ALBERT C. RITCHIE, GOVERNOR. 453
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Series "Y"
Series "Z"
Series "AA"
Series "BB"
Series "CC"
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$10, 000
$10, 000
$10, 000
$10, 000
$10, 000
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Twenty-six years after date of
issue.
Twenty-seven years after date of
issue.
Twenty-eight years after date of
issue.
Twenty-nine years after date of
issue.
Thirty years after date of issue.
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In case the total amount of said bonds are not issued at one
time, then, and in that event the amount of bonds issued at
any one time shall be redeemable as above set out, except that
the amounts payable each year shall bear the proportion to
those in the aforegoing table that the total amount issued at
such time bears to the total amount authorized herein of
Two Hundred and Seven Thousand Dollars ($207, 000. 00).
The amounts coming due in any year, however, shall be in
even thousands of dollars and in case a fractional part of a
thousand dollars shall represent the amount coming due under
the aforegoing provisions in any one year, then and in that
event the Board of Education of Prince George's County is
hereby authorized and directed at the time of the issuance of
said bonds to increase or decrease each serial amount in order
to provide for the payment of such issue in annual instalments
of one thousand dollars or multiples thereof as nearly propor-
tioned to the aforegoing table as practicable.
SEC. 3. And be it further enacted, That the Board of Edu-
cation of Prince George's County shall advertise for sealed
bids for said bonds by inserting a notice in at least two daily
newspapers published in the City of Baltimore, to be selected
by it, at least once a week for two (2) successive weeks before
the opening of said bids, and the said bonds shall be sold to
the highest responsible bidder, for cash, and the terms of
bidding and the amount of deposit required to be made shall
be in the discretion of the Board of Education, who shall have
the right to reject any and all bids.
SEC. 4. And be it further enacted, That the Board of Edu-
cation of Prince George's County shall use the money received
from the sale of bonds issued hereunder immediately upon its
receipt for the payment of the necessary expenses of the issue
of the loan and then for the specific purposes for which said
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