EMERSON C. HARRINGTON, GOVERNOR. 683

majority of them, at private sale upon the best terms they can
obtain for the same; provided they shall not be sold at private
sale for less than par and accrued interest.

SEC. 5. And be it further enacted, That the sum of ten thou-
sand dollars ($10,000.00), or so much thereof as may be neces-
sary, shall be paid by the Treasurer of the State, upon the war-
rant of the Comptroller, out of any moneys available therefor
and not otherwise appropriated, for the payment of the ex-
penses of engraving, printing, advertising and other outlays
connected with the issue of {he loan hereby authorized, and,
for .all other preliminary expenses connected with the execu-
tion of the provisions of this Act relating to said loan. In the
event thait it may become necessary to expend any moneys upon
any t of the purposes for which, as hereinafter provided, the
proceeds of this loan may be used, before the funds necessary
to meet the same from the proceeds of this loan are in hand,
then the Treasurer of the State is hereby authorized, from time
to time, to advance and pay, fior such purpose or purposes,
out of any moneys in the Treasury available therefor and not
otherwise appropriated, on the order or orders of the Execu-
tive Committee of the Maryland Council of Defense, by and
with, the sanction and approval of the Governor, a sum not
exceeding three hundred thousand dollars ($300,000), or any
part of such sum.

SEC. 6. And be it further enacted, That the actual cash pro-
ceeds of the sale of any and all certificates of indebtedness au-
thorized to be issued under this Act, shall be paid to the Treas-
urer of the State, upon the warrant of the Comptroller. There
shall first be repaid to the Treasury of the State, wit of said
proceeds, whatever advances may have been made therefrom for
the purposes or any of the purposes mentioned in Section 5
hereof. The balance of said proceeds shall be used exclusively,
as far as the same are required, and in the manner and subject
to the discretion hereinafter more particularly described, for
any or all of the following purposes, (butt only in the event
that other funds therefor are not available), it being hereby
declared that said purposes are necessary for the defense of
the State; that is to say:

a. For the purpose of meeting such expenses and dis-
bursements of the Maryland Council of Defense as may be law-
fully authorized and incurred, and as the "War Loan of 1917"
may be insufficient to provide for.