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Session Laws, 1929
Volume 572, Page 267   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 267

Series Amount Redeemable

"JJ".......... 212, 000 August 15, 1942

"KK".......... 221, 000 August 15, 1943

"LL".......... 231, 000 August 15, 1944

"MM".......... 241, 000 August 15, 1945

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 three million seven hundred and sixty-one

thousand dollars ($3, 761, 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 is-

sued in less sums than one hundred dollars ($100. 00), but may

be issued in sums of one hundred dollars ($100. 00) or any

suitable 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, Comp-

troller 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 selling of the certificates of indebtedness aforesaid, to

be issued under the provisions of this Act, the Governor, Comp-

troller 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 indebt-

edness, or any part thereof, shall be issued, in two newspapers

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

between the date of the bonds or certificates of indebtedness



 
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Session Laws, 1929
Volume 572, Page 267   View pdf image (33K)
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