EMERSON C. HARRINGTON, GOVERNOR. 1189

nances for reasonable notice to the owner or owners and for
appeals to the Baltimore City Court, and the right of appeal
; o 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 dollars
($2, 000, 000. 00) 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 prescribe;
provided, however, that not more than five hundred thousand
dollars of said stock shall be issued in any one year. The pro-
ceeds of the sale of said stock shall be used only for the pur-
pose of providing the costs and expenses of condemnation,
opening, closing, 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 stock
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 Im-
provement Fund, " which shall be exclusively applicable to the
purposes in this 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 un-
less 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 ma-
jority of the votes cast at such time and place as required by