MARVIN MANDEL, Governor                        1149

section shall be members of the Harford County bar if in the judg-
ment of the Governor members qualified by experience and tempera-
ment are conveniently available for such service.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.

Approved May 2, 1969.

CHAPTER 457
(Senate Bill 547)

AN ACT to authorize the creation of a State debt, in the aggregate
amount of six hundred thousand dollars ($600,000), for the pur-
pose of aiding in the construction of jail facilities in Harford
County, and providing generally for the issuance and sale of cer-
tificates of indebtedness evidencing such loan.

Section 1. Be it enacted by the General Assembly of Maryland,
That the Board of Public Works is hereby authorized and directed
to issue a State Loan, to be known as the "Harford County Jail Loan
of 1969," in the aggregate amount of six hundred thousand dollars
($600,000).

Chapter 457

The certificates evidencing said loan may be issued all at one time
or, in groups, from time to time, as hereinafter provided. All of said
certificates evidencing said loan, or any group thereof, shall be issued
according to what is known as the serial annuity plan so worked out
as to discharge the principal represented by said certificates within
fifteen (15) years from the time of its issue; provided, however,
that it shall not be necessary to provide for the redemption of any
part of the principal represented by any certificates for the first two
(2) years from the time of the issuance of said certificates.

The Board of Public Works shall, and is hereby authorized and
empowered to, pass a resolution or resolutions from time to time,
determining and setting forth:

(a)   The proportion of the total loan authorized by this Act which
shall be issued at any particular time;

(b)  The form of the certificate representing the loan or any part
thereof so authorized to be issued at any particular time, including
any interest coupons to be attached thereto, and provisions for the
issuance of certificates in registered form, provisions for the regis-
tration of any coupon certificates as to principal of loan and for the
reconversion into coupon certificates of any certificates registered
as to principal.

(c)  The denomination or denominations of the certificates to be
issued at any particular time, which may be not less than one hun-
dred dollars ($100.00) but may be in sums of one hundred dollars
($100.00) or any suitable multiple thereof, and the place or places
of payment of principal and interest thereof.