WM. PRESTON LANE, JR., GOVERNOR. 689

evidence of such loan; such Certificates of Indebtedness shall
bear date as of the time of their issue as provided in Section
1 of of this Act. Each of said Certificates shall be signed by
the Treasurer of the State and countersigned by the Comp-
troller of the Treasury.

SEC. 3. And be it further enacted, That the construction as
set forth in this Act includes an estimate of the cost for each
project, and it is the intent of this Act that, to the extent
that the actual cost of any of the projects authorized to be
undertaken by this Act is known at the time of issuing any
of the bonds authorized by this Act, the Board of Public
Works is authorized and directed to only issue bonds to the
amount of such actual cost. If the actual cost of any of the
projects authorized to be undertaken by this Act is not known
at the time of issuing any of the bonds authorized by this
Act, the Board of Public Works is directed to issue bonds in
the amount of such cost authorized by this Act; provided,
however, that if the Board of Public Works shall determine
that the estimated cost of said project is less than is herein
authorized, it shall only issue bonds in such lesser amount
or amounts; and further provided, that said cost shall not
exceed the maximum amount set forth for each institution or
department; and provided further, that the total amount of
bonds authorized shall not exceed Sixteen Million Three Hun-
dred Seventy-Three Thousand Dollars ($16, 373, 000).

SEC. 4. And be it further enacted, That in order to pro-
vide for the selling of the Certificates of Indebtedness afore-
said, to be issued under the provisions of this Act, the
Governor, Comptroller of the Treasury and the Treasurer 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 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 (15) 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 Certifi-
cates of Indebtedness issued under the provisions of this Act.
under such regulations as may be made in the discretion 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 and payments for said bonds or
Certificates of Indebtedness shall be adjusted with the pur-
chase thereof under such regulations as may be made in the
discretion of the Governor, Comptroller of the Treasury and