48 LAWS OF MARYLAND. [CH. 41
any municipal as well as at any general election to be
held in Baltimore City.
SEC. 2. And be it further enacted, That the proceeds of
sale of the certificates of indebtedness hereby authorized
to be issued, not exceeding the par value thereof, shall
be used for the purpose of enlarging, extending and im-
proving the sanitary sewerage and storm water drainage
systems of Baltimore City, including the construction of
additional sewage disposal plants, pumping stations and
other appurtenances, the alteration, repair and improve-
ment of existing sewage disposal plants, pumping stations
and other appurtenances, and the acquisition by purchase
or condemnation of any and all sanitary and storm water
sewers, sewage disposal plants, pumping stations and
other appurtenances, as well as of any and all land and
property, and of any right, interest, franchise, easement
or privilege therein, as may be necessary for any or all
of the above-mentioned purposes.
To enable it to accomplish and effectuate the objects
and purposes of this Act, the Mayor and City Council of
Baltimore shall have all the power of purchase and/or
condemnation of land and property (including the power
to purchase and/or condemn land and property or any
interest therein or appurtenant thereto devoted to public
or quasi public use) as is conferred upon the Mayor and
City Council of Baltimore by Chapter 349 of the Acts of
the General Assembly of 1904, authorizing the establish-
ment of the sanitary sewerage and storm water drainage
systems of Baltimore City.
SEC. 3. And be it further enacted, That the Mayor
and City Council of Baltimore may, by ordinance, author-
ize the issuance of said certificates of indebtedness in series
maturing at stated periods, and may make payable annu-
ally 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 thereof may
or may not have interest coupons attached, all as may
be provided by or under the authority of such ordinance,
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 such ordinance or ordinances,
not exceeding, however, five per centum per annum. If
said certificates of indebtedness are issued in series matur-
ing at stated periods, and a portion of the principal is
made payable annually, the Mayor and City Council of
Baltimore shall annually raise by taxation the amount of
|
|