THEODORE R. MCKELDIN, GOVERNOR 461

and (9) providing a contingency fund of Fifty Thousand
Dollars ($50, 000. 00) to be used by the County Commis-
sioners of Wicomico County and the Board of Education
of Wicomico County, in their joint discretion, to pay possi-
ble additional cost of construction or equipment on any
or all of the first eight projects named herein, the County
Commissioners of Wicomico County, Maryland, be and
they are hereby authorized and empowered to issue at
one time or from time to time, upon the full faith and
credit of said County, coupon bonds in an amount or
amounts not exceeding in the aggregate One Million Six
Hundred Thousand Dollars ($1, 600, 000. 00), and to issue
bonds therefor from time to time in such amounts as said
County Commissioners of Wicomico County and the Board
of Education of Wicomico County jointly decide to carry
out the said purposes.

SEC. 2. And be it further enacted, That the said bonds
shall be issued in the denomination of One Thousand Dol-
lars ($1, 000. 00), with coupons attached thereto for the
payment of interest thereon, semi-annually, until maturity;
said bonds shall be signed by the President of the County
Commissioners of Wicomico County and countersigned by
the County Treasurer of Wicomico County, with the seal
of said County affixed thereto; and the coupons shall be
signed by the facsimile signature of the County Treasurer
of Wicomico County printed, engraved or lithographed
thereon. Said County Commissioners shall by resolution
determine the rate or rates of interest to be paid on the
bonds, not exceeding four per centum (4%) per annum,
or the manner of determining the same, which rates may
vary on the bonds of different maturities, and the ma-
turity or maturities of the bonds, which shall be at a time
or times not exceeding twenty-five (25) years from the
date of the bonds, and shall likewise determine the form of
the bonds, the medium of payment, and the place at which
the principal and interest shall be payable. In case any
of the officers whose signatures appear on the bonds and
coupons shall cease to be such officers before the delivery
of such bonds, such signatures shall nevertheless be valid
and sufficient for all purposes, as if they had remained
in office until such delivery. The bonds may be made
registerable as to principal only under such terms and
conditions as may be determined by said County Commis-
sioners.

SEC. 3. And be it further enacted, That the County Com-
missioners of Wicomico County shall advertise the said
bonds in at least one newspaper published in Wicomico