WM. PRESTON LANE, JR., GOVERNOR. 9

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 ($100.00), but may be issued in sums of
One Hundred Dollars ($100.00) or any 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 resolu-
tion of the said Board of Public Works, payable semi-annu-
ally; 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, or a majority of them, shall de-
termine.

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 Treasurer
of the State, 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 Balti-
more, 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 respective advertisements for bonds or cer-
tificates of indebtedness issued under the provisions of this
Act, under such regulations as may be made in the discre-
tion of the Governor, 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 any payment for said
bonds or certificates of indebtedness shall be adjusted with
the purchaser thereof under such regulations as may be made
in the discretion of the Governor, Comptroller of the Treas-
ury, and the Treasurer, or a majority of them, and upon the
day mentioned in said advertisement as the day for opening
the bids for the proposals thereby called for they shall re-
ceive such sealed proposals for the purchase of as many of
such bonds or certificates of indebtedness as may be men-
tioned or designated in such 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, or a majority of them, to the highest responsible
bidder or bidders thereof for cash, if the prices bid are ade-
quate, in the judgment of the Governor, Comptroller of the
Treasury, and Treasurer, or a majority of them, and when
two or more bidders have made the same bid, and such bid