ALBERT C. RITCHIE, GOVERNOR. 891

newspaper published in the City of Baltimore, Maryland, and
at least once a week for three successive weeks in one news-
paper published in Anne Arundel County, Maryland, and by
such other advertisement as they shall think proper, that they
will be in readiness at a time and place to be named in said
advertisement, within fifteen days after the third publication
thereof in said newspapers, to receive sealed bids for the bonds
described in said advertisement, under such regulations as the
said County Commissioners of Anne Arundel County by their
order may prescribe. Upon the day mentioned in said ad-
vertisement for opening the bids for said bonds as described
therein, the County Commissioners of Anne Arundel County
shall receive bids for the purchase of said bonds and on open-
ing said bids in public the bonds so bid for shall be awarded
by the County Commissioners of Anne Arundel County to the
highest responsible bidder or bidders thereof for cash, if the
prices bid are adequate in the judgment of the County Com-
missioners of Anne Arundel County, and when two or more
bidders have made the same bid, and such bid is the high-
est and for the whole amount of the bonds so offered for sale,
or taken together in excess of said whole amount, such bonds
shall be awarded to such highest responsible bidders bidding the
same price in a ratable proportion; and if any of said bonds
so offered for sale are not bid for, or if any insufficient price
be bid for them, they may be subsequently disposed of under
the direction of the County Commissioners of Anne Arundel
County at a private sale upon the best terms that can be ob-
tained for the same; provided, however, that said bonds shall
not be sold at either public or private sale for less than par
and that all interest accrued between the date of said. bonds
and the time of the delivery of and payment for the same shall
be adjusted with the purchasers thereof to the date of such
payment. All payments of the purchase price of said bonds
shall be made to the County Treasurer of Anne Arundel
County.

SEC. 5. And be it further enacted, That after receiving
the purchase price of said bonds and paying therefrom all ex-
penses of every character incident to the issue, preparation and
delivery thereof, the residue of said proceeds, saving any ac-
crued interest thereon, which shall be set apart by said Treas-
urer for the payment of the next maturing interest on said
bonds, shall de deposited by the said County Commissioners of