WM. PRESTON LANE, JR., GOVERNOR. 141

Hundred and Fifty Thousand Dollars ($250,000.00) may
be used for deferred maintenance, modernization and im-
provement of the main or central building of the Enoch
Pratt Free Library system and its facilities now located
on Cathedral Street, between Mulberry and Franklin
Streets, in the City of Baltimore, State of Maryland.

SEC. 3. And be it further enacted. That the Mayor and
City Council of Baltimore may, by ordinance or ordi-
nances, authorize the issuance of said certificates of in-
debtedness in series maturing at stated periods, and may
make payable annually a portion of the principal of said
certificates of indebtedness, and any portion or all of said
certificates of indebtedness may or may not be registered,
and said certificates of indebtedness, or any portion there-
of, may or may not have interest coupons attached, all as
may be provided by or under the authority of said ordi-
nance or ordinances, and said certificates of indebtedness,
when issued, shall bear interest at such rate or rates as
may be provided by or under the authority of said ordi-
nance or ordinances. If said certificates of indebtedness
are issued in series maturing at stated periods, and a por-
tion of the principal is made payable annually, the Mayor
and City Council of Baltimore shall annually raise by
taxation the amount of money required to meet the interest
and the portion of the principal payable in each year.
If said certificates of indebtedness are not issued in series,
any premiums realized above the par value of the whole
amount of said certificates of indebtedness shall constitute
a part of the sinking fund created for the purpose of
paying the loan herein authorized, and if said certificates
of indebtedness are issued in series, the net premiums
resulting from sale of the entire loan shall be placed to the
credit of any existing sinking funds established for the
payment of any loans of the Mayor and City Council of
Baltimore.

SEC. 4. And be it further enacted, That the Mayor and
City Council of Baltimore may, by one ordinance, submit
the whole of this loan to the legal voters of Baltimore City
at one time, or it may, by one or more separate ordinances,
submit a part of said loan to the legal voters of said City
at different times; and any ordinance or ordinances sub-
mitting the whole or any part of this loan to the legal
voters of Baltimore City shall provide for the expenditure
of the proceeds thereof in accordance with the provisions
of the Charter of the Mayor and City Council of Balti-
more, and by the municipal agency designated in the