ALBERT C. RITCHIE, GOVERNOR. 059

I.............................. 9, 000 July 1, 1938

J.............................. 10, 000 July 1, 1939

K.............................. 10, 000 July 1, 1940

L.............................. 11, 000 July 1, 1941

M.............................. 12, 000 July 1, 1942

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 aggre-
gate the amount of one hundred thousand dollars ($100, 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 hun-
dred dollars ($100), but may be issued in sums of one hundred
dollars ($100) 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 certifi-
cates may be registered, or not registered, and the said certifi-
cates, or any portion thereof, shall have interest coupons at-
tached, 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 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 in-
debtedness, 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 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