J. MILLARD TAWES, Governor 449

highest responsible bidder are in excess of the whole amount of the
certificates offered for sale, such bonds or Certificates of Indebted-
ness shall be awarded to such responsible bidders bidding the same
price in a ratable proportion; 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 neces-
sary, 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
Certificates of Indebtedness for the payment of the expense of en-
graving, printing and other outlays connected with the issue of the
loan hereby authorized, and for the payment of the advertising di-
rected by this Act, and all other incidental expenses connected with
the execution of its provisions in connection with said loan.

SEC. 5. And be it further enacted, That the actual cash pro-
ceeds 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 exclu-
sively for the following purposes, to wit:

The Comptroller shall immediately, upon the sale of and pay-
ment 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 expended upon approval by the Board of Public Works for the
planning (including services of engineers, architects, and consul-
tants), construction, reconstruction, furnishing, and equipping of a
new hospital and of new hospital facilities, including if necessary
the acquisition of a new site, and including all other proper ex-
penditures in connection therewith, for the hospital in Baltimore
City known generally as Provident Hospital, whether or not the new
hospital retains the same name.

The issue of the bonds or certificates of indebtedness authorized
by this Act and the payment of the proceeds thereof for the purposes
provided by this Act are contingent upon the provision by the Mayor
and City Council of Baltimore of an amount not less than an equal
and matching sum for the same or substantially similar purposes.
The Board of Public Works shall not pass a resolution providing for
the issue of any part or all of the bonds or certificates of indebtedness
authorized by this Act, and the Board of Public Works shall not
approve the expenditure of any part or all of the proceeds of these
bonds or certificates of indebtedness, until and unless the Board re-
ceives assurances satisfactory to it that not less than this equal and
matching sum for the same or substantially similar purposes is being
or will be provided by the Mayor and City Council of Baltimore.

SEC. 6. And be it further enacted, That until all of the interest on
and principal of any certificates issued under this Act have been paid
in full, there is hereby levied and imposed an annual State tax on each