J. MILLARD TAWES, GOVERNOR                          1059

said bonds may, by said resolution be made redeemable before
maturity, at the option of the County, at such price or prices and
under such terms and conditions as may be fixed by, said Board of
County Commissioners, either in said resolution or in subsequent
resolutions, but prior to the issuance of said bonds. The principal
of and the interest on said obligations may be made payable in any
lawful medium. Said resolution shall determine the form of said
bonds, including any interest coupons to be attached thereto, and
the manner of executing and sealing the same, which may be by fac-
simile, and shall fix the denomination or denominations of the
bonds and the place or places of payment of the principal and the
interest thereon, which may be at any bank or trust company within
or without the State of Maryland. In case any officer whose signa-
ture shall appear on any such bond, or on the coupons attached
thereto, shall cease to be such officer before the delivery thereof,
such signature shall nevertheless be valid and sufficient for all
purposes the same as if he had remained in office until such de-
livery. Said bonds may, by any such resolution, be issued in coupon
or in registered form, or both, and provision may be made for the
registration of said bonds haying coupons attached, as to principal
alone and also as to both principal and interest, and for the re-
conversion of said bonds into coupon form, if any of such bonds shall
have been registered as to both principal and interest. Such bonds
shall not be subject to the provisions of Sections 9, 10 and 11 of
Article 31 of the Code of Public General Laws of Maryland (1957
Edition) but said County shall offer said bonds only by solicitation
of competitive bids therefor at public sale. Said bonds may be sold
for such price or prices as may be determined to be for the best
interests of the County, either at, above or below the par value
of any such bonds, but no such sale shall be made at a price so low
as to require the payment of interest on the money received there-
for at more than six per centum (6%) per annum, computed with
relation to the absolute maturity of the bonds in accordance with
standard tables of bond values, excluding, however, from such com-
putation the amount of any redemption premium. Upon delivery of
any of said bonds to the purchaser or purchasers thereof, payment
therefor shall be made to the Treasurer of Prince George's County.

In addition to making provision for the above described terms
and conditions of any group or series of bonds issued hereunder,
the above mentioned resolution of the Board of County Commis-
sioners shall likewise fix the terms and conditions of the public
sale of such group or series of bonds, and said resolution shall
adopt a suitable form of notice of sale, which shall briefly outline
said terms and conditions in accordance with the provisions hereof.
Said notice shall be published at least twice in one or more daily
or weekly newspapers having a general circulation in the County,
and may also be published in one or more journals having a cir-
culation primarily among banks and investment bankers. The sale
of said bonds shall be held not sooner than ten (10) days following
the first publication of said notice. Said notice shall offer said bonds
to the highest bidder or bidders therefor, and shall state how said
highest bidder or bidders will be determined. Said notice of sale
shall specify the date, place and hour at which bids for said bonds
will be received and opened and the bonds awarded. It shall also
specify that each bid shall be made in writing by a sealed proposal