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Session Laws, 1947
Volume 411, Page 57   View pdf image (33K)
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WM. PRESTON LAND, JR., GOVERNOR. 57

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 45.
(Senate Bill 141)

AN ACT to authorize the Mayor and City Council of
Baltimore to issue certificates of indebtedness of said
corporation to an amount not exceeding Three Million
Dollars ($3,000,000.00), the proceeds of the same to be
expended for the purchase, acquisition, installation and
erection of any and all kinds of classroom, educational
or auxiliary equipment for the educational system of
the Mayor and City Council of Baltimore or for altera-
tions to, or the replacement of, any such existing equip-
ment now owned by the Mayor and City Council of
Baltimore; and to authorize said municipality to submit
an ordinance or ordinances for said purpose to the legal
voters of Baltimore City, and declaring this act to be
an emergency law.

SECTlON 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 Three
Million Dollars ($3,000,000.00), 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 ordinances 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 ordinances 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 Consti-
tution 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 municipal election as well
as at any general election to be held in Baltimore City,

 

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Session Laws, 1947
Volume 411, Page 57   View pdf image (33K)
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