626 LAWS OF MARYLAND.

not inconsistent with the provisions of this section. The faith
and credit of the City of Baltimore is hereby pledged for the
fulfillment of all the obligations created by the "General Fund
Bonds." The Commissioners of Finance in the year nineteen
hundred and eleven, and in each and every year until the
maturity of all certificates of indebtedness, bond and stocks
heretofore issued by the city, shall set apart out of the reve-
nues and income of each sinking fund, except the income and
accumulation thereof derived from assets held by said sinking
fund on the first day of January, nineteen hundred and eleven,
and except also the income and accumulation thereof derived
from the amount to be thus annually set apart, a sum which,
with the accumulation of interest thereon, together with the
assets of such sinking fund and the earnings and accumula-
tions thereof, shall be sufficient to redeem at maturity all said
certificates, bonds or stock redeemable from said fund. As
soon as convenient, before the meeting of the Council in the
year nineteen hundred and ten, held for the purpose of con-
sidering the- Annual Ordinance of Estimates, and thereafter
at least five weeks before such' annual meeting in every year
for such purpose, the Commissioners of Finance may, in their
discretion, certify to the Board of Estimates the amount esti-
mated by the said Commissioners of Finance as income from
all sources from each of said sinking funds during the then
calendar year, and the amount required by this section to be
set apart for such calendar year out of such revenues and
income for the redemption of certificates, bonds or stock to
which said fund is pledged. If in any year the estimated
amount of revenues or income of any sinking fund or funds,
excepting the income and accumulation thereof derived from
the assets held by such fund on the first day of January, nine-
teen hundred and eleven, and from the amounts annually set
apart for the redemption of certificates, bonds and stocks as
by this section required, shall exceed the amount required to
be set apart in such year as in this section provided, the Com-
missioners of Finance may, in their discretion, at the time of
making and certifying to the Board of Estimates, determine
to invest the whole or any part of such excess in "General
Fund Bonds" for account of such sinking fund or funds; but
such investment shall not be made in any year until the
amount required by this section to be set apart for such year,
as provided herein, shall have been so set apart. The Commis-
sioners of Finance shall then notify the City Register of the
amount or amounts, if any, which it has been determined to
invest in "General Fund Bonds" during the current year; the
City Register, upon their, order and upon receipt of the money
thus to be invested, shall issue and deliver to the Commis-