1630 LAWS OF MARYLAND. [CH. 756

loan shall be paid upon the serial annuity plan hereinbelow
specified and all within fifteen years after the issuance
thereof.

SEC. 2. And be it further enacted, That in issuing the
Certificates of Indebtedness for said loan as herein speci-
fied in Section 1, the Governor, the Comptroller of the
Treasury and the Treasurer of this State, or a majority
of them, shall issue said Certificates according to what is
known as the Serial Annuity plan, and each series as issued
shall be lettered, beginning with the letter "A", and so on
down the alphabet until the entire amount of Four Million,
One Hundred and Thirty Thousand Dollars ($4, 130, 000. 00)
shall be issued so that the entire principal shall be redeem-
able as follows: $1, 587, 000. 00 of said loan, bearing date
of 15th day of August, 1939, shall be redeemable as
follows:

Series Amount Redeemable

"A" .............................. $ 95, 000. 00 August 15, 1942

"B" .............................. 99, 000. 00 August 15, 1943

"C" .............................. 103, 000. 00 August 15, 1944

"D" .............................. 107, 000. 00 August 15, 1945

"E" .............................. 111, 000. 00 August 15, 1946

"F" .............................. 116, 000. 00 August 15, 1947

"G" .............................. 120, 000. 00 August 15, 1948

"H" .............................. 125, 000. 00 August 15, 1949

"I" .............................. 131, 000. 00 August 15, 1950

"J" .............................. 136, 000. 00 August 15, 1951

"K" .............................. 142, 000. 00 August 15, 1952

"L" .............................. 148, 000. 00 August 15, 1953

"M" .............................. 154, 000. 00 August 15, 1954

$1, 370, 000. 00 of said loan, bearing date of February 15,
1940, shall be redeemable as follows:

Series Amount Redeemable

"N"........................ $88, 000. 00 February 15, 1943

"O"....................... 90, 000. 00 February 15, 1944

"P"....................... 93, 000. 00 February 15, 1945

"Q"........................ 96, 000. 00 February 15, 1946

"R"........................ 99, 000. 00 February 15, 1947

"S"........................ 102, 000. 00 February 15, 1948

"T"........................ 105, 000. 00 February 15, 1949

"U"........................ 108, 000. 00 February 15, 1950

"V"........................ 111, 000. 00 February 15, 1951

"W"........................ 114, 000. 00 February 15, 1952

"X" ........................ 118, 000. 00 February 15, 1953

"Y"........................ 121, 000. 00 February 15, 1954

"Z" ........................ 125, 000. 00 February 15, 1955