WM. PRESTON LANE, JR., GOVERNOR 295

SEC. 4. And be it further enacted, That the proceeds
arising from the sale of said bonds shall be paid over to
the Treasurer of Wicomico County, and credited by him to
the Board of Education of Wicomico County, to be used in
the discretion of the members of said Board of Education
and under their supervision and direction for building or
aiding in building, making additions and improvements
to and equipping the aforesaid school buildings. Said
Board of Education shall have full authority to contract
for, supervise, direct and control such work in such man-
ner as in their discretion they may deem to the best public
interest, and full power is given them to employ and pay
out of the said funds all architects, builders, or other per-
sons, supervisors or agents, as to them may seem advisable
and necessary; and the Board of Education of Wicomico
County and the County Commissioners of Wicomico County
shall jointly agree and determine what part of the afore-
said funds shall be used for, or allocated to, each of the
aforesaid schools.

SEC. 5. And be it further enacted, That for the pur-
pose of paying the principal and interest on said bonds as
they respectively become payable and mature, the County
Commissioners of Wicomico County shall levy, for the
first year following the date of the issue of said bonds, and
annually thereafter until all said bonds shall mature and
be paid, a tax upon all of the assessable property in
Wicomico County sufficient to pay the annual interest on
said bonds outstanding from time to time, and to pay the
principal of said bonds as they mature, said taxes to be
collected as other taxes levied in said County are collected.
Said tax shall be in addition to all other taxes authorized
or limited by law.

SEC. 6. And be it further enacted, That all bonds is-
sued under the authority of this Act shall be exempt from
taxation by the State of Maryland and by the counties
and municipalities of said State,

SEC. 6A. AND BE IT FURTHER ENACTED, THAT
CHAPTER 340 OF THE ACTS OF THE REGULAR
SESSION OF 1939 BE AND THE SAME IS HEREBY
REPEALED INSOFAR AS CONCERNS ANY AUTHOR-
ITY CONFERRED BY SAID CHAPTER 340 TO BOR-
ROW FUNDS FOR THE CONSTRUCTION AND
EQUIPPING OF SCHOOL BUILDINGS WHICH IS UN-
EXERCISED AT THE DATE OF THE PASSAGE OF
THIS ACT.