214 LAWS OF MARYLAND. [CH. 134

Thirty Thousand Dollars ($30,000.00), and to issue and sell
bonds therefor, the proceeds thereof to be used for the im-
provement, development, operation, and maintenance of the
Bethesda-Chevy Chase Recreation Center in Montgomery
County, under the direction and supervision of the Mary-
land-National Capital Park and Planning Commission, and
providing, for the payment of interest on the said bonds and
principal thereof, by the levy of taxes, and providing that
this Act be passed as an emergency measure.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Board of County Commissioners of Montgomery
County be, and it is hereby, authorized and empowered in
" its discretion to issue serial coupon bonds on the faith and
credit of said County to the amount of Thirty Thousand Dol-
lars ($30,000.00) par value, said bonds to be issued in denom-
inations of One Hundred Dollars ($100.00) or any multiple
thereof, to bear interest at a rate not exceeding five (5) per
cent per annum, payable semi-annually in each year during
which said bonds shall be outstanding and remain unpaid, to be
signed by the President of the Board of County Commissioners
of said County and counter-signed by the Clerk thereof (pro-
vided that the coupons for the interest thereon may be authen-
ticated by the engraved, lithographed or printed signature of
the President of said Board of County Commissioners), and
shall have the corporate seal of said Board of County Com-
missioners of Montgomery County affixed thereto, and to be
exempt from all state, county and municipal taxes. The said
bonds shall have written or printed on them a distinct ref-
erence to the Act authorizing the issue, and shall be desig-
nated as "Montgomery County-Bethesda-Chevy Chase Recrea-
tion Bonds of 1939. "

SEC. 2. And be it further enacted, That the said Board of
County Commissioners of Montgomery County is authorized
and empowered in its discretion to issue the said bonds and sell
the same at such time and in such amounts as it may deem
desirable until the whole amount of Thirty Thousand Dollars
($30,000.00) shall have been issued and sold. The said bonds
shall be issued in series maturing as said County Commis-
sioners shall determine, but none of said bonds shall be issued
for a longer period than sixty (60) years from the date of
issue.

SEC. 3. And be it further enacted, That in order to pro-
vide for the selling of said bonds if issued under the provi-
sions of this Act, the said Board of County Commissioners
of Montgomery Comity, is hereby directed to advertise once
a week for two successive weeks before the bonds or any part