1970 LAWS OF MARYLAND. [CH. 807

respective date or dates of issue as may be determined in said
ordinances above referred to, and said bonds, or any of them,
may be made redeemable before maturity, at the option of the
Town, at such price or prices and under such terms and con-
ditions as may be fixed by the Town in the ordinance or ordi-
nances adopted prior to the delivery of the bonds. The prin-
cipal and interest of such bonds may be made payable in any
lawful medium, and the Town may fix the place or places of
such payment, which may be at any bank or trust company
within or without the State. In case any officer whose signa-
ture shall appear on any such bonds or the coupons attached
thereto shall cease to be such officer before delivery of such
bonds, such signature shall, nevertheless, be valid and sufficient
for all purposes in the same manner as if he had remained in
office until delivery. Provision may be made by the Town
for the registration of any such bonds in the name of the
owner or owners thereof as to principal alone and, also, as to
both principal and interest, and for the reconversion of said
bonds so registered as to principal and interest into coupon
bonds. Such bonds may be issued without regard to any
limitation on the incurring of indebtedness by the Town pre-
scribed by any other law, and none of the provisions of Section
924 of Article 16 of the Code of Public Local Laws of Mary-
land (1930 Edition), as amended, shall be applicable to the
authority hereby conferred. It shall not be necessary for the
Town to submit to a referendum of the qualified voters of the
Town its decision to borrow money and to issue bonds pur-
suant to the authority hereof for the improvements described
in Section 1 hereof, but said decision shall be final. In ne-
gotiating any such loan, however, the Town shall offer such
bonds for sale at public sale pursuant to the authority of and
in the manner prescribed by Section 35 of Article 31 of the
Code of Public General Laws of Maryland (1939 Edition), but
the provisions of Section 36 of said Article 31 shall be inappli-
cable to the bonds hereby authorized. The published notice
of sale of said bonds need not, however, contain all the infor-
mation required by said Section 35 of Article 31, but may be
a simple summary thereof, provided that it shall state where
a complete statement of the terms and conditions of said bonds
and of the public sale thereof may be obtained and, in ad-
dition, said summary notice of sale may be published in any
journal having a circulation among investors in municipal
securities in addition to, or in lieu of, publication of said
summary notice in a newspaper of general circulation in the
Town. Said bonds may be sold for such price or prices, either
at, above or below the par value thereof, as the Town may
from time to time determine to be for its best interest, but
no such sale shall be made at a price so low as to require the