CITY OF BALTIMORE. 631

ever, that no part of said stock shall be issued unless, and
until, the said respective ordinance or ordinances of the Mayor
and City Council of Baltimore, providing for issuance thereof,
shall, in each case, at such time and place as may be fixed by
such respective ordinance or ordinances, and be approved by a
majority of the votes cast at such time and place, as required
by Section 7 of Article XI of the Constitution of Maryland
The Mayor and City Council of Baltimore shall levy in each
and every year, upon all property liable to taxation in the
City of Baltimore, a sum sufficient to pay the interest accruing
on the amount of said stock so issued and outstanding and to
create a sinking fund sufficient, with the aid of any premiums
on the sale thereof, to redeem said stock at the date or dates
of maturity thereof, said stock shall be sold and issued by the
Commissioners of Finance of the City of Baltimore, or by such
other department, board, commission or officials as may here-
after be vested with the functions now exercised by the Commis-
sioners of Finance, at the best prices obtainable, in their judg-
ment, therefor, and any premium derived from the sale thereof
shall constitute part of the sinking fund hereinbefore provided
for the redemption of said stock at maturity. The residue of
the money received from the sale of said stock shall be turned
over 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 "Harbor Improvement Fund," which shall be
exclusively applicable to the work and objects provided for by
this Act, after appropriations for the cost of -such work shall
have been duly included and allowed for each year, in the usual
way, in the Ordinance of Estimates, then, upon the written
requisitions of the proper departments, sub-departments,
boards, commissions or officials, the Comptroller shall draw
his warrants upon the City Register, payable out of such
appropriations from said special fund, for the amounts of all
items of cost or expense properly chargeable upon said special
fund.

SEC. 2. And be it further enacted, That the proceeds of the
stock hereby authorized shall be exclusively applicable to and
used for the laying out, projecting, constructing and establish-
ing of a comprehensive system for the improvement of the
water front of, adjacent to and along, the Patapsco river and its
tributaries, both within the limits of the City of Baltimore;
said improvements, among other things, shall include:

1. The making of all such preliminary investigations, maps
and plans, and the doing of all such preliminary work as may
desirably precede the actual laying out, projection, construction
and establishment of said improvements.

2. The laying out, projecting and adopting such system of