ALBERT C. RITCHIE, GOVERNOR. 581

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 suffi-
cient form to aggregate the amount of two million, five
hundred and twenty-three thousand dollars ($2, 523, 000)
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), but may be issued
in sums of one hundred dollars ($100) 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,
payable semi-annually; and any portion or all of said cer-
tificates 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, Comptroller of the Treasury and 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 Treas-
urer 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 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 advertisements
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 certifi-
cates 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 Gov-
ernor, Comptroller of the Treasury and Treasurer, or a
majority of them; and upon the day mentioned in said
advertisement as the day for opening the bids for the pro-
posals thereby called for, they shall receive such sealed