420 LAWS OF MARYLAND. [CH. 431

(c) Such bonds shall be signed by the President of
the Board of County Commissioners of Calvert County,
countersigned by the County Treasurer, and the corporate
seal of the county shall be attached thereto by the Clerk of
the County Commissioners; and the interest coupons at-
tached to each of such bonds shall bear the facsimile sig-
nature of the County Treasurer printed, lithographed or
engraved thereon.

SEC. 2. And be it further enacted, That any bonds issued
under the provisions of this Act shall be sold in the manner
prescribed by Section 35 of Article 31 of the Annotated
Code of Maryland (1939 Edition) at such time or times
as the County Commissioners of Calvert County may deem
proper.

SEC. 3. And be it further enacted, That the entire pro-
ceeds arising from the sale of any bonds issued under the
provisions of this Act, after the payment of the costs of
engraving and all other incidental costs and expenses con-
nected with the issuance of the bonds shall be paid over
by the County Commissioners of Calvert County to the
County Treasurer to be held in a separate account subject
to the order of the County Board of Education, and to
be spent only as provided in Section 4 of this Act.

SEC. 4. And be it further enacted, That the Board of
Education of Calvert County shall have the power (a) to
use not exceeding One Hundred Forty-four Thousand Dol-
lars ($144, 000) of the proceeds from the sale of any bonds
issued under this Act to provide for the acquisition of a
site or sites and the erection of and equipment for a public
school building or buildings for the use of colored school
children, and to pay any expense incurred in providing for
the acquisition of such sites and the erection of and equip-
ment for such school buildings; and

(b) to use not exceeding One Hundred Eighteen Thou-
sand Dollars ($118, 000) of the proceeds from the sale of
any bonds issued under this Act to provide for the acqui-
sition of a site or sites and the erection of and equipment
for a public school building or buildings for the use of
white school children, and to pay any expense incurred in
providing for the acquisition of such sites and the erec-
tion of and equipment for such school buildings.

SEC. 5. And be it further enacted. That for the purpose
of paying the interest on such bonds as may be issued under
the provisions of this Act, and redeeming them as they
mature, the County Commissioners of Calvert County shall