726 LAWS OF MARYLAND. [CH. 368

"W".................... 75, 000 June 15, 1950

"X".................... 77, 000 June 15, 1951

"Y".................... 80, 000 June 15, 1952

"Z".................... 82, 000 June 15, 1953

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 One Million Dol-
lars ($1, 000, 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 Certificates 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, pay-
able 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 in-
terest coupons attached all as the Governor, the Comptroller
of the Treasury and the Treasurer, 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, Comp-
troller 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 news-
papers 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, Comptroller 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 and pay-
ment 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 Treasury and Treasurer, or a majority of them; and
upon the day mentioned in said advertisement as the day for