1442 LAWS OF MARYLAND. [CH. 588

ation by the State of Maryland and by the Counties and
municipalities of said State.

SEC. 2. And be it further enacted, That before pro-
ceeding to sell any of said bonds at any time, the County
Commissioners of Dorchester County shall advertise once
a week for not less than two successive weeks in one or
more newspapers published in Dorchester County, and
by such other advertisements as they shall think proper,
that they will receive sealed bids for the bonds described
in said advertisement, under such regulations as the
County Commissioners by their order may pass. The ad-
vertisement shall designate the place where bids will be
received and shall set a time for doing so not later than
fifteen days after the date of the last publication of said
advertisement. All accrued interest between the date of
said bonds and the time of sale and delivery of any pay-
ment for said bonds shall be adjusted with the purchasers
thereof. Upon the day and at the time mentioned in said
advertisement for opening the bids, the County Commis-
sioners of Dorchester County shall receive such sealed
proposals for the purchase of such bonds as may be desig-
nated in the advertisement. And on the opening in public
by the County Commissioners of such sealed proposals, as
many of said bonds as may have been so bid for shall be
awarded by the County Commissioners of Dorchester
County to the highest responsible bidder or bidders there-
for for cash, at not less than par, if the prices are ade-
quate in the judgement of the County Commissioners;
and when two or more bidders have made the same bid
and such bid is the highest and for the whole amount of
the bonds so offered for sale, or taken together in excess of
said whole amount, such bonds shall be awarded to such
highest responsible bidders bidding the same price in a
ratable proportion; and if any of said bonds so offered for
sale are not bid for or if any insufficient price be bid for
them in the judgement of the County Commissioners,
said County Commissioners may reject any or all bids for
said bonds, and may be subsequently disposed of under the
direction of the County Commissioners of Dorchester
County at private sale upon the best terms that can be
obtained for the same; provided they shall not be sold at
private sale for less than par and accrued interest. All
payments of the purchase price of said bonds shall be
made to the County Treasurer.

SEC. 3. And be it further enacted, That out of the
actual cash proceeds from the sale of any of said bonds