WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 173
Approved April 10, 1880.
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CHAPTER 116.
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AN ACT to authorize the Mayor and City Council
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of Baltimore to issue its bonds or certificates of
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indebtedness to an amount not exceeding five hun-
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dred thousand dollars, for the purpose of providing
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means for repaving certain streets in said city.
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SECTION 1. Be it enacted by the General Assem-
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bly of Maryland, That the Mayor and City Council
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of Baltimore be and they are hereby authorized to
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Authorized
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issue bonds or certificates of indebtedness to an
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to issue bonds
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amount not exceeding five hundred thousand dol-
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lars, from time to time as the same may be required,
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payable at such time and bearing such rate of inter-
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est, not exceeding five per centum per annum, as
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the said Mayor and City Council of Baltimore shall
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provide by ordinance, to be adopted at the present
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session of the City Council of Baltimore, for the ex-
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clusive purpose of defraying the city's portion of
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laying improved and more durable pavements in
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such of the paved streets of the city of Baltimore,
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as the said Mayor and City Council of Baltimore
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may deem necessary ; provided, however, that the
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said bonds or certificates of indebtedness shall not
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be issued until the ordinance, which the said Mayor
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and City Council of Baltimore are hereby author-
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ized to enact, providing for such issue, shall be ap-
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Ordinances
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proved by a majority of the legal votes of said city,
cast at the time and places to be appointed by said
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to he approv-
ed.
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ordinance in the provision for submitting the same
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to the legal voters of said city as required by sec-
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tion seven, article eleven, of the Constitution of
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Maryland, and provided further that said bonds or
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certificates of indebtedness shall not be sold for less
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