1580 LAWS OF MARYLAND. [CH. 632

unpaid. That said bonds or certificates of indebtedness
shall be issued on the faith and credit of said Washington
County and shall be signed by the President of the Board
of County Commissioners of said County with the corpo-
rate seal of said Board of County Commissioners attached
and attested by the Clerk thereof, provided that coupons
for the interest thereon may be authenticated by the
engraved, lithographed, or printed signature of said Board
of County Commissioners of Washington County affixed
thereto, which said bonds or certificates of indebtedness
so to be issued shall be exempted from all State, County,
and Municipal taxes. The said bonds or certificates of
indebtedness shall have written or printed on them a
distinct reference to the Act authorizing the issue and
shall be designated as Washington County School Bonds
of 1947.

SEC. 3. And be it further enacted, That in order to
provide for the sale of said bonds or certificates of indebt-
edness to be issued under the provisions of this Act the
said County Commissioners of Washington County are
hereby directed to advertise once a week for four succes-
sive weeks before said bonds or certificates of indebted-
ness or any part thereof shall be issued in two daily news-
papers published in the City of Hagerstown and in such
other newspapers as may be determined by the said
County Commissioners, that the said County Commis-
sioners will be in readiness at a certain time within fifteen
days after the expiration of said notice, to receive bids
at such place as may be named in said advertisements for
bonds or certificates of indebtedness issued under the pro-
visions of this Act, under such regulations as may be made
in the discretion of said County Commissioners, and the
accrued interest between the date of the bonds or certifi-
cates of indebtedness and the time of sale and delivery
of and payment for said bonds or certificates of indebted-
ness, shall be adjusted with the purchaser or purchasers
thereof, under such regulations as may be made in the
discretion of said County Commissioners, and at the time
mentioned in said advertisements as the time for opening
the bids for the proposals thereby called for, the said
County Commissioners shall receive such sealed proposals,
for the purchase of as many of such bonds or certificates
of indebtedness as may be mentioned or designated in
said advertisements; and on the opening of such sealed
proposals, as many of said bonds or certificates of indebted-
ness as have been so bid for shall be awarded by the said
County Commissioners to the highest responsible bidder