588                              Laws of Maryland                       Ch. 247

such bids are THE highest, then such bonds shall be awarded by lot to
one of such responsible bidders; or if any insufficient price be bid
for them, they may be subsequently disposed of under the direction
of the Board of Public Works, at a private sale upon the best
terms they can obtain for the same; provided they shall not be sold
at private sale for less than par and accrued interest.

(e)    So much thereof as may be necessary, shall be paid by the
Treasurer of the State upon the warrant of the Comptroller out
of the proceeds of the sale of said bonds or Certificates of Indebted-
ness for the payment of the expense of engraving, printing and
other outlays connected with the issue of the bonds LOAN hereby au-
thorized, and for the payment of the advertising directed by this
Section, and all other incidental expenses, connected with the exe-
cution of its provisions in connection with said loan.

(f)    The actual cash proceeds of the sale of Certificates of In-
debtedness to be issued under this Section shall be paid to the
Treasurer of the State upon the warrant of the Comptroller, and
such proceeds shall be used exclusively for the following purposes:
The Comptroller, immediately upon the sale of and payment for

said certificates, shall return to and credit the Treasury for a sum

equivalent to the amount expended as provided in subsection (e)

be credited on the books of the State Comptroller to be expended

be credited on the books of the State Comptroller to be expended
SUCH PROCEEDS SHALL BE USED EXCLUSIVELY FOR THE
FOLLOWING PURPOSES, TO WIT:

(1)    THE COMPTROLLER IMMEDIATELY UPON THE SALE
OF AND PAYMENT FOR SAID CERTIFICATES, FIRST, SHALL
RETURN TO AND CREDIT THE TREASURY FOR A SUM
EQUIVALENT TO THE AMOUNT EXPENDED, AS PROVIDED
IN SUBSECTION (E) OF THIS ACT.

(2)    THE REMAINDER OF THE PROCEEDS OF SUCH
LOAN SHALL BE CREDITED ON THE BOOKS OF THE STATE
COMPTROLLER, TO BE EXPENDED exclusively for the purpose
of financing the costs of acquisition, improvements or rehabilitation
of land for, and the acquisition, construction, reconstruction, exten-
sion and improvement of facilities in connection with the preven-
tion, control and abatement of pollution of the waters of this State
from abandoned deep or strip mines, including the prevention of
drainage therefrom. The proceeds of such loan may be expended
for the improvement or rehabilitation of land or the prevention of
drainage from land occupied or degraded by abandoned strip mines
or deep mines which is owned by the State of Maryland or by a
political subdivision of the State, or for the acquisition or improve-
ment or rehabilitation of private land or the prevention of drainage
from private land which is occupied or degraded by abandoned mines
to carry out the purposes of this subheading; provided, however, that
the proceeds shall not be used to improve or rehabilitate or prevent
drainage from any land which is not owned by the State of Maryland
or by a political subdivision of the State unless the owner of such
land contributes to the cost thereof an amount at least equal to the
increase in the value of such land which will result therefrom, such
amount or the manner of determining such amount and the manner
of payment thereof to be determined by the Secretary.

(g)    Until all of the interest on and principal of any certificates
issued under this subheading SECTION have been paid in full, there