ALBERT C. RITCHIE, GOVERNOR. 1229
of the Treasury, and shall bear interest at the rate fixed by
resolution of said Board of Public Works, payable semi-an-
nually ; and a portion or all of said certificates may be register-
ed, and the said certificates, or any portion thereof, shall have
interest coupons attached, all as the Governor, Comptroller of
the Treasury and Treasurer or a majority of them, shall deter-
mine.
SEC. 6 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 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
indebtedness, or any part thereof, shall be issued, in two news-
papers published in the City of Baltimore, that the Treasurer
of this State will be in readiness at a time within fifteen (15)
days after the expiration of said notice to receive bids at
such place or places may be named in said respective adver-
tisements for bonds or certificates of indebtedness issued under
the provisions of this Abt, 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 ac-
crued interest between the date of the bonds or certificates 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 or 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 indebt-
edness as have been so bid for shall be awarded by the majority
of them to the highest responsible bidder or bidders therefor
for cash, if the prices bid are adequate, in the judgement of
the 'Governor. Comptroller of the Treasury and Treasurer, or
a majority of them, and when two or more bidders have made
the same bid and such bid is the highest and the certificates so
bid for by the highest responsible bidders are in excess of the
whole amount of the certificates so offered for sale, such bonds or
certificates of indebtedness shall be awarded to such highest re-
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