JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 255

SEC. 2. And be it enacted, That this act shall take effect from the date of its passage. Approved March 27, 1876.

In force.

CHAPTER 167.
AN ACT to amend the fourth article of the Code of Public Local Laws, by adding another section thereto, in relation to investments on account of the sinking fund. SECTION 1. Be it enacted by the General Assembly of Maryland, That whenever the Commissioners of Finance of the City of Baltimore, shall be authorized by the Mayor and City Council of Baltimore, to invest moneys belonging to the sinking fund of said city, in annuities or ground rents, reserved out of the lands leased to the Mayor and City Council of Baltimore, and payable by the said corporation, the said
commissioners may purchase such rents or annuities and the reversions of such lands, and the conveyances thereof taken may be made to the Mayor and City Council of Baltimore, in trust for the benefit and purposes of the said sinking fund, and in every such case, such conveyance shall not work a merger of the lease or term, but, until otherwise provided by law, the rent or rents shall continue to be payable by the Major and City Council of Baltimore as if such pur-	May purchase.
chase had not been made, but shall be received and applied by the Commissioners of Finance as the income of other investments of the sinking fund may be applied.	Received and applied.
SEC. 2. And be it enacted, That this Act shall take effect from the date of its passage. Approved March 27, 1876.	In force.