424                              Laws of Maryland                      [Ch. 312

which said bonds shall 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 such issue shall be dated, shall bear interest at such rate
or rates not exceeding six per centum (6%) per annum, payable
semi-annually, shall mature at such time or times as may be deter-
mined by said resolution, 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 resolution shall determine the form of said bonds,
including any interest coupons to be attached thereto, and the man-
ner 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 with-
out the State of Maryland. 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 nevertheless 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 provisions of
Sections 9, 10, 11 of Article 31 of the Public General Laws of Mary-
land (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 thereof 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, how-
ever, 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
sale, which shall briefly outline said terms and conditions in accord-
ance 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 circulation 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