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Session Laws, 1944 (Special Session)
Volume 573, Page 43   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 43

part unless the ordinance or ordinances of the Mayor and
City Council of Baltimore providing for the issuance thereof
shall be submitted to the legal voters of Baltimore City at
such time and place as may be fixed by said ordinance or
ordinances 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 or ordi-
nances for the issuance of said certificates of indebtedness to
the legal voters of Baltimore City may submit the same at any
Municipal Election as well as at any General Election.

SEC. 2. And be it further enacted, That the proceeds of said
certificates of indebtedness, not exceeding their par value,
hereby authorized to be issued shall be used for the acquisition
by purchase or condemnation of land in the City of Baltimore
and erecting thereon a building in which to house the People's
Court of Baltimore City and to purchase the necessary equip-
ment and furniture for said Court; and to erect such other
building or buildings as the Mayor and City Council of Balti-
more shall by ordinance or ordinances direct.

If the Mayor and City Council of Baltimore shall determine
that it now owns land applicable to the erection of said build-
ing or buildings the whole of the proceeds of the certificates
of indebtedness hereby authorized may be used for the con-
struction of such building or buildings as the Mayor and City
Council of Baltimore shall by ordinance or ordinances provide.

SEC. 3. And be it further enacted, That the Mayor and City
Council of Baltimore may by ordinance or ordinances author-
ize the issuance of said certificates of indebtedness in series
maturing at stated periods and may make payable annually
a portion 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 ordi-
nance or ordinances, and said certificates of indebtedness, when
issued, shall bear interest at such rate or rates as may be
provided by or under the authority of said ordinance or ordi-
nances. If said certificates are issued in series maturing at
stated periods, and a portion of the principal is made payable
annually, the Mayor and City Council of Baltimore shall
annually raise by taxation the amount of money required to
meet the interest and the portion of the principal payable in
said year. If said certificates are not issued in series, any

 

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Session Laws, 1944 (Special Session)
Volume 573, Page 43   View pdf image (33K)
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