WM. PRESTON LANE, JR., GOVERNOR 351

bonds and coupons shall cease to be such officers before
the delivery of such bonds, such signatures shall never-
theless be valid and sufficient for all purposes, as if they
had remained in office until such delivery. The bonds may
be made registerable as to principal only, under such terms
and conditions as may be determined by said County Com-
missioners.

SEC. 3. And be it further enacted, That the County Com-
missioners of Wicomico County shall advertise the said
bonds in at least two newspapers published in Wicomico
County, Maryland, and by such other advertisement as
may to them seem proper and advisable, inviting sealed
proposals for the purchase of said bonds or any part there-
of with the privilege of rejecting any or all bids, and no
bid shall be accepted at less than par and accrued interest;
the entire issue of bonds may be offered at one time or
they may be offered in varying amounts at different in-
tervals, as may seem most advantageous to the Board of
Education of Wicomico County in constructing, completing
the construction, or aiding in construction, making addi-
tions and improvements to and equipment of the schools
for the erection of which the proceeds of said bonds are
to be used; and no part of the money arising from the sale
of said bonds shall be used except for the purposes desig-
nated and provided for in this Act, except that any accrued
interest shall be set aside in a separate interest fund and
be devoted to the payment of the first maturing coupons,
and provided further, that the cost of engraving or print-
ing of said bonds and the cost of advertising authorized
by this Act, and any other expenses incidental to the issu-
ance and sale of said bonds, may be paid out of said funds.

SEC. 4. And be it further enacted, That the proceeds
arising from the sale of said bonds shall be paid over to the
Treasurer of Wicomico County, and credited by him to the
Board of Education of Wicomico County, to be used in
the discretion of the members of said Board of Education
and under their supervision and direction for building or
aiding in building, making additions and improvements to
and equipping the aforesaid school buildings. Said Board
of Education shall have full authority to contract for,
supervise, direct and control such work in such manner
as in their discretion they may deem to the best public
interest, and full power is given to them to employ and pay
out of the said funds all architects, builders, or other per-
sons, supervisors or agents, as to them may seem advisable
and necessary; and the Board of Education of Wicomico
County and the County Commissioners of Wicomico County