WM. PRESTON LANE, JR., GOVERNOR. 1581

therefor for cash, if the prices bid are adequate in the
judgment of said County Commissioners; and when two
or more bidders have made the same bid and such bid is
the highest and the bonds or certificates of indebtedness
so bid for by the highest responsible bidders are in excess
of the whole amount of the bonds or certificates of indebt-
edness offered for sale, such bonds or certificates of indebt-
edness shall be awarded to such responsible bidders bid-
ding the same price in a ratable proportion; and if any of
said bonds or certificates of indebtedness so offered for
sale are not bid for or if any insufficient price be bid for
them they may subsequently be dispossed of under the
direction of said County Commissioners at a private sale
upon the best terms they can obtain for the same; pro-
vided said bonds or certificates of indebtedness shall not
be sold at private sale for less than par and accrued inter-
est ; and provided further, that said County Commissioners
in their discretion shall have the right to reject any and
all bids.

SEC. 4. And be it further enacted, That the actual cash
proceeds from the sale of said bonds or certificates of
indebtedness or from the sale of any part, issue or series
thereof shall be used exclusively for the following purposes,
to wit:

(a) For the payment of the costs of the engraving
or printing of said bonds or certificates of indebtedness
and for the payment of the costs of advertising authorized
by this Act and all other incidental expenses connected
with the issuance of said bonds or certificates of indebt-
edness.

(b) For the payment of the balance owing on the
contracts for the construction, reconditioning and equip-
ment of additions to the Washington Street Junior High
School in Hagerstown, Maryland, and to repay the County
Commissioners for sums heretofore advanced by them
for this purpose.

(c) For the construction and equipment of the North
Street High and Elementary School for Colored People in
Hagerstown, Maryland.

(d) For the construction, alteration, reconditioning,
furnishing and equipping of school buildings in the City
of Hagerstown and in Washington County and for any
additions thereto and for the purchase of lands deemed
necessary in connection therewith; and for no other pur-
pose whatsoever.