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294
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CITY OF BALTIMORE. [ART. 4.
the city, the said mayor and city council may levy a
tax' on the assessable property of the city for the
amount of such assessment, or they may raise the
necessary amount by a loan, for the payment of which
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Sinking fund.
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they may create a sinking fund to meet the liabilities
incurred, and may also levy on the assessable property
of the city of Baltimore from time to time such sums
as may be necessary to provide therefor, and for the
principal and interest of the liabilities incurred, and
may pass all ordinances necessary to carry out the pro-
visions of the same.
In force and approved March 28, 1868.
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WATER.
1868, c. 467 repeals section 939, as enacted by 1868, o. 38, [Sup. 473] and re-enacts
the same so as to read as follows:
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1868. C. 64T.
Baltimore
water stock
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939. For the purpose of defraying all the expenses
and costs of said lands, waters and water-rights as
shall have been taken for the purposes aforesaid, and
of constructing all works necessary to the accomplish-
ment of said purposes, and all expenses incident thereto,
the said mayor and city council of Baltimore shall have
authority in the name of the city to issue certificates of
debt to be denominated on the face Baltimore water
stock, to an amount not exceeding four millions and
five hundred thousand dollars, bearing interest not
exceeding six per cent, per annum, and to provide by
ordinance for the redemption of the same at a certain
time, and under such provisions as the mayor and city
council may deem expedient and proper; the said
mayor and city council are hereby authorized and
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Water rates.
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empowered to assess rates for the supply and use of
water at any point in Baltimore city and county, and
the mayor and city council are hereby authorized to
enforce payment for the use of water, and other expenses
incurred in the introduction of water from the water
mains, according to the rates established by the said
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