WM. PRESTON LANE, JR., GOVERNOR. 121

Salisbury, with the seal of the City attached thereto,
attested by the Clerk of Salisbury and if coupon bonds,
the coupons thereon shall be signed by the Clerk of Salis-
bury, or a facsimile of his signature, shall be stamped,
printed, lithographed or engraved thereon. Said bonds,
when signed and attested as heretofore directed shall be
delivered to the Clerk of Salisbury, and the bond of the
said Clerk of Salisbury shall be responsible for the safe
keeping of the said bonds and the proceeds thereof. The
Clerk of Salisbury shall sell said bonds at public auction
or by sealed bids, after giving at least two (2) weeks
notice thereof in one or more newspapers published in the
City of Salisbury, under the supervision of and at such
time and in such amounts as the Mayor and Council of
Salisbury shall order, but no bonds shall be sold by sealed
bids, except at prices approved by the Mayor and Council
of Salisbury. The said Clerk of Salisbury shall deliver
said bonds so sold to the purchaser or purchasers thereof,
and receive the money therefor, including any premiums
thereon, and shall report under oath to the Mayor and
Council of Salisbury his proceedings in the premises as
soon as possible after said sale, with the name or names
of the purchasers to whom said bonds have been sold and
delivered, together with the amount received for the
bonds so sold, and said money, including said premiums,
if any, shall be immediately credited by the Clerk of
Salisbury in his books to the "Salisbury, Maryland, Street
Paving Bonds of 1949, " to be applied only for the pur-
poses specified in this Act. Provided, however, that any
balance of the proceeds of said bond issue not required
for the purposes hereinbefore specified shall be applied to
the sinking fund for the redemption of said bonds.

SEC. 3. And be it further enacted, That the Mayor and
Council of Salisbury shall annually levy upon all the assess-
able property liable to taxation in the City of Salisbury
at the regular tax levying period an amount sufficient to
meet and pay the interest on said bonds so issued and
outstanding, and to meet and pay the principal of said
bonds as they shall severally become due from time to
time, which tax shall be levied and collected, and shall have
the same priority rights, bear the same interest and penal-
ties and in every respect be treated the same as other City
taxes now are. Said amount so levied and collected shall
be kept in a separate fund for the payment of said interest
and principal and for no other purpose whatsoever.

SEC. 4. And be it further enacted, That this Act is
hereby declared to be an emergency law and necessary