ALBERT C. RITCHIE, GOVERNOR. 825

of Public Works, or a majority of them, are hereby authorized
and directed to have prepared proper certificates of indebted-
ness of the State in good and sufficient form to aggregate the
amount of nine hundred thousand dollars ($900, 000) 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. 00), but may be issued in sums of one hundred dollars
($100. 00) 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, on any portion thereof, shall not have interest
coupons attached, all as the Governor, Comptroller of the Treas-
ury, 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 provisions
of this Act, under such regulations as may be made in the dis-
cretion of the Governor, Comptroller of the Treasury, and
Treasurer, or a majority of them; and the accrued interest be-
tween the date of the bonds or certificates of indebtedness and
the time of sale and1 delivery of any 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 indebt-
edness as may be mentioned or designated in said advertise-
ment: and on the opening of such sealed proposals, as many of