Marvin Mandel, Governor                          49

(6%) per annum], payable semi-annually, shall mature at such
time or times as may be determined by said resolution, 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 deter-
mine 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 de-
nominations 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 suffi-
cient 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
(1957 Edition), as amended from time to time, 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 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 Commissioners 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 received