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Session Laws, 1916
Volume 534, Page 232   View pdf image (33K)
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232 LAWS OF MARYLAND. [CH. 142

Series "D, " $135, 000—August 1, 1922.
Series "E, " $141, 000—August 1, 1923.
. Series "F" $147, 000—August 1, 1924.
Series "G, " $152, 000—August 1, 1925.
Series "H, " $158, 000—August 1, 1926.
Series "I, " $165, 000—August 1, 1927.
Series "J, " $171, 000—August 1, 1928.
Series "K, " $178, 000—August 1, 1929.
Series "L, " $185, 000—August 1, 1930.
Series "M, " $193, 000—August 1, 1931.

SEC. 3. And be it further enacted, That the Governor,
Comptroller of the Treasury and Treasurer, 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 ag-
gregate the amount of Two Million ($2, 000, 000) Dollars, 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 ($100) dollars, but may be issued in sums of one
hundred ($100) dollars 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; such portion of said
certificates shall be registered and such portion, shall have in-
terest coupons attached thereto, 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 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 any 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 pro-
visions of this Act, under such regulations as may be made

 

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Session Laws, 1916
Volume 534, Page 232   View pdf image (33K)
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