WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 135

	CHAPTER 94.
	AN ACT to repeal section four of chapter two hun-
	dred and thirty-seven of the acts of eighteen hun-
	dred and seventy-six, entitled "An act to authorize
	the Mayor and City Council of Baltimore to issue
	city stock for the purpose of redeeming the five mil-
	lion loan, known as ' Baltimore Water Stock,' re-
	deemable at pleasure on and after the first day of
	May, eighteen hundred and seventy-five, and to
	provide for the payment of all taxes, State, fed-
	eral or otherwise, to which said stock, or the in-
	terest thereon, may be liable, and to reduce the
	rate of interest on the indebtedness of the said
	city," and to re-enact the same with amendments.
	SECTION 1. Be it enacted by the General Assem-
	bly of Maryland, That section four of chapter two
	hunded and thirty-seven of the acts of eighteen
	hundred and seventy-six, entitled " An act to au-
	thorize the Mayor and City Council of Baltimore
	to issue city stock for the purpose of redeeming the
	five million loan, known as ' Baltimore Water Stock,'	Repealed and
	redeemable at pleasure on and after the first day of	re-enacted.
	May, eighteen hundred and seventy-five, and to
	provide for the payment of all taxes, State, federal
	or otherwise, to which said stock, or the interest
	thereon, may be liable, and to reduce the rate of
	interest on the indebtedness of said city," be and
	the same is hereby repealed and re-enacted so as to
	read as follows :
	SECTION 4. That whenever and as often as it may
	be necessary hereafter to issue certificates of indebt-	Issue certifi-
	edness or city stock or bonds of the said city of Bal-	catesof in-
	timore, either for loans of the "said city already cre-	debtedness.
	ated and authorized by law but not yet negotiated
	and issued, or for loans which may be hereafter
	credited and authorized to be issued as aforesaid,
	provision may be made, in the discretion of the said
	Mayor and City Council, for the payment of any