ALBERT C. RITCHIE, GOVERNOR. 1453

until the said amount of one hundred and twenty-five thou-
sand dollars ($125,000) shall have been issued, so that the
entire principal sum shall be redeemable as follows:

Series	Amount	Redeemable
A	$7,000	July 1, 1932
B	7,000	July 1, 1933
C	7,000	July 1, 3934
D	8,000	July 1, 1935
E	8,000	July 1, 1936
F	8,000	July 1, 1937
G	9,000	July 1, 1938
H	10,000	July 1, 1939
I	11,000	July 1, 1940
J	12,000	July 1, 1941
K	12,000	July 1, 1942
L	13,000	July 1, 1943
M	13,000	July 1, 1944

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
aggregate the amount of one hundred and twenty-five thous-
and dollars ($125,000) as evidence of such loan; such certifi-
cates 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), 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 Comp-
troller of the Treasury, and shall bear interest at the rate
fixed by resolution of the said Board of Public Works, pay-
able 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 inter-
est 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 afore-