THEODORE R. MCKELDIN, GOVERNOR 1321

this Article and, EXCEPT THAT THE BONDS AUTHOR-
IZED BY SECTION 162A OF THIS SUB-TITLE SHALL
BE SOLD BY COMPETITIVE BIDDING AT PUBLIC
SALE IN THE MANNER PRESCRIBED BY SECTION
33 OF ARTICLE 31 OF THE ANNOTATED CODE OF
MARYLAND (1951 EDITION), the method and manner of
selling said bonds shall be governed by Section 158 of this
Article, to the end that bonds issued pursuant to said Sec-
tion 162A and bonds issued pursuant to Section 155 of this
Article shall be issued in accordance with a uniform proce-
dure and shall have substantially the same formal charac-
teristics and incidents. In addition, authority is hereby
specifically conferred on the Commission to issue temporary
or interim bonds or certificates, in such form or tenor as
the Commission may determine, in anticipation of and ex-
changeable for the definitive bonds authorized by said Sec-
tion 162A, and authority is also specifically conferred
hereby on the Commission to make appropriate provisions
for the replacement of any lost or mutilated bonds or temp-
orary certificates. In neither case shall the exercise of any
such authority constitute a breach of any of the limitations
contained in Section 162B of this sub-title.

162D. The proceeds of each series of the bonds sold
pursuant to the authority of Section 162A of this sub-title
shall be paid to the State Treasurer and shall be paid out
from time to time by the State Treasurer upon the orders
of the Commission and upon warrants of the State Comp-
troller, for the following purposes: (a) the portion of
said proceeds representing accrued interest shall be de-
posited in the sinking fund provided for in Section 162E
of this sub-title for application on account of the first in-
stallment of interest due on such bonds; (b) the portion
of said proceeds representing any premium received on
the sale of said bonds shall likewise be deposited in said
sinking fund for application on account of the first in-
stallment of the maturing principal of such bonds; (c)
there shall be payable from said proceeds the cost of en-
graving, printing, advertising, attorneys fees and other
outlays with respect to the issuance of said bonds; (d) there
shall be payable from said proceeds an appropriate pro-
portion, as determined by the Commission, of any fees,
salaries or expenses of private accountants, attorneys, engi-
neers, planners or other professional assistants whom the
Commission is hereby authorized to retain for the purpose
of assisting in the financing, planning, highway construc-
tion and reconstruction contemplated by this sub-title; (e)
there shall be payable from said proceeds all or part of the