1012 LAWS OF MARYLAND. [CH. 487

Series Amount Redeemable

"BX" ............ 54, 000. 00 February 15, 1952

"BY" ............ 56, 000. 00 February 15, 1953

"BZ" ............ 57, 000. 00 February 15, 1954

SEC. 3. And, be it further enacted, That the Governor, the
Comptroller of the Treasury and the Treasurer of Maryland,
constituting the Board of Public Works, or a majority of them,
are hereby authorized and directed to have prepared proper
Certificates of Indebtedness of the State in good and sufficient
form to aggregate the amount of Nine Million, Fifty-
two Thousand Dollars ($9, 052, 000. 00) as evidence of such
loan; 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 suitable multiple thereof. Each of said Cer-
tificates shall be signed by the Treasurer of the State and
countersigned by the Comptroller 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 Certificates, 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, the Comptroller of the Treasury and the 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 Treasurer of this 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 Treas-
urer 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, Comptroller of the
Treasury and Treasurer, or a majority of them; and the ac-
crued interest between the date of the bonds or Certificates of
Indebtedness and the time of sale and delivery of and payment
for said bonds or Certificates of Indebtedness shall be adjusted
with the purchaser thereof under such regulations as may be
made in the discretion of the Governor, Comptroller of the