1674 LAWS OF MARYLAND [CH. 727

termine to be for the best interests of the Town, but no
such sale shall be made at a price so low as to require the
payment of interest on the money received therefor at
more than four and one-half per centum (4-½%) per
annum, computed with relation to the absolute maturity of
the bonds in accordance with standard tables of bond values,
excluding, however, from such computation the amount of
any premium to be paid on redemption of any bonds prior
to any maturity.

The proceeds of said bonds shall be placed in a special
fund by the Treasurer of the Town and shall be paid out
by him only upon the written order of the Town Commis-
sioners of the Town, solely for the purposes set forth in this
Section.

SEC. 6. And be it further enacted, That the Town Com-
missioners of La Plata, for the purpose of redeeming said
bonds at their maturity, and for the purpose of securing
the prompt payment of the interest thereon, be and they are
hereby authorized and directed to levy each year, so long
as said bonds are outstanding and not paid, such tax on all
property subject to assessment for taxation within the
corporate limits of the Town as shall be necessary to pay the
interest on all such bonds that may be issued and outstand-
ing under this Act, as the same shall become due and
payable, and to pay and retire all of said bonds as they
shall mature. In case such bonds shall be issued in any
year after the making of the regular levy for that year,
then the Town Commissioners of the Town are authorized
and directed to pay any and all interest coming due before
the next levy either out of the proceeds of the sale of said
bonds or out of any other funds in their disposal, as they
may determine, and to levy at the next suceeding levy, to
reimburse such other funds or such bond proceeds. The
aforesaid taxes shall be levied without regard to any present
or future limitation or limitations on the taxing powers of
the Town, either as to rate or amount, and shall have the
same priority and lien and shall be levied and collected in the
same manner as other town taxes and the payment thereof
shall be enforced in the same manner as payment of other
town taxes are enforced.

SEC. 7. And be it further enacted, That the Town is
hereby authorized to accept from the United States of
America or any agency thereof, the State of Maryland or
any agency thereof, or the County Commissioners of
Charles County grants for or in aid of said sewerage sys-