CITY OF BALTIMORE. 611

hereby fully authorized to adopt, provided provision is made
in such ordinance or ordinances for reasonable notice to the
owner or owners and for appeals to the Baltimore City Court,
and the right of appeal to the Court of Appeals by any person
interested, including the Mayor and City Council of Baltimore.

SEC. 7. And be it further enacted, That the Mayor and City
Council of Baltimore be and are hereby authorized to issue
stock to an amount not exceeding two million five hundred
thousand dollars, to be issued from time to time and payable
at such time and bearing such rate of interest as the said
Mayor and City Council of Baltimore shall by ordinance pre-
scribe; provided, however, that not more than five hundred
thousand dollars of said stock shall be issued in -any one year.
The proceeds of the sale of said stock shall be used only for
the purpose of providing the costs and expenses of condemna-
tion, opening, grading, paving and curbing the streets, ave-
nues, lanes and alleys of the annex portion of Baltimore City;
said stock shall be sold and issued by the Commissioners of
Finance of the City of Baltimore at the best prices obtainable
in their judgment therefor, and any premiums derived from
the sale thereof shall remain in their hands as part of the
sinking funds hereinafter mentioned for the redemption of
said stocks at maturity. The residue of the money received
from the sale of said stock shall be turned 'over by them to the
Comptroller, to be by him deposited with the City Register,
and to be placed to the credit of a special fund, to be- known
as the "Annex Improvement Fund," which shall be exclusively
applicable to the purposes in the section above specified, and
shall be chargeable with no other items of cost or expense
whatever; provided, however, that not more than five hundred
thousand dollars ($500,000.00) of said stock shall be issued
for any one year after appropriations for the cost of said work
shall have been duly included and allowed for each year in
the usual way in the ordinance of estimates, then, upon the
written requisition of the commission or of its president the
Comptroller shall draw his warrant upon the City Register,
payable out of such appropriations from said special fund for
the amount of all items of cost or expense properly chargeable
upon said special fund; but said stock shall not be issued in
whole or in part unless the ordinance of the Mayor and City
Council of Baltimore providing for the issuance thereof shall
be submitted to the legal voters of the City of Baltimore at
such time and place as may be fixed by said ordinance, 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. If issued pursuant to such approval, the Mayor
and City Council of Baltimore shall levy in each and every