476                               LAWS OF MARYLAND                        [CH. 305

of schools for the erection of which the proceeds of said bonds are to
be used; and no part of the money arising from the sale of said bonds
shall be used except for the purposes designated and provided for in
this Act, except that any accrued interest and premium shall be set
aside in a separate interest fund and be devoted to the payment of
the first maturing coupons, and provided further, that the cost of
engraving or printing of said bonds and the cost of advertising
authorized by this Act, and any other expenses incidental to the
issuance and sale of said bonds, may be paid out of said funds; and
provided further, that should there remain any balance of the pro-
ceeds of the sale of the bonds hereby authorized to be sold, after the
full and complete accomplishment of the purposes herein set forth,
such balance may be used, in the joint discretion of the County Com-
missioners of Wicomico County and the Board of Education of
Wicomico County, for the construction of additions to, the equip-
ment of, and improvements to schools at other locations in Wicomico
County, first to those built under the authority of Chapter 254 of the
Acts of 1953, and then to any other schools, or if not required for
such purposes, such balance, in the joint discretion of said Boards,
may be held as a reserve fund to be applied toward the payment of
the principal of maturing bonds issued under the provisions of said
Chapter 254 of the Acts of 1953 or of this Act.

SEC. 5. And be it further enacted, That the proceeds arising from
the sale of said bonds shall be paid over to the Treasurer of Wicomico
County, and credited by him to the County Commissioners of Wicom-
ico County and the Board of Education of Wicomico County, to be
used in the joint discretion of the members of said County Commis-
sioners and Board of Education and under their joint supervision and
direction, and subject to their joint order, for building or aiding in
building, making additions and improvements to and equipping the
aforesaid school buildings. Said County Commissioners and Board
of Education shall have full joint authority to contract for, supervise,
direct and control such work in such manner as in their discretion
they may deem to the best public interest, and full power is given to
them to employ and pay out of the said funds all builders, or other
persons, supervisors or agents, as to them may seem advisable and
necessary, and to pay out of the said funds all architects employed
by the said Board of Education; and they shall divide and allot said
funds to said buildings and equipment, but not exceeding the amounts
allotted or specified for each except as to the use of said contingency
fund of Twenty-five Thousand Dollars ($25,000.00), which may be
allotted to any or all of said projects as said Boards shall jointly
determine. Each such project is to be or have substantially the type
of improvement herein designated. Nothing herein shall be construed
as preventing said joint Boards from contracting to have any of said
improvements made or done at less than the sum herein appropriated
therefor. The bids for the improvements to the Wicomico Junior
High School and the improvements to the Wicomico Senior High
School shall be received simultaneously.

SEC. 6. And be it further enacted. That for the purpose of pay-
ing the principal and interest on said bonds as they respectively
become payable and mature, the County Commissioners of Wicomico
County shall levy, for the first year following the date of the issue
of said bonds, and annually thereafter until all said bonds shall
mature and be paid, an ad valorem tax upon all the property in