SPIRO T. AGNEW, Governor                      1369

such price or prices and under such terms and conditions as may be
fixed by said County, either in said resolution or in subsequent reso-
lutions, 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 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 (1967 Replacement Volume), as
amended from time to time, 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 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 Com-
missioners 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, by an appropriate resolution, 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. 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 primarily
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 re-
ceived 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