508                                   LAWS OF MARYLAND                          [CH. 242

(f)   To receive and accept from the United States of America
or any agency thereof grants for or in aid of the construction of the
project or any part thereof, and to receive and accept in connection
therewith aid or contributions from any source of either money,
property, labor or other things of value, to be held, used and applied
only for the purpose for which such grants and contributions may be
made; and

(g)   To do all acts and things necessary or convenient to carry out
the powers expressly granted in this subtitle.

166C.

(a) The Board of Trustees of the State Colleges is hereby author-
ized and empowered to provide, by resolution, from time to time, for
the issuance, in series, of its negotiable bonds, certificates or other
evidence of indebtedness for the purpose of paying all or any part
of the cost of the project. The principal and interest on such bonds,
certificates or other evidence of indebtedness shall be payable solely
from the funds herein provided for such payment. The bonds of each
issue shall be dated, shall bear interest, and shall mature at such time
or times, not exceeding 40 years from their date or dates, as may be
determined by the said Board of Trustees. The bonds of each issue
may be made redeemable before maturity at the option of the said
Board of Trustees at such price or prices and under such terms and
conditions as may be fixed by the said Board of Trustees prior to the
issuance of the bonds. The said Board of Trustees shall determine
the form of the bonds, including any interest coupons to be attached
thereto, and shall fix the denomination or denominations of the bonds
and the place or places of payment of principal and interest which
may be at any bank or trust company within or without the State.
The bonds shall bear the manual or facsimile signature of the chair-
man or one of the other members of the said Board of Trustees and
the official seal of the said Board of Trustees or a facsimile thereof
shall be affixed to said bonds, attested by the manual or facsimile
signature of the secretory or an assistant secretary of said Board of
Trustees, provided that at least one of said signatures with respect
to each of said bonds shall be a manual signature, and any coupons
attached thereto shall bear the facsimile signature of the chairman
of said Board of Trustees. In case any officer whose signature or a
facsimile of whose signature shall appear on any bonds or coupons
shall cease to be such officer before the delivery of such bonds, such
signature or such facsimile shall nevertheless be valid and sufficient
for all purposes the same as if he had remained in office until such
delivery. All bonds issued under the provisions of Sections 166 A-
166K, inclusive, of this subtitle shall have and are hereby declared
to have all the qualities and incidents of negotiable instruments un-
der the Negotiable Instrument Law of the State. The bonds may be
issued in coupon or in registered form, or both, as said Board of
Trustees may determine, and provision may be made for the regis-
tration of any coupon bonds as to principal alone and also as to both
principal and interest, and for the reconversion into coupon bonds
of any bonds registered as to both principal and interest. Said Board
of Trustees may sell such bonds in such manner, either at public or
private sale, and for such price or prices, as it may determine to be
for the best interests of the State.