Marvin Mandel, Governor 1805
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, payable
semi-annually, shall mature at such time or times as may be de-
termined 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 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 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 signa-
ture 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 (1967 Replace-
ment Volume) but said County shall offer said bonds only by solici-
tation 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. Upon delivery of any of said bonds to the pur-
chaser 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 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 appro-
priate resolution. 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 circu-
lation 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 of 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
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