ALBERT C. RITCHIE, GOVERNOR. 1271

of indebtedness of the State in good and sufficient form to
aggregate the amount of one hundred and fifty thousand
dollars ($150, 000) as evidence of such loan; such certificates
of indebtedness shall bear date as 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 there-
of. 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 resolu-
tion 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 determine.

SEC. 4. And be it further enacted, That in order to provide
for the selling1 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 days
after the expiration of said notice to receive bids at such
place or places as may be named in said respective adver-
tisements 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 certificates
of indebtedness and the time of sale and delivery of and pay-
ment 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 indeb-
tedness as have been so bid for shall be awarded by the Gover-
nor, Comptroller of the Treasury, and Treasurer, or a major-