ALBERT C. RITCHIE, GOVERNOR. 787

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 au-
thorized and directed to have prepared proper certificates of
indebtedness of the State in good and sufficient form to aggre-
gate the amount of fifty thousand dollars ($50, 000. 00) as evi-
dence 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 issued in less sums than one hundred
dollars ($100. 00), but may be issued in sums of one hundred
dollars ($100. 00) or any multiple thereof. Each of said certifi-
cates shall be signed by the Treasurer of the State and counter-
signed ^!by the Comptroller of the Treasury, and shall bear inter-
est at the rate fixed by resolution of the said Board of Public
Works, payable 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 interest coupons attached, all as the Governor, Comptroller
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,
Comptroller 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 indebtedness, or any part thereof, shall be issued, in two
newspapers published in the City of Baltimore, that the Treas-
urer 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 advertise
ments for bonds or certificates of indebtedness issued under
the provisions of this Act, under such regulations as may be
made in the discretion of the Governor, Comptroller of the
Treasury, and Treasurer, or a majority of them; and the ac-
crued interest between the date of the bonds or certificates of
indebtedness and the time of sale and delivery of any payment
for said bonds or certificates of indebtedness shall be adjusted
with the purchaser thereof under such regulations as may be
made in the discretion of the Governor, Comptroller of the
Treasury, and the Treasurer, or a majority of them; and upon
the day mentioned in said advertisement as the day for open-