J. MILLARD TAWES, GOVERNOR                          1203

under and said annual serial maturities shall be so fixed as to con-
form to the general financial plans of the County but need not be
in equal par amounts or in consecutive annual installments. Subject
to the limitations herein contained, said County shall have and is
hereby granted full and complete authority and discretion to fix and
determine, in said resolution, the form and tenor of any such bonds,
the rate or rates of interest payable thereon, or the method of arriving
at the same, the date or dates upon which said bonds shall respectfully
RESPECTIVELY mature and be payable, the manner of selling said
bonds at public sale, and generally all matters incident or necessary
to the issuance, sale and delivery thereof. The bonds of each such
issue shall be dated, shall bear interest at such rate or rates not ex-
ceeding six per centum (6%) per annum, payable semi-annually, shall
mature at such time or times as may be determined by said resolu-
tion, and 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 County,
either in said resolution or in subsequent resolutions, but prior to
the issuance of said bonds. The principal of and the interest on
said bonds may be made payable in any lawful medium. Said reso-
lution 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 facsimile, 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 Mary-
land. In case any officer whose signature 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 neverthe-
less be valid and sufficient for all purposes the same as if he had
remained in office until such delivery. 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 having
coupons attached, as to principal alone and also as to both principal
and interest, and for the reconversion of said bonds into coupon
form if any of such bonds shall have been registered as to both prin-
cipal and interest. Such bonds shall not be subject to the pro-
visions 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 therefor 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 computation 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 County 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