668 LAWS OF MARYLAND. [CH. 382

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 deter-
mine.

SEC. 4. And be it further enacted, That in order to pro-
vide for the selling of the certificates of indebtedness afore-
said, to be issued under the provisions of this Act, the Gov-
ernor, Comptroller 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 cer-
tificates 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 with-
in 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 cer-
tificates 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 Governor,
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 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 proposals, as many of said
bonds or certificates of indebtedness as have been so bid for
shall be awarded by the Governor, Comptroller of the Treas-
ury and Treasurer, or a majority of them, to the highest re-
sponsible bidder or bidders therefor for cash, if the prices
bid are adequate, in the judgment of the Governor, Comp-
troller of the Treasury and the Treasurer, or a majority of
them, and when two or more bidders have made the same bid.