J. MILLARD TAWES, Governor                     1479

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 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,
as 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 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 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 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 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 Treas-
urer of Prince George's County or such other official of the County
designated to receive such payment in a resolution passed by the
Board of County Commissioners for Prince George's County before
such delivery.

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 ac-
cordance with the provisions hereof. Said notice shall be published
in one or more daily or weekly newspapers having a general circu-
lation in the County, and may also be published in one or more
journals having a circulation primarily among banks and invest-
ment bankers. At least one publication of the notice of sale shall be
made not less than ten (10) days before the sale of said bonds.