HARRY W. NICE, GOVERNOR. 197

Hundred Dollars ($100), 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 reso-
lution 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, constituting the Board of
Public Works, or a majority of them, shall determine.

SEC. 4. And be it further enacted, That in order to pro-
vide for the selling of the certificates of indebtedness afore-
said, to be issued under the provisions of this Act, the
Governor, Comptroller of the Treasury, and the Treasurer
of this State, constituting the Board of Public Works, 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
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 respec-
tive advertisements for bonds or certificates of indebted-
ness issued under the provisions of this Act, under such
regulations as may be made in the discretion of the Gov-
ernor, 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 and the
time of sale and delivery of and payment for said bonds or
certificates of indebtedness shall be adjusted with the pur-
chaser thereof under such regulations as may be made in
the discretion of the Governor, Comptroller of the Treas-
ury, and Treasurer, or a majority of them; and upon the
day mentioned in said advertisement as the day for open-
ing the bids for the proposals thereby called for, they shall
receive such sealed proposals for the purchase of as many
of such bonds or certificates of indebtedness as may be
mentioned or designated in said advertisement; and on the
opening of such sealed proposals, as many of said bonds or
certificates of indebtedness as have been so bid for shall be
awarded by the Governor, Comptroller of the Treasury,
and Treasurer, constituting the Board of Public Works, or
a majority of them; to the highest responsible bidder or