THEODORE R. MCKELDIN, GOVERNOR 1441

ANY PAYMENT FOR SAID BONDS SHALL BE ADJUST-
ED WITH THE PURCHASERS THEREOF. UPON THE
DAY AND AT THE TIME MENTIONED IN SAID ADVER-
TISEMENT FOR OPENING THE BIDS, THE COUNTY

COMMISSIONERS OF DORCHESTER COUNTY SHALL
RECEIVE SUCH SEALED PROPOSALS FOR THE PUR-
CHASE OF SUCH BONDS AS MAY BE DESIGNATED IN
THE ADVERTISEMENT. UPON THE OPENING IN PUB-
LIC BY THE SAID COUNTY COMMISSIONERS OF SUCH
SEALED PROPOSALS, AS MANY OF SAID BONDS AS
MAY HAVE BEEN SO BID FOR SHALL BE AWARDED BY
THE COUNTY COMMISSIONERS OF DORCHESTER
COUNTY TO THE HIGHEST RESPONSIBLE BIDDER OR
BIDDERS THEREFOR, FOR CASH, AT NOT LESS THAN
PAR, IF THE PRICES ARE ADEQUATE IN THE JUDG-
MENT OF SAID COUNTY COMMISSIONERS; AND WHEN
TWO OR MORE BIDDERS HAVE MADE THE SAME BID
AND SUCH BID IS THE HIGHEST AND FOR THE
WHOLE AMOUNT OF THE BONDS SO OFFERED FOR
SALE, OR, TAKEN TOGETHER, IN EXCESS OF SAID
WHOLE AMOUNT, SUCH BONDS SHALL BE AWARDED
TO SUCH HIGHEST 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 ANY INSUFFICIENT PRICE BE
BID FOR THEM, IN THE JUDGMENT OF THE SAID
COUNTY COMMISSIONERS, THE SAID COUNTY COM-
MISSIONERS MAY REJECT ANY OR ALL BIDS FOR
SAID BONDS, AND SUCH BONDS SUBSEQUENTLY
MAY BE DISPOSED OF UNDER THE DIRECTION OF
THE COUNTY COMMISSIONERS OF DORCHESTER
COUNTY AT PRIVATE SALE, UPON THE BEST TERMS
THAT CAN BE OBTAINED FOR THE SAME; PROVIDED
THAT SUCH BONDS SHALL NOT BE SOLD AT PRIVATE
SALE FOR LESS THAN PAR AND ACCRUED INTEREST.
ALL PAYMENTS OF THE PURCHASE PRICE OF SAID
BONDS SHALL BE MADE TO THE COUNTY TREASURER
OF DORCHESTER COUNTY.

SEC. 6. AND BE IT FURTHER ENACTED, THAT OUT
OF THE ACTUAL CASH PROCEEDS FROM THE SALE
OF ANY OF SAID BONDS OR FROM SAID PROMISSORY
NOTES OR CERTIFICATES OF INDEBTEDNESS, SHALL
BE PAID FIRST THE COST OF PRINTING AND OTHER
OUTLAYS AND EXPENSES AND CHARGES CONNECT-
ED WITH THE ISSUE OF THE SAME, AND THE ENTIRE
BALANCE OF SAID ACTUAL CASH PROCEEDS, TO-
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