LLOYD LOWNDES, ESQUIRE, GOVERNOR.

to the whole amount of said certificates of indebtedness so
offered for sale. If any of the said certificates of indebted-
ness so offered for sale and not bid for, they may be subse-
quently disposed of under the direction of the Governor,
Comptroller of the Treasury and the Treasurer, or a majority
of them, at a private sale, upon the best terms they can obtain
for the same; provided, they shall not be sold for less than
par and accrued interest.

267

SEC. 12. And be it further enacted, That the actual cash
proceeds of such sale of any certificates of indebtedness of this
State, issued under the provisions of this act, shall be paid to
the Treasurer of the State, and such proceeds of the sale of the
said bonds or evidences of indebtedness aforesaid, shall be
used exclusively so far as the same may be required for such
purposes, for the construction, equipment and furnishing of
the buildings necessary for the purposes of the said additional
second Hospital for the Insane of the State of Maryland, .and
shall be paid by the Treasurer, upon the warrant of the Comp-
troller, to the Board of Managers of said Hospital, upon their
written order, from time to time, as the uses and requirements
of the construction, equipment and furnishing of said buildings
may require.

Application
of proceeds

SEC. 13. And be it enacted, That should the requirements
for the construction, equipment and furnishing of the building
necessary for the purposes of the said additional second Hos-
pital for the Insane of the State of Maryland, not demand an
immediate sale of all the bonds provided for under this act, the
said Governor, Comptroller of the Treasury and Treasurer, or
a majority of them, may issue advertisements, from time to
time, in accordance with the provisions of this act, for such
part or parts of the said loan, as may, from time to time, be
required for the demands of the construction and equipment
and the furnishing of the buildings necessary for the purposes
of the said additional insane asylum; said requirements and
demands to be decided upon by the Board of Managers of the
said Insane Asylum, and the notification of such requirements
communicated to the Governor.

Bonds to be
sold only as
needed.

SEC. 14. And be it enacted, That the sum of three hundred
dollars or so much thereof as may be necessary, is hereby
appropriated out of any money in the Treasury, not otherwise
appropriated for the payment of the expenses of engraving,
printing and other expenses connected with the issue of the
loan authorized by this act, and for the payment of advertising
authorized by this act, and of all incidental expenses necessar-
17

Appropria-
tion for
incidental
expenses.