The annotated code of the public civil laws of Maryland; comprising all the public and general civil laws of the state, down to and inclusive of the ... decisions of the Court of Appeals of Volume 2

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...for said bonds and certificates shall be adjusted with the purchaser thereof under such regulations as may 1... made in the discretion of the governor, comptroller of the treasury and treasurer, or a majority of them; and upon the day mentioned in said advertisement as the day for opening the bids for the proposals thereby called for they shall receive such sealed proposals for the purchase of as many of such certificates of indebtedness as may be designated in said advertisement; and on the opening of such sealed proposals, as many of said certificates of indebtedness as have been so bid for shall be awarded by the governor, comptroller of the treasury and treasurer, or a majority of them, to the highest responsible bidder or bidders therefor for cash, if the prices bid are inadequate, in the judgment of the governor, comptroller and treasurer, or a majority of them; and when two or more bidders have made the same bid, and such bid is the highest and the certificates so bid for by the highest responsible bidders are in excess of the whole amount of the certificates so offered for sale, such certificates of indebtedness shall be awarded such highest responsible bidders bidding the same price in a ratable proportion; and if any of said certificates so offered for sale are not bid for, or if any insufficient price be bid for them, they may be subsequently disposed of under the direction of the governor, comptroller of the treasury and treasurer, or a majority of them, at 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. 1908, ch. 141. sec. 32 K. 43. Tn order that there shall be no delay in carrying into effect the provisions of this act, the sum of...