190                               LAWS OF MARYLAND                        [CH. 51

Works, and when two or more bidders have made the same bid, and
such bid is the highest and the Certificates so bid for by the highest
responsible bidder are in excess of the whole amount of the Certifi-
cates offered for sale, such bonds or Certificates of Indebtedness shall
be awarded to such responsible bidders bidding the same price in a
ratable proportion; or if any insufficient price be bid for them, they
may be subsequently disposed of under the direction of the Board of
Public Works at a private sale upon the best terms they can obtain
for the same; provided they shall not be sold at private sale for less
than par and accrued interest.

Sec 4. And be it further enacted, That the sum of Twenty-five
Thousand Dollars ($25,000), or so much thereof as may be necessary,
shall be paid by the Treasurer of the State upon the warrant of the
Comptroller out of the proceeds of the sale of said bonds or Certifi-
cates of Indebtedness for the payment of the expense of engraving,
printing and other outlays connected with the issue of the loan hereby
authorized, and for the payment of the advertising directed by this
Act, and all other incidental expenses connected with the execution
of its provisions in connection with said loan.

Sec 5. And be it further enacted, That the actual cash proceeds
of the sale of the Certificates of Indebtedness to be issued under this
Act shall be paid to the Treasurer of the State upon the warrant of
the Comptroller and such proceeds shall be used exclusively for the
purpose of providing funds for the acquisition of land and/or the
purchase or erection of a building or buildings in the City of Balti-
more for the use of the Department of Employment Security.

The Comptroller shall immediately, upon the sale of and payment
for said certificates, first, return to and credit the Treasury for a sum
equivalent to the amount expended as provided for in Section 4 of
this Act; the remainder of the proceeds of said loan shall be credited
on the books of the State Treasury Department, to be expended as
needed by the State, upon approval by the Board of Public Works
for the purposes specified hereinabove in this section.

Sec 6. And be it further enacted, That all unexpended funds
remaining from completed projects authorized under this Act shall
be transferred to the Annuity Bond Fund and shall be applied to the
debt service requirements of the State, said transfer to be made one
year after the date of the final acceptance of the project by the State,
said date of final acceptance to be certified in writing to the Board
of Public Works by the Department of Public Improvements.

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Sec 8. 7. And be it further enacted, That if any projects listed in
this Act shall not have been contracted for within two years from
the effective date of this Act, then such project shall be deemed to