1774 LAWS OF MARYLAND. [CH. 715

notice by publication in one newspaper published within the
County, for three weeks, and by handbills posted and circu-
lated in the localities where said improvements are con-
templated, and shall state in said notice the probable cost of
the contemplated improvements, and shall further state therein
that plans of the improvements may be inspected at the Com-
mission's office and that any person interested in said im-
provements will be heard by the Commission at a time to be
specified in the notice, but not less than ten days after first
publication thereof. If twenty property owners residing in
the sanitary district wherein the improvements are contem-
plated shall thereupon, and within ten days after the last of
said publication of said notice, file a petition with the Com-
mission protesting against the proposed improvement, and
request a referendum to the people within the contemplated
district, the Commission shall notify the Board of Election
Supervisors of such fact and shall hold an election as herein-
after set forth.

463E. For the purpose of providing funds for the design,
construction, establishment, purchase or condemnation of
water supply, sewerage and drainage systems in any of the
sanitary districts, said Commission is authorized and em-
powered to issue bonds, from time to time upon the faith and
credit of Allegany County, in such amounts as it may deem
to be necessary to carry on its work, but at no time shall the
total issue of bonds in any sanitary district for all purposes
under this sub-title exceed ten per centum of the total value
of the property assessed for county taxation purposes within
said sanitary district. Said bonds shall be serial bonds issued
upon the serial maturing plan and in such denominations as
shall be determined by the Commission; said bonds may be
redeemable before maturity at the option of the Commission
at such price and under such terms and conditions as may be
fixed by the Commission prior to the issuance of said bonds,
shall bear interest at a rate not exceeding four per centum
per annum, payable semi-annually, and shall mature in not
more than thirty years after date of issue and shall be forever
exempt from State, city and county taxation. They shall be
issued under the signature and seal of the Commission and
shall be guaranteed as to payment of principal and interest
by the County Commissioners of Allegany County, which
guarantee shall be endorsed on each of said bonds in the
following language: "The payment of interest when due and
the principal at maturity is guaranteed by Allegany County,
Maryland". Such endorsement shall be signed on each of said
bonds by the President and by the Clerk of the Board of
County Commissioners of said County within ten days after