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Session Laws, 1939
Volume 581, Page 1631   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 1631

$1, 173, 000. 00 of said loan, bearing date of 15th day of
August, 1940, shall be redeemable as follows:

Series Amount Redeemable

"AA" ........................... $ 70, 000. 00 August 15, 1943

"BB" ........................... 72, 000. 00 August 15, 1944

"CC" ........................... 74, 000. 00 August 15, 1945

"DD" ........................... 78, 000. 00 August 15, 1946

"EE" ........................... 82, 000. 00 August 15, 1947

"FF" .......................... 86, 000. 00 August 15, 1948

"GG" ........................... 90, 000. 00 August 15, 1949

"HH" ........................... 94, 000. 00 August 15, 1950

"II" ........................... 98, 000. 00 August 15, 1951

"JJ" ........................... 102, 000. 00 August 15, 1952

"KK" ........................... 106, 000. 00 August 15, 1953

"LL" ........................... 110, 000. 00 August 15, 1954

"MM"........................... 111, 000. 00 August 15, 1955

SEC. 3. And be it further enacted, That the Governor,
the Comptroller of the Treasury and the Treasurer of
Maryland, constituting the Board of Public Works, or a
majority of them, are hereby authorized and directed to
have prepared proper Certificates of Indebtedness of the
State in good and sufficient form to aggregate the amount
of Four Million, One Hundred and Thirty Thousand Dol-
lars ($4, 130, 000. 00), as evidence 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), but may be issued in sums of One Hundred
($100. 00), 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 Treas-
ury and shall bear interest at the rate fixed by Resolution
of the Said Board of Public Works, payable semi-annually;
and any portion or all of said Certificates, or any portion
thereof, shall have interest coupons attached, or said Cer-
tificates or any portion thereof shall not have interest
coupons attached, all as the Governor, the Comptroller of
the Treasury and the 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 Treas-
urer of this State, or a majority of them, are hereby
directed to advertise twice a week for two successive
weeks before the said Certificates of Indebtedness, or any


 

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Session Laws, 1939
Volume 581, Page 1631   View pdf image (33K)
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