222 LAWS OF MARYLAND. [CH. 136

chaser or purchasers thereof under such regulations as may be
made in the discretion of said County Commissioners, and at
the time for opening the bids for the proposals thereby called
for, the said County Commissioners 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 proposals, as many of said bonds as
have been so bid for shall be awarded by said County Com-
missioners, to the highest responsible bidder or bidders
therefor, for cash, if the prices bid are adequate in the judg-
ment of the said County Commissioners, and when two or
more bidders have made the same bid, and such bid is the
highest and the bonds so bid for by the highest responsible
bidders are in excess of the whole amount of the bonds offered
for sale, such bonds shall be awarded to such 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
an insufficient price be bid for them, they may subsequently
be disposed of under the direction of said County Commis-
sioners, at a private sale, upon the best terms they can obtain
for the same; and provided further that said County Com-
missioners, in their discretion, shall have the right to reject
any and all bids.

SEC. 4. And be it further enacted, That the actual pro-
ceeds of the sale of said bonds shall be used exclusively for
the following purposes, to wit: (a) The payment of the cost
of engraving or printing of said bonds, and for the payment of
the cost of advertising authorized by this Act and all other
incidental expenses in connection with the issuance of said
bonds.

(b) The remainder of the proceeds of the sale of said bonds
shall be used by the County Commissioners of Montgomery
County, and shall be used, expended and applied by the said
Board for the following purposes, to wit:

(1) To pay over to the Maryland-National Capital Park
and Planning Commission the remainder of the proceeds of
the sale of said bonds or so much thereof as may be necessary,
to be in turn paid over by the said Maryland-National Capital
Park and Planning Commission to the National Capital Park
and Planning Commission for the purpose of complying with
the provisions of paragraph or sub-section (a) of Section 1 of
Public Act 284 of the 71st Congress of the United States; pro-
viding, however, that the said amount hereby authorized to
be paid over by the Maryland-National Capital Park and
Planning Commission to the National Capital Park and
Planning Commission shall be expended for acquisition of that