38 LAWS OF MARYLAND. [CH. 23

County and Municipal taxes. Said bonds shall be signed by
the Mayor of the City of Cumberland and attested by the
City Clerk, with the corporate seal of the City thereto at-
tached, and shall bear interest at the rate of not more than
five per cent per annum, payable semi-annually, for which
interest proper coupons are to be attached to said bonds; and
at the end of each fiscal year an excess of receipts over ex-
penses in the water fund shall be paid to the Trustees of the
Sinking Fund to be held and invested for the redemption of
Water Bonds of the City of Cumberland outstanding, with the
right to the Trustees of said Sinking Fund to purchase any
of said bonds and cancel the same.

SEC. 2. And be it further enacted, That the said Mayor and
City Council shall, by Ordinance, cause advertisement to be
made, setting the time and place where bids conditioned as
may be required by said Ordinance will be opened for the sale
of said bonds, reserving unto itself the right to reject any
and all bids. Said bids shall be filed with the City Clerk of
the City of Cumberland, and at the time and place advertised
shall be opened by him in the presence of the Mayor and City
Council, and if said bonds, be satisfactory to the Mayor and
City Council, it shall sell said bonds, or any part thereof, to
the highest bidder or bidders, of whose ability to comply with
the terms of sale the said Mayor and City Council in its dis-
cretion, is satisfied.

SEC. 3. And be it further enacted, That upon the sale of
said bonds or any part thereof, the proceeds thereof shall be
placed in a separate fund and used by the Mayor and City
Council for the purpose of paying any expenses of any kind
incurred by it in Connection with the construction of a "Cross-
Town Water Line", and other necessary purposes heretofore
or hereafter affecting the water supply of the City of Cum-
berland, and for no other purpose or purposes. The said
Mayor and City Council of Cumberland shall be and is hereby
authorized to enter into any contract, agreement or under-
standing that may be found necessary in order to secure the
benefit of any funds allocated by any agency of the United
States Government in connection with or incident to the
construction of said line, in order to afford an opportunity
for employment to as many persons as may be possible.

SEC. 4. And be it further enacted, That the Mayor and City
Council shall charge and collect for the water supplied to the
residents of the City of Cumberland and vicinity, a sum suffi-
cient to pay the expenses heretofore and hereafter necessary
for the operating of the water system of Cumberland, Mary-