48 LAWS OF MARYLAND. [CH. 11

($20,000,000), proceeds of the same to be expended for the
construction, including the acquisition, by purchase or con-
demnation, of the necessary land, of a through highway or
highways, in and through the City of Baltimore, including
the necessary bridge or bridges, and approaches, the exact
location of said improvements to be determined by ordinance
or ordinances of the Mayor and City Council of Baltimore.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Mayor and City Council of Baltimore be and
it is hereby authorized to issue the certificates of indebtedness
of said corporation to an amount not exceeding Twenty Million
Dollars ($20,000,000), said certificates of indebtedness to be
issued from time to time and for such amounts, and payable
at such periods, and to bear such rate or rates of interest, all
as the Mayor and City Council of Baltimore shall by ordinance
or ordinances from time to, time provide; but no certificates
of indebtedness shall be issued in whole or in part unless the
ordinance or ordinances 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 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 Consti-
tution of Maryland, and the Mayor and City Council of Balti-
more in submitting the ordinance or ordinances for the issuance
of said certificates of indebtedness to the legal voters of
Baltimore City may submit the same at any Municipal Elec-
tion as well as at any General Election.

SEC. 2. And be it further enacted, That the proceeds of the
said certificates of indebtedness, not exceeding their par value,
hereby authorized to be issued, shall be used for the construc-
tion, including the acquisition, by purchase or condemnation,
of the necessary land, of a through highway or highways, in
and through the City of Baltimore, including the necessary
bridge or bridges, and approaches, the exact location of said
improvements to be determined by ordinance or ordinances
of the Mayor and City Council of Baltimore.

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