CITY OF BALTIMORE. 653

ceeding one million five hundred thousand dollars, for the
purpose of acquiring, by purchase, condemnation or other-
wise, land for public school buildings, and of constructing
or reconstructing public school buildings.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and City Council of Baltimore be and
it is hereby authorized to issue its stock to an amount not
exceeding one million five hundred thousand dollars, said stock
to be issued from time to time as the Mayor and City Council
of Baltimore shall by ordinance provide; and to be issued for
such amount and to be payable at such time and to bear such
rate of interest as the Mayor and City Council of Baltimore
shall by ordinance provide; and the proceeds of one million
two hundred thousand dollars thereof to be used exclusively
for the purpose of acquiring by purchase, condemnation or
otherwise, land for public school buildings for the elementary
schools, and of constructing and reconstructing public school
buildings for the elementary schools; and the proceeds of
three hundred thousand dollars thereof to be used exclusively
for the purpose of acquiring by purchase, condemnation or
otherwise, land for public school buildings for the secondary
schools and of constructing and reconstructing public school
buildings for the secondary schools; 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 ordi-
nance, 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.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 5, 1910.

CHAPTER 271.

AN ACT to repeal and re-enact with amendments Section 517
of Article 4 of the Code of Public Local Laws of Maryland,
entitled "City of Baltimore," subtitle "Charter," as amended
by the Acts of the General Assembly of Maryland of 1908,
Chapter 246.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 517 of Article 4 of the Code of Public Local
Laws of Maryland, entitled "City of Baltimore," subtitle
"Charter," be and the same is hereby repealed and re-enacted
with amendments, and to read as follows: