HERBERT R. O'CONOR, GOVERNOR. 1291
CHAPTER 637.
(House Bill 779)

AN ACT to authorize the County Commissioners of Charles
County, upon the recommendation of the County Board of
Education, to issue coupon bonds to the extent of Twenty-
seven Thousand Dollars ($27,000.00) on the faith and credit
of said county for constructing, equipping and furnishing
certain school buildings and additions in Charles County,
and to levy a tax on the assessable property of said county
to pay the interest on said bonds and pay the principal of
said bonds as they become due and payable.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That for the purpose of raising money to be used for
construction, equipment and furnishing of schools in accord-
ance with this Act, the County Commissioners of Charles
County are hereby authorized, but only upon recommendation
of the County Board of Education, to issue coupon bonds to
the amount of Twenty-seven Thousand Dollars ($27,000.00);
said bonds shall be issued in denominations of One Thousand
Dollars each, numbered consecutively and shall be dated Sep-
tember 1, 1939, and shall bear interest from the date of issue
at a rate to be fixed by the County Commissioners of Charles
County, or a majority of them, not exceeding four per centum
(4%) per annum, payable semi-annually, and shall mature
serially, One Thousand Dollars ($1,000) annually, beginning
on September 1, 1940, until all of said bonds shall mature and
be paid; said bonds shall be signed by the President of said
County Commissioners and attested by the Treasurer of
Charles County with the seal of the County Commissioners of
Charles County attached and said bonds shall have printed
thereon a distinct reference to the Act directing their issuance
and shall be exempt from State,, county and municipal taxa-
tion in the State of Maryland.

SEC. 2. And be it further enacted, That in order to provide
for the selling of said bonds the said County Commissioners
are hereby directed to advertise said bonds for sale once a
week for three successive weeks in some newspaper printed
and published in Charles County, and once a week for three
successive weeks in some newspaper printed and published in
Baltimore City, and if the said Board of County Commissioners
deem it expedient, then to advertise said bonds in such other
newspaper or newspapers, or publications as they may select;
and the said County Commissioners shall be in readiness at
any time within fifteen days after the expiration of said notice