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Session Laws, 1910 Session
Volume 487, Page 641   View pdf image (33K)
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CITY OF BALTIMORE. 641

of Baltimore or said Commission, if power to make such sales
be, as it may be, delegated by ordinance to said Commission,
for such prices, at such times and on such terms as may by
ordinance be provided. The moneys arising from such sales
are to be paid into the city treasury and kept apart as a
separate fund to be known as "Commission on City Plan
Fund" and are to be exclusively used by said "Commission on
City Plan" for such public improvements as may be approved
by said Commission and authorized by ordinance of the Mayor
and City Council of Baltimore.

SEC. 5. And be it further enacted, That for the purpose of
providing the moneys requisite for opening, constructing and
establishing said highway, and purchasing or acquiring said
property, the Mayor and City Council of Baltimore is hereby
authorized to issue the stock of the said corporation to an
amount not exceeding one million ($1,000,000) dollars, face
value thereof, said stock to be issued from time to time and to
bear such rate of interest, and to mature at such time or times
as the Mayor and City Council of Baltimore may, by ordinance,
provide; provided, however, that said stock shall not be issued
in whole or in part unless and until an ordinance of the Mayor
and City Council of Baltimore providing for the issuance there-
of shall be submitted to the legal voters of the City of Balti-
more at such times and place or places as may be fixed by said
ordinance and be approved by a majority of the votes cast at
such time and place or places as required by Section 7, Article
11 of the Constitution of Maryland. If issued pursuant to
said approval the Mayor and City Council of Baltimore shall
levy in each and every year upon all property liable to taxation
in Baltimore City, a sufficient sum to pay the interest on said
stock and to create a sinking fund sufficient, with the aid of
any premium on the sale thereof, to redeem said stock at
maturity.

SEC. 6. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved April 5, 1910.

CHAPTER 245.

AN ACT to add to Article 4 of the Public Local Laws, entitled
"City of Baltimore," subtitle "Police Commissioners," as
amended by Chapter 741 of the Acts of 1908, a new section, to
follow Section 745a, and to be designated as Section 745H,
said new section relating to the salary of Captain of Detec-
tives.


 

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Session Laws, 1910 Session
Volume 487, Page 641   View pdf image (33K)
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