SPIRO T. AGNEW, Governor                       1015

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 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 Mary-
land. 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 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) (1967 REPLACEMENT VOLUME) but said County
shall offer said bonds only by solicitation of competitive bids there-
for at public sale. Said bonds may be sold for such price or prices
as may be determined to be for the best interest 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 Harford County or such other official of the County
designated to receive such payment in a resolution passed by the
Board of County Commissioners of Harford 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 publication
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
highest bidder or bidders therefor, and shall state how said highest
bidder or 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 determinate