ELIHU E. JACKSON, ESQUIRE, GOVERNOR. 175
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Chapter 131.
AN ACT to repeal the act entitled "An act to
authorize the Mayor and City Council of Bal-
timore to issue the stock of said corporation to
an amount not exceeding five millions of dol-
lars for permanent public improvements, the
opening of streets and constructing sewers,"
approved May the third, eighteen hundred and
eighty-two, and to re-enact the same with
amendments.
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SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That section one of the act en-
titled " An act to authorize the Mayor and City
Council of Baltimore to issue the stock of said
corporation to an amount not exceeding five mil-
lions of dollars, for permanent public improve-
ments, the opening of streets and constructing
sewers," approved May the third, eighteen hun-
dred and eighty -two, be and the same is hereby
repealed and re-enacted so as to read as follows :
Be it enacted by the General Assembly of Mary-
land, That the mayor and city council of Balti-
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Repealed and
re-enacted.
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more be and it is hereby authorized to issue the
stock of the city of Baltimore for the amount of
five millions of dollars ; said stock to be issued
from time to time as the mayor and city council
of Baltimore shall, by ordinance, prescribe, the
proceeds of said stock to be used for the opening,
widening, repaving and paving of streets, the
constructing of sewers, the supplying of school
buildings in the city of Baltimore, and the im-
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Amount of
stock to be is-
sued.
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provement of the public parks. The said stock
shall be in such amounts, payable at such time
or times, and shall bear such rate of interest as
the said mayor and city council of Baltimore
shall provide by ordinance, but the said s'tock
shall not be issued unless the ordinance which
the mayor and city council of Baltimore is here-
by authorized to enact shall be approved by a
majority of the votes of the legal voters of said
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Amounts —
when payable.
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city, cast at the time and place to be appointed
by said ordinance in the provision for submitting
the same to the legal voters of said city, as re-
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How ratified.
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