ALBERT C. RITCHIE, GOVERNOR. 589
CHAPTER 328.

AN ACT to authorize the Mayor and City Council of Balti-
more to issue certificates of indebtedness of said corpora-
tion to an amount not exceeding Three Million Dollars
($3, 000, 000) for the purpose of defraying the cost and ex-
penses of the acquisition by purchase or condemnation of
land and construction thereon of a Free Public Library in
Baltimore City; authorizing the submission of an ordinance
for that purpose to the legal voters of the City of Baltimore;
empowering the Mayor and City Council of Baltimore to
provide by ordinance for the expenditure of the proceeds
of said loan; and for the control and management of the
Library, and providing for the method of expenditure of said
certificates of indebtedness.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and City Council of Baltimore be, arid it
is hereby authorized to issue the certificates of indebtedness
of said corporation to an amount not exceeding, three million
dollars ($3, 000, 000), said certificates of indebtedness to be
issued from time to time and for such amounts, payable at
such periods and to bear such rate of interest, all as the Mayor
and City Council of Baltimore shall by ordinances from time
to time provide but no stock or bonds shall 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 sub-
mitted to the legal voters of Baltimore City at such time and
place as may be fixed by said ordinance, and be approved by
a majority of the votes cast at such time and place as required
by Section 7 of Article 11 of the Constitution of Maryland, and
the Mayor and City Council of Baltimore in submitting the
ordinance for the issuance of said stock or bonds to the legal
voters of Baltimore City may submit the same at the Muni-
cipal Election to be held in Baltimore City on the first Tues-
day after the first Monday in May, 1927; and the Mayor and
City Council of Baltimore in submitting the ordinance for the
issuance of said stock or bonds to the legal voters of Balti-
more City may submit the same at any Municipal Election as
well as any General Election.

SEC. 2. And be it further enacted, That the proceeds of the
certificates of indebtedness not exceeding their par value here-
by authorized to be issued shall be used for the acquisition by
purchase or condemnation of land and construction thereon
of a free public library in Baltimore City.