EDWIN WARFIELD, ESQ., GOVERNOR.
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627
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any particular. Any and all bids or parts of bids for any such
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work or supplies or materials may be rejected by said com-
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mission.
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SEC. 6. And be it enacted. That in order to provide money
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for the projection, construction and establishment of said sew-
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erage system the Mayor and City Council of Baltimore is
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hereby authorized to issue the stock of said corporation for a
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Providing
money by is-
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sum not exceeding ten million dollars ; said stock to be issued
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suance of
bonds.
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from time to time as the Mayor and City Council of Baltimore
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shall by ordinance prescribe, and to be issued for such amounts
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and to be payable at such time and to bear such rate of
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interest as the Mayor and City Council of Baltimore shall by
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ordinance provide. Said stock shall be sold and issued by
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the Commissioners of Finance of the City of Baltimore at
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the best prices obtainable in their judgment therefor, and any
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premiums derived from the sale thereof shall remain in their
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hands as part of the sinking fund hereinafter mentioned for
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the redemption of said stock at maturity. The residue of the
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money received from the sale of said stock shall be turned over
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by them to the Comptroller, to be by him deposited with the
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City Register, and to be placed to the credit of a fund to be
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known as the "New Sewerage System Fund," which shall
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be exclusively applicable to the cost of the work authorized
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"New Sewer-
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by this Act, and shall be chargeable with no other items of
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age System
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cost or expense whatsoever. Appropriations for the cost of
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Fund."
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said work, based upon the estimates of said commission, shall
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be annually included by the Board of Estimates in the usual
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way in the Ordinance of Estimates, and upon the written
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requisitions, supported by proper vouchers of the chairman
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of said commission, or of the chairman pro tempore of said
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commission, countersigned by the secretary of said commission,
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or by the secretary pro tempore of said commission, either
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of which officers of said commission is hereby authorized to
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appoint bv vote or resolution in the event of the absence, sick-
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ness or other disability for the time being of its chairman
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or secretary, respectively, the Comptroller shall draw his war-
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rants upon the City Register, payable out of such appropria-
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tions from said special fund for the amounts of all items of
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cost or expense properly chargeable upon said special fund.
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But said stock shall not be issued, in whole or in part, unless
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the ordinance of the Mayor and City Council of Baltimore
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providing for the issuance thereof shall be submitted to the
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legal voters of the City of Baltimore at such time and place
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as may be fixed by said ordinance, and be approved by a major-
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ity of the rotes cast at such time and place as required by See-
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