EMERSON C. HARRINGTON, GOVERNOR. 717

indebtedness of the State in good and sufficient form to aggre-
gate the amount of three million dollars ($3,000,000.00) 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), but may be issued in sums of one
hundred dollars ($100) or any 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 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,
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, 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 indebt-
edness, 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 provi-
sions 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 inter-
est between the date of the bonds or certificates of indebted-
ness and the time of sale and delivery of and paymemt 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 men-
tioned in said advertisement as the day for opening the bids
for the proposals thereby called for they shall receive such
sealed proposals for the purchase of as many of such bonds or
certificates of indebtedness as may be mentioned or designated
in said advertisement; and on the opening of such sealed pro-