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Session Laws, 1929
Volume 572, Page 1215   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 1215

once a week for three successive weeks in some newspaper
printed and published in Talbot County, and once a week for
three successive weeks in some newspaper printed and published
in Baltimore City, and if the said Board of County Commis-
sioners deem it expedient, then to advertise said bonds in such
other newspaper or newspapers, or publications as they may
select; and the said County Commissioners, shall be in readi-
ness at any time within fifteen days after the expiration of
said notice to receive bids at such place or places as may be
named in said advertisement or advertisements of said bonds,
under such regulations as may be made in the discretion of
said County Commissioners, and the accrued interest between
the date of the bonds or certificates of indebtedness and the
time of the sale and delivery and payment of said bonds shall
be adjusted with the purchasers thereof under such regula-
tions as may be, in the discretion of the County Commissioners
just and proper, and upon the day mentioned in said adver-
tisement or "advertisements as the day for opening said bids
for the proposals thereby called for they shall receive such
sealed proposals for the purchase of as many of such bonds as
may be mentioned and designated in said advertisement, and
on the opening of such sealed proposals as many of said bonds
as have been so bid for shall be awarded by the County Com-
missioners to the highest responsible bidder or bidders thereof
for cash, if the price, in the judgment of said Commissioners,
be adequate, and when two or more bidders have made the
same bid and said bid is the highest and the bonds so bid by
the highest responsible bidders are in excess of the whole
amount of the bonds so offered for sale, such bonds shall be
awarded to the highest responsible bidders bidding the same
price in a ratable proportion, and if any of such certificates so
offered for sale are not bid for or if an insufficient price be
bid for them, in the discretion of said Commissioners they
may be subsequently disposed of by the said County Commis-
sioners for Talbot County at private sale, upon the best terms
that can be obtained for the same,

SEC. 8. And be it further enacted, That the said Board
of Education for Talbot County shall have authority to pur-
chase red property for the purpose of a site or sites upon
which to erect or build any one or more of the said school build-
ings, and to pay far the same, or any balance due or payable
therefor, out of the moneys arising from the sale of the said


 

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Session Laws, 1929
Volume 572, Page 1215   View pdf image (33K)
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