390

LAWS OF MARYLAND.

Effective.

SEC. 3. Be it enacted, That this act shall
take effect from the date of its passage.

Approved April 7, 1886.

CHAPTER 235.

AN ACT to authorize the Mayor and City
Council of Baltimore to issue its bonds or
certificates of indebtedness to an amount
not exceeding five hundred thousand dol-
lars, for the purpose of providing means for
repairing certain streets in said city.

SECTION 1. Be it enacted by the General As-
sembly of Maryland, That the Mayor and City
Council of Baltimore be and they are hereby
authorized to issue bonds or certificates of in-
debtedness to an amount not exceeding five
hundred thousand dollars, from time to time

Issue bonds.

as the same may be required, payable at such
times, and bearing interest not exceeding three
and sixty-five-hundredths per centum per an-
num, as the said Mayor and City Council of
Baltimore shall provide by ordinance, to be
adopted at the present session of the City
Council of Baltimore, for the exclusive pur-
pose of defraying the city's portion of laying
improved and more durable pavements in such
of the paved streets of the city of Baltimore
as the said Mayor and City Council of Balti-
more may deem necessary; provided, how-
ever, that the said bonds or certificates of in-
debtedness shall not be issued until the ordi-
nance which the said Mayor and City Council
of Baltimore are authorized to enact providing
for such issue, shall be approved by a major-
ity of the legal voters of said city, cast at the

Proviso.

time and place to be appointed by said ordi-
nance in the provision for submitting the same
to the legal voters of said city, as required by
section seven, article eleven of the Constitu-