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Session Laws, 1929
Volume 572, Page 748   View pdf image (33K)
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748 LAWS OF MARYLAND. [CH. 243

of the Port Development Commission heretofore appointed be
affected by anything herein contained.

SEC. 4. And be it further enacted, That no part of the
proceeds of the loan authorized by vote of the legal voters
of Baltimore City on November 6th, 1928, shall be used for
any of the purposes authorized by this Act but not authorized
by Chapter 560 of the Acts of 1920, unless an ordinance or
ordinances of the Mayor and City Council of Baltimore pro-
viding for such use shall have been submitted to the legal
voters of Baltimore City at such time or times and place as
may be fixed therein and be approved by a majority of the
votes cast at such time or times and place as required by
Section 7 of Article 11 of the Constitution of Maryland;
provided that nothing herein contained shall, in the absence
of the passage, submission or approval of such ordinance or
ordinances as are herein authorized be construed to affect the
issuance and/or validity of the stock authorized by vote of
the legal voters of Baltimore City on November 6th, 1928, or
the use of the proceeds from the sale of said stock for the
purposes authorized by Chapter 560 of the Acts of 1920.

SEC. 5. And be it further enacted, That no stock au-
thorized to be issued by Chapter 560 of the Acts of 1920 and
not heretofore issued shall be issued in whole or in part for
any of the purposes herein authorized, but not authorized
by Chapter 560 of the Acts of 1920, unless an ordinance or
ordinances of the Mayor and City Council of Baltimore pro-
viding for the issuance thereof for the purposes herein author-
ized shall have been submitted to the legal voters of Baltimore
City at such time or times and place as may be fixed therein,
and be approved by a majority of the votes cast at such time
or times and place, as required by Section 7 of Article 11 of the
Constitution of Maryland.

SEC. 6. And be it further enacted, That this Act shall take
effect June 1st, 1929.

Approved April 11, 1929.


CHAPTER 243.

AN ACT to authorize the Mayor and City Council of Balti-
more to issue the stock or certificates of indebtedness of said
corporation to an amount not exceeding one million five hun-


 

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Session Laws, 1929
Volume 572, Page 748   View pdf image (33K)
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