WM. PRESTON LANE, JR., GOVERNOR. 1451

amount of not more than Ten Million, Six Hundred and
Fifty Thousand Dollars (f 10, 650, 000. ) for the purpose of
building new schoolhouses or for the construction of an
addition or additions to existing schoolhouses in said
County, for the purchase of sites where necessary, and for
equipping such new or improved schoolhouses, or for the
matching of Federal funds for the above mentioned pur-
poses, said bonds to be issued from time to time in the
joint discretion of said Boards; and to authorize the Board
of County Commissioners of Prince George's County to levy
such tax on the taxable basis of said County as may be
necessary to pay the interest on such of said bonds as may
be outstanding from time to time, and to redeem said
bonds as they become due and payable.

SECTION 1. Be it enacted "by the General Assembly of Mary-
land, That whenever the Board of Education of Prince
George's County shall think it advisable to build and equip
new schoolhouses, or construct an addition or additions to
existing schoolhouse or schoolhouses at a location or locations
to be determined, including the purchase of land, if neces-
sary, or to match Federal funds for the aforesaid purposes,
it may by resolution request the Board of County Commis-
sioners of said County to authorize the Board of Education
of Prince George's County to issue bonds and to pay for the
same, said bonds to be guaranteed as to payment of principal
and interest by the Board of County Commissioners of Prince
George's County, on the full faith and credit of said County,
and if the Board of County Commissioners of said County
concur in the advisability of issuing such bonds for the pur-
pose, or purposes, indicated in such resolution, they may by
their resolution order that the same shall be issued as herein-
after provided, but the total amount of bonds issued from
time to time hereunder shall not exceed the sum of Ten Mil-
lion, Six Hundred and Fifty Thousand Dollars ($10, 650, 000)
and the proceeds shall be spent in accordance with the pro-
visions hereof.

SEC. 2. And be it further enacted, That such bonds shall
have semi-annual interest coupons attached and shall be is-
sued on the serial maturity plan and shall be known as
"Prince George's County Public School Bonds of...... ",

inserting the year of issue. The Board of County Commis-
sioners in the aforesaid resolution shall fix the date of issue;
determine the denomination of the bonds; fix the amount to
be paid each year, provided that no series shall mature more
than twenty-five (25) years from the date of issue; and fix
the rate of interest to be paid on said bonds or designate