WM. PRESTON LANE, JR., GOVERNOR 293

credit of Wicomico County the sum of One Hundred
Seventy-Five Thousand Dollars ($175,000.00), and to
issue and sell bonds therefor, and to provide generally
the terms of said bonds and the terms and the manner
of the sale thereof; exempting said bonds from state,
county and municipal taxation in the State of Maryland;
providing that the proceeds thereof shall be used by
the Board of Education of Wicomico County for the con-
struction, completing, or aiding in the construction,
making additions to or improvements in, the equip-
ment of, and the acquisition of sites for schools at or
near Willards, Maryland, Pittsville, Maryland, and
Salisbury, Maryland, and for the repayment of amounts
already expended in said projects; providing for the
payment of said bonds, both principal and interest, by
the levy of taxes upon all taxable property in Wicomico
County; AND TO REPEAL CHAPTER 340 OF THE
ACTS OF 1939, SAID ACT AUTHORIZING AND EM-
POWERING THE COUNTY COMMISSIONERS OF
WICOMICO COUNTY TO BORROW A SUM OF
MONEY FOR SCHOOL PURPOSES, INSOFAR AS
ANY AUTHORITY CONFERRED BY SAID CHAP-
TER 340 IS UNEXERCISED AS OF THE DATE OF
THE PASSAGE OF THIS ACT.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That the County Commissioners of Wicomico County,
Maryland, be and they are hereby authorized and em-
powered to issue at one time, or from time to time, upon
the full faith and credit of said County, coupon bonds in
an amount or amounts not exceeding in the aggregate One
Hundred and Seventy-Five Thousand Dollars ($175,-
000.00), for the purpose of constructing, completing the
construction or aiding in the construction, making addi-
tions to or improvements in, equipping, and acquiring
sites for schools at Willards, Maryland, Pittsville, Mary-
land, a colored high school on Lake Street, in or near
Salisbury, Maryland, a white high school on or near
Mount Herman Road, in or near Salisbury, Maryland, the
Prince Street school in Salisbury, Maryland, and the Pem-
berton School on Anderson Road, near Salisbury, Mary-
land, and for the repayment of amounts already expended
in said projects.

SEC. 2. And be it further enacted, That the said bonds
shall be issued in the denomination of One Thousand Dol-
lars ($1,000.00), with coupons attached thereto for the
payment of interest thereon, semi-annually, until maturity;
said bonds shall be signed by the President of the County