ALBERT C. RITCHIE, GOVERNOR. 259
if any insufficient price be bid for them, they may be subse-
quently disposed of under the direction of the Governor, Comp-
troller of the Treasury, and Treasurer, or a majority of them,,
at a private sale upon the best terms; they can obtain for the
same; provided they shall not be sold at private sale for less
than par and accrued interest.
SEC. 5. And be it further enacted, That the sum of ten
thousand dollars ($10, 000), or so much thereof as may be
necessary, shall be paid by the Treasurer of this State, upon
the warrant of the Comptroller, out of the proceeds of the
sale of bonds or certificates of indebtedness for the payment
of the expenses of engraving, printing and other outlays con-
nected with the issue of the loan hereby authorized, and for
the payment of the advertising directed by this Act, and all
other incidental expenses connected with the execution of its
provisions in connection with said loan.
SEC. 6. And be it further enacted, That the actual cash pro-
ceeds of the sale of the certificates of indebtedness to be issued
under this Act shall be used exclusively for the following pur-
poses, to wit:
The Comptroller shall, immediately upon the sale of and
payment for said bonds or certificates of indebtedness, first
return to and credit the Treasury with whatever advances or
payments may have been made as provided for by Section 5
of this Act. The remainder of the proceeds of said loan shall
be credited on the books of the State Treasury Department to
the credit of the State Roads Commission and shall be dis-
bursed by the State Treasurer, upon warrant of the Comp-
troller, from time to time as and when the same shall become
necessary, for the following purposes: One-fifth of the re-
mainder shall be used and expended in the City of Baltimore
for grading, paving and curbing of such streets and highways
or portions thereof, as may be selected by the State Roads
Commission. After the foregoing expenditures have been pro-
vided for, the Commission shall use and expend the entire
residue of the net proceeds received from the issues of 1929
and 1930 of said bonds or certificates of indebtedness, with
the aid of Federal Funds appropriated for such purpose by
any Act or Acts of Congress, for the construction, in the sev-
eral counties of the State, of such rural post roads as may be
selected by said Commission. The money expended for such
post roads in each of the said counties to be determined ac-
cording to the respective road mileage of said counties.
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