purpose. The said
bonds shall be sold by the Treasurer at such times and in such
manner and amounts as the Burgess and Council may direct,
but shall not be sold for less than their face value. They shall
be numbered consecutively, and redeemed in the same order,
and when any of the said bonds have been selected for redemp-
tion, the holder of such bond or bonds shall be notified thereof,
or, if unknown, notice of such redemption shall be given by
advertising in at least two newspapers published in Wash-
ington County for ten days, and where to be paid, and interest
shall cease on such bonds called for redemption from and after
the date fixed for redemption.

SEC. 4. And be it further enacted, That the Treasurer shall
receive and account to the Burgess and Council for the pro-
ceeds arising from the sale of all bonds made by him, and
shall only disburse or pay out any of such proceeds upon the
order or warrant of the said Burgess and Council, duly signed
by the Burgess and attested by the clerk.

SEC. 5. And be it further enacted, That the said Burgess and
Council are hereby directed to apply the revenues and receipts
arising from water rents, first to the necessary care, repairs,
betterment and maintenance, enlargement or extension of the
Water Works system; and after such expenditures, then to the
payment of the interest on said bonds; and any remainder of
such revenue and receipts to be safely invested in a sinking
fund to be applied to the payment of the principal of such
bonds as soon as they become redeemable. And in case the
aforesaid revenues and receipts are insufficient to pay the
interest on said bonds when due, or to redeem said bonds when
redemption is called for or determined upon, the said Burgess
and Council are hereby authorized to apply any receipts from
fines and licenses, or balance of general fund; and are also
hereby authorized and empowered to levy on the taxable prop-
erty of said town a special tax sufficient to make up the deficit,
if any, from previously named sources, and any balance unused
from this special tax to go to said sinking fund, and in no
instance shall such moneys be diverted from the purpose of
this Act.

SEC. 6. And be it further enacted, That the said Burgess
and Council are authorized and empowered to contract for,
purchase in fee simple or lease for a term of years, any land,
real estate, spring, brook, water and water courses, to dig,
bore, and sink wells, to erect any and all reservoirs, storage
dams, and standpipes, for the storage of water, as may be