SPIRO T. AGNEW, Governor                        113

not exceeding six per centum (6%) per annum, payable semi-annually,
shall mature at such time or times as may be determined by said
resolution, and said bonds may, by said resolution be made redeem-
able 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, at such price or prices and under such terms and condi-
tions 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 manner 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 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 never-
theless 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 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 re-
ceived 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 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
County shall likewise fix the terms and conditions of the public sale
of such group or series of bonds and shall adopt a suitable form of
notice of sale, which shall briefly outline said terms and conditions
in accordance with the provisions hereof by an appropriate resolu-
tion. Said notice shall be published 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 pri-
marily among banks and investment bankers. At least one publica-
tion of the notice of sale shall be made not less than ten (10) days
before the sale of said bonds. Said notice shall offer said bonds to the