1560 LAWS OF MARYLAND. [CH. 624

certificates of indebtedness of the State in good and suffi-
cient form to aggregate the amount of Five Hundred Sixty
Thousand Dollars ($560,000) as evidence of such loan;
and it shall be in the discretion of the Board of Public
Works as to whether any or all of the bonds authorized by
this Act shall be issued; such certificates of indebtedness
shall bear date as of the time of their issue, as provided in
Section 1 of this Act, and shall not be issued in less sums
than One Hundred Dollars ($100.00), but may be issued in
sums of One Hundred Dollars ($100.00) or any multiple
thereof. Each of said certificates shall be signed by the
Treasurer of the State and countersigned by the Comptrol-
ler of the Treasury, and shall bear interest at the rate fixed
by resolution of the said Board of Public Works, payable
semi-annually; and any portion or all of said certificates
may be registered, or not registered, and the said certifi-
cates or any portion thereof, shall have interest coupons
attached, or said certificates, or any portion thereof, shall
not have interest coupons attached, all as the Governor,
Comptroller of the Treasury, and Treasurer, or a majority
of them, shall determine.

SEC. 4. And be it further enacted, That in order to
provide for the selling of the certificates of indebtedness
aforesaid, to be issued under the provisions of this Act,
the Governor, Comptroller of the Treasury and the Treas-
urer of the State, or a majority of them, are hereby
directed to advertise twice a week for four successive
weeks before the said certificates of indebtedness, or any
part thereof, shall be issued, in two newspapers published
in the City of Baltimore, that the Treasurer of this State
will be in readiness at a time within fifteen days after
the expiration of said notice to receive bids at such place
or places as may be named in said respective advertise
ments for bonds or certificates of indebtedness issued
under the provisions of this Act, under such regulations
as may be made in the discretion of the Governor, Comp
troller of the Treasury, and Treasurer, or a majority of
them; and the accrued interest between the date of the
bonds or certificates of indebtedness and the time of sale
and delivery of any payment for said bonds or certificates
of indebtedness shall be adjusted with the purchaser there-
of under such regulations as may be made in the discre-
tion of the Governor, Comptroller of the Treasury, and the
Treasurer, or a majority of them, and upon the day men
tioned in said advertisement as the day for opening the
bids for the proposals thereby called for they shall receive
such sealed proposals for the purchase of as many of such