J. MILLARD TAWES, GOVERNOR                             937

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 facsmile,
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 signature
shall appear on any such bond, or on the coupons attached thereto,
shall cease to be such officer before the delivery thereof, such signa-
ture 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 regis-
tered as to both principal and interest. Such bonds shall not be sub-
ject 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 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
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 accordanc AC-
CORDANCE with the provisions hereof. Said notice shall be pub-
lished at least twice in one or more daily or weekly newspapers hav-
ing 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 therefor,
and shall state how said highest bidder or bidder 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 and shall be accompanied by
a good faith deposit in a fixed or determinable amount as security
for compliance by the bidder with his bid. Said notice shall refer
to this Act as authority for the bonds and shall state the date of issue
of the bonds offered, the total aggregate par amount thereof, the