590 LAWS OF MARYLAND. [CH. 329

SEC. 3. And be it further enacted, That the Mayor and City
Council of Baltimore may by ordinance authorize the issuance
of said certificates of indebtedness in series, maturing at stated
periods, and may make payable annually a proportion of the
principal of said certificates of indebtedness; and any portion
or all of said certificates may be registered, or not registered,
and said certificates or any portion thereof, shall have interest
coupons attached, or said certificates, or any portion thereof
shall not have interest coupons attached as may be provided
by or under the authority of said ordinance; and said certifi-
cates of indebtedness when issued shall bear interest at such
rate or rates as may be provided by or under the authority of
said ordinance. If said certificates are issued in series matur-
ing at stated periods, and a proportion of the principal is
made payable annually, the Mayor and City Council of Balti-
more shall annually raise by taxation the amount of money
required to meet the interest and the proportion of the princi-
pal payable in said year. If said certificates are not issued in
series, any premiums realized above the par value of the whole
amount of said certificates shall constitute a part of the sink-
ing fund created for the purpose of paying the loan herein
authorized; if said certificates of indebtedness are issued in
series, such premiums shall be placed to the credit of any
existing sinking funds established for the payment of any loans
of the Mayor and City Council of Baltimore.

SEC. 4. And be it further enacted, That this Act is here-
by declared to be an emergency law and necessary for the
immediate preservation of the public health or safety and
passed upon a yea and nay vote supported by three-fifths of
all the members elected to each of the two houses of the Gen-
eral Assembly, and shall take effect from the date of its passage.

Approved April 1, 1927.

CHAPTER 329.

AN ACT to repeal and re-enact with amendments Section 54
of Article 23, of the Code of Public Local Laws of Mary-
land, title "Wicomico County, " sub-title "Justices of the
Peace and Constables, " and to add thirteen new Sections
to said Article 23 of the Code of Public Local Laws of
Maryland, title "Wicomico County, " sub-title "Justices of
the Peace and Constables, " to be known as Sections 54-A,
54-B, 54-C, 54-D, 54-E, 54-F, 54-G, 54-H, 54-1, 54-J, 54-K,