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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 1267   View pdf image (33K)
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BALTIMORE CITY. 1267

to the legal and qualified voters of the City of Baltimore, at such time and
place as may be fixed by said ordinance; to be approved by a majority of
votes cast at such time and place; provided further, that the aggregate
amount of such endorsements shall not exceed the sum of five hundred
thousand dollars, and that the bonds so endorsed shall be secured by first
mortgage on the property and franchises of said Baltimore and Eastern
Shore Railroad, shall bear interest at a rate not exceeding three and one-
half per cent, per annum; and provided further, that before the said ordi-
nance shall be passed by the Mayor and City Council of Baltimore, or
submitted to the voters of said city, the propriety of making said endorse-
ment shall receive the approval and endorsement of the Board of Trade
of the City of Baltimore, of the Corn and Flour Exchange, of the Mer-
chants and Manufacturers' Association of said Baltimore City, and of the
Merchants and Manufacturers' Association of Old Town, expressed by a
majority vote of said associations, respectively, and duly certified to the
Mayor and City Council of Baltimore.

The following loans have been authorized by Acts of Assembly and approved by
the voters, except as noted, since the enactment of the new Charter of 1898, ch.
123.

( 1 ) Western Maryland Refunding Loan—Act 1898, ch. 210. authorizing issue of
stock to amount of $1,875.000, to extinguish certain mortgage bonds maturing Jan-
uary 1, 1900, and an issue of $1.000,000 of stock loaned said railroad, maturing
January 1, 1902. See also Act 1900. ch. 280. ratifying Ord. 32, February 8. 1900.

( 2) Municipal Lighting Plant $1,350,000 Loan—1900, ch. 152. (This loan was
never submitted to the voters.)

( 3 ) Public Improvement $6.000.000 Loan—1898, ch. 361, ratifying and confirm-
ing Ord. 100, October 7. 1892. authorizing an issue of six million dollars of regis-
tered bonds of the City of Baltimore for the purposes set ont in said ordinance.

( 4 ) Refunding Loan for $4,300,000, to redeem certain loans named in Act 1898,
ch. 373, authorizing said refunding loan.

( 5 ) Conduit Loan for $1,000.000—1902, ch. 246.

( 6 ) Water Loan for $1,000,000—1902. ch. 333.

( 7 ) Annex Improvement Loan for $2,000,000—1904, ch. 274.

( 8 ) Park Improvement Loan for $1.000,000—1904, ch. 338.

( 9 ) New Sewerage System for $10,000.000—1904, ch. 349.

(10) Burnt District Improvement Loan—1904. ch. 444, and 1904, ch. 468. author-
izing issue of $6,000,000 of City Stock to defray expenses of Improvements in the
Burnt District.

(11) Fire Engine House Loan for $1,000,000—1906. ch. 467%.

(12) Conduit Loan for $1,000,000—1908. ch. 165.

(13) Civic Centre and Park Loan for $3.000,000—1908, ch. 188. (This loan was
rejected by the voters at the election in November, 1917.)

(14) Additional Burnt District Improvement Loan for $1,000,000—1908. ch. 247.

(15) Water Loan for $5,000.000—1908, ch. 214.

(16) Additional Annex Improvement Loan for $2,500,000—1910, ch. 736.

(17) Additional New Sewerage System Loan for $10,000,000—1910, ch. 630.

(18) Police Station House Loan for $1,000,000—1910, ch. 570.

(19) General Fund Bond Loan for $3,000,000—1910, ch. 540.

(20) Harbor Improvement Loan for $5,000.000—1910. ch. 485. (Has been ap-
proved by the voters to the extent of $3,500,000; see Ordinance No. 557, approved
June 13, 1910, and Ordinance No. 518. approved October 3, 1914.)

(21) Jones Falls Improvement Loan for $1,000,000—1910, ch. 110.

(22) School House Loan for $1.500,000—1910, ch. 92.

(23) Additional Conduit Loan for $2.000,000—1912. ch. 27.

(24) Light Street Bridge $2,000,000 Loan—1912. ch. 428. (This loan was re-
jected by the voters at the November election, 1912.)

(25) Additional New Sewerage Improvement Loan for $3,000,000—1914, ch. 323.

(26) Contagious Diseases Hospital Loan for $750,000—1914, ch. 722.

 

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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 1267   View pdf image (33K)
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