Theodore R. McKeldin, Governor                    879

the bonds or Certificates of Indebtedness and the time of sale and
delivery of and payments for said bonds or Certificates of Indebted-
ness shall be adjusted with the purchaser thereof under such regula-
tions as may be made in the discretion of the Board of Public Works;
and upon the day mentioned in said advertisement as the day for
opening the bids for the proposals thereby called for, they shall re-
ceive such sealed proposals for the purchase of as many of such bonds
or Certificates of Indebtedness as may be mentioned or designated
in said advertisements; and on the opening of such sealed proposals,
as many of said bonds or Certificates of Indebtedness as have been
so bid for shall be awarded by the Board of Public Works, to the
highest responsible bidder or bidders therefor for cash, if the prices
bid are adequate, in the judgment of the Board of Public 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 Certificates offered
for sale, such bonds or Certificates of Indebtedness shall be awarded
to such responsible bidders bidding the same price in a ratable pro-
portion; 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. 51 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
following purposes, to wit:

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 ex-
pended as needed by the State, upon approval by the Board of Public
Works for the following needs, purposes and projects, and amounts
listed below being intended to include Architects' and Engineers'
fees where applicable:

GENERAL CONSTRUCTION LOAN OF 1957

Board of Public Works:

IMPROVEMENTS TO THE HEAT-
ING SYSTEMS IN THE STATE
HOUSE AND COURT OF AP-
PEALS BUILDINGS IN ANNAP-
OLIS................................................$122,000