1492 LAWS OF MARYLAND [CH. 654
tions, 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 man-
ner 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
haying 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 j |