26                                Laws of Maryland                          Ch. 8

of interest payable thereon, or the method of arriving at the same,
the date or dates upon which said bonds shall respectively mature
and be payable, the manner of selling said bonds at public sale, and
generally all matters incident or necessary to the issuance, sale, and
delivery thereof. The bonds of each such issue shall be dated, shall
bear interest at such rate or rates not exceeding [six] eight
per centum [(6%)] (8%) per annum, payable semi-annually, shall
mature at such time or times as may be determined by said resolu-
tion, and said bonds may, by said resolution be made redeemable
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,
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 cou-
pons 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 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) 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 interesto n the money received
therefor at more than [six per centum (6%)] eight per centum (8%)
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 pur-
chasers 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-