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Session Laws, 1924
Volume 568, Page 936   View pdf image (33K)
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936 LAWS OF MARYLAND. [CH. 355

Q............................. 8, 000 July 1, 1943

R............................. 8, 000 July 1, 1944

S............................. 9, 000 July 1, 1945

T............................. 9, 000 July 1, 1946

U............................. 10, 000 July 1, 1947

V............................. 10, 000 July 1, 1948

W............................. 11, 000 July 1, 1949

X............................. 11, 000 July 1, 1950

Y............................. 12, 000 July 1, 1951

Z............................. 13, 000 July 1, 1952

AA............................ 14, 000 July 1, 1953

BB............................ 15, 000 July 1, 1954

SEC. 3. And be it further enacted, That in order to provide
for the selling of said bonds to be issued under the provisions of
this Act, the said County Commissioners of Howard County, or
a majority of them, are hereby directed to advertise once a week
for four successive weeks before said bonds, or any part thereof,
shall be issued, in two daily newspapers published in the City of
Baltimore, and in such other newspapers as may be determined
by the said County Commissioners, that the said County Com-
missioners will be in readiness at a certain time within fifteen
days after the expiration of said notice, to receive bids at such
place as may be named in said advertisements, for the bonds is-
sued under the provisions of this Act, under such regulations as
may be made in the discretion of said County Commissioners, or
a majority of them, and the accrued interest between the date
of the bonds and the time of sale and delivery of, and payment
for, said bonds, shall be adjusted with the purchaser or pur-
chasers thereof, under such regulations as may be made in the
discretion of said County Commissioners, or a majority of them;
and at the time mentioned in said advertisements as the time for
opening the bids for the proposals thereby called for, the said
County Commissioners shall receive such sealed proposals for the
purchase of as many of such bonds as may be mentioned or des-
ignated in said advertisements; and on the opening of such
sealed proposals, as many of said bonds as have been so bid for,
shall he awarded by said County Commissioners, or a majority
of them, to the highest responsible bidder or bidders therefor,
for cash, if the prices bid are adequate in the judgment of said
County Commissioners, or a majority of them; and when two or
more bidders have made the same bid, and such bid is the high-
est, and the bonds so bid for by the highest responsible bidders

 

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Session Laws, 1924
Volume 568, Page 936   View pdf image (33K)
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