LAWS OF MARYLAND. [CH. 189

CHAPTER 189.

AN ACT to empower the Mayor and City Council of Baltimore
to issue the stock of said corporation to an amount not ex-
ceeding one million dollars for the purpose of providing
extensions to the underground conduits and their appurte-
nances, including distributing poles, built under the direc-
tion of the Electrical Commission, in the City of Baltimore,
and to authorize the submission of an ordinance for that
purpose to the legal voters of said city; said extensions to
be made in accordance with the authority vested in said
Electrical Commission by Ordinances Nos. 106, 107 and
108 of the Mayor and City Council of Baltimore, approved
August 25,. 1898, and all amendments thereof or supple-
ments thereto passed by virtue of the provisions of Chapter
200 of the Acts of the General Assembly, enacted during
the Session of the year 1892.

SECTION 1. Be it enacted by the General Assembly of
Maryland, 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 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 amounts and to
be payable at such times, and to bear such rate of interest as
the Mayor and City Council of Baltimore shall by ordinance
provide; provided, however, that not more than five hundred
thousand dollars ($500, 000) of said stock shall be issued in
any one year; and the proceeds thereof to be used for the pur-
pose of providing extensions to the underground conduits and
their appurtenances, including distributing poles built under
the direction of the Electrical Commission in said city; said
extensions to be in accordance with the authority vested in said
Electrical Commission by Ordinances Nos. 106, 107 and 108 of
the Mayor and City Council of Baltimore, approved August 25.
1898, and all amendments thereof or supplements thereto,
passed by virtue of the provisions of Chapter 200 of the Acts
of Assembly of Maryland enacted during the Session of the
year 1892, but said stock shall not be issued in whole or in part
unless the ordinance of the Mayor and City Council of Balti-
more providing for the issuance thereof, shall be submitted
to the legal voters' of Baltimore at such time and place as
may be fixed by said ordinance, and be approved by a majority
of the votes cast for and against said ordinance at such time