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Session Laws, 1947
Volume 411, Page 52   View pdf image (33K)
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52 LAWS OF MARYLAND. [CH. 43

for the immediate preservation of the public health and
safety, and having been passed by a yea and nay vote,
supported by three-fifths of all the members elected to
each of the two Houses of the General Assembly, the same
shall take effect from the date of its passage.

Approved February 26, 1947.

CHAPTER 43.
(Senate Bill 139)

AN ACT to authorize the Mayor and City Council of Bal-
timore to issue certificates of indebtedness of said cor-
poration to an amount not exceeding two million five
hundred thousand dollars ($2,500,000.00), the proceeds
of the same to be expended for the acquisition, con-
struction, reconstruction, installation, erection, exten-
sion, enlargement, renovation or modernization of, and
additions to, public park buildings, structures, facilities,
or utilities; and to authorize said municipality to submit
an ordinance or ordinances for said purpose to the legal
voters of Baltimore City.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That the Mayor and City Council of Baltimore be and it
is hereby authorized to issue the certificates of indebted-
ness of said corporation to an amount not exceeding Two
Million Five Hundred Thousand Dollars ($2,500,000.00),
the said certificates of indebtedness to be issued from time
to time and for such amounts, and payable at such periods,
and to bear such rate or rates of interest, all as the Mayor
and City Council of Baltimore shall by ordinance or ordi-
nances from time to time provide; but said certificates of
indebtedness shall not be issued in whole or in part unless
an ordinance or ordinances of the Mayor and City Council
of Baltimore providing for the issuance thereof shall be
submitted to the legal voters of Baltimore City at such
time and place as may be fixed by said ordinance or ordi-
nances and be approved by a majority of the votes cast
at such time and place as required by Section 7 of Article
11 of the Constitution of Maryland; and the Mayor and
City Council of Baltimore, in submitting any ordinance
or ordinances for the issuance of said certificates of
indebtedness, or any part thereof, to the legal voters of
Baltimore City, may submit and resubmit the same at any

 

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Session Laws, 1947
Volume 411, Page 52   View pdf image (33K)
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