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CHAP. 401
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tion in the city of Baltimore a sum sufficient, with the aid of
the assessments hereinafter mentioned, to pay the interest
accruing on said amounts of stock and to create a sinking
fund sufficient, with the aid of any premiums on the sale
thereof, to redeem said amounts of stock at their respective
dates of maturity.
SEC. 7. And be it further enacted, That said commission be
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Assessment to
be made.
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and it is hereby required according to such system, or sys-
tems of procedure, and in such manner generally as shall be
prescribed by the Mayor and City Council of Baltimore to
assess two-thirds of the entire cost of grading, shelling,
graveling, macadamizing, paving or otherwise surfacing and
kerbing, re-grading, re-shelling, re-graveling, re-macadamiz-
ing, re-paving or otherwise re-surfacing and re-curbing any
public lane, alley, avenue, street or highway, or part thereof,
in the city of Baltimore under this Act, which, in the judg-
ment of said commission, should be so improved, not includ-
ing, however, any portion of the cost of the cross public
highways, which, as well as the remaining one-third of said
entire cost, shall be borne by the Mayor and City Council of
Baltimore and also 3 per centum of said two-thirds of said
entire cost for costs and expenses upon the property binding
upon such public lane, alley, avenue, street or highway or
part thereof; and the Mayor and City Council of Baltimore
is hereby, authorized and directed to provide for the payment
of such assessments, including said 3 per centum thereof, in
such number of annual instalments as it may deem proper,
together with such interest thereon, not exceeding 5 per
centum per annum, as it may deem expedient, with such
provision also for the pre-payment, or the pre-payment
with discounts of such assessments, including said 3 per
centum thereof, at the option of the owners of said
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Liens on the
property.
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property, as it may decide upon; and said assessments,
including said 3 per centum thereof, together with said
interest thereon, shall be liens on the parcels of said prop-
erty upon which said assessments shall be respectively
assessed in the same way that other city taxes in the city of
Baltimore are now liens, and shall be collected and enforced
as other city taxes in the city of Baltimore are now collected
and enforced, or in such other manner as the Mayor and
City Council of Baltimore shall prescribe; provided, how-
ever, that reasonable notice and an opportunity to be heard
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