ALBERT C. RITCHIE, GOVERNOR.                1161

the engraved, lithographed or printed signature of the Presi-
dent of the said Board of County Commissioners, and such
bonds shall have the corporate seal of said Board of County
Commissioners of Montgomery County affixed thereto and
shall be exempt from all State, county and municipal taxes.
The said bonds shall have written or printed on them, a
distinct reference to this Act authorizing their issue and shall
he designated as "Montgomery County Suburban District
Road Bonds of          , " with the date of the year of issuance

inserted in said designation. The said County Commissioners
of Montgomery County are authorized and directed to sell
such bonds at such times and in such amounts as may be neces-
sary to the administration of this Act, but none of such bonds
shall be issued for a longer period than 20 years from the
date of issue.

5. That in order to provide for the selling of said bonds to
be issued under the provisions of this Act, the said Board
of County Commissioners of Montgomery County, is hereby
directed to advertise once a week for four successive weeks
before said bonds, or any part thereof, shall be issued, in such
newspapers as may be determined by the said Board, that the
said Board of County Commissioners will be in readiness at a
certain time within fifteen days after the expiration of said
notice, to receive bids at such place as may be named in said
advertisements, for bonds issued under the provisions of this
Act, under such regulations as may be made in the discretion
of said County Commissioners, or a majority of them, and the
accrued interest between the date of the bonds and the time of
sale and delivery of, and payment for, said bonds shall be
adjusted with the purchaser or purchasers thereof under such
regulations as may be made in the discretion of said County
Commissioners, or a majority of them; and at the time men-
tioned in said advertisements as the time for opening the bids
for the proposals thereby called for, the said County Com-
missioners shall receive such sealed proposals for the purchase
of as many of such bonds as may be mentioned or designated
in said advertisements; and on the opening of such sealed pro-
posals, as many of said bonds as have been so bid for shall be
awarded by said Board of County Commissioners to the highest
responsible bidder or bidders therefor, for cash, if the prices
bid are adequate in the judgment of said Board, and when
two or more bidders have made the same bid, and such bid is