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Session Laws, 1945
Volume 589, Page 564   View pdf image (33K)
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564 LAWS OF MARYLAND. [CH. 540
CHAPTER 540.

(Senate Bill 498)

AN ACT to authorize the Mayor and City Council of
Baltimore to issue certificates of indebtedness of said
corporation to an amount not exceeding two million five
hundred thousand dollars ($2, 500, 000. 00), the proceeds
of the same to be expended for the purpose of building
and constructing a new jail in the City of Baltimore,
and for acquiring by purchase or condemnation, land
in the City of Baltimore, in sufficient quantity, for the
erection of said jail thereupon, and to be used in con-
nection therewith, as may be provided from time to time,
by ordinance or ordinances of the Mayor and City
Council of Baltimore.

SECTION 1. Be it enacted by thie General Assembly of Maryland,
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 Two Mil-
lion Five Hundred Thousand Dollars ($2, 500, 000. 00), 'the
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 ordi-
nances from time to time provide; but said certificates of
indebtedness shall not be issued in whole or in part unless
an 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 ordi-
nances 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 any ordinance or
ordinances for the issuance of said certificates of indebt-
edness, or any part thereof, to the legal voters of Balti-
more City, may submit and resubmit the same at any
municipal election as well as any general election to be
held in Baltimore City.

SEC. 2. And be it further enacted, That the proceeds
of sale of the certificates of indebtedness hereby authorized
to be issued, not exceeding the par value thereof, shall be
used for the purpose of building and constructing a new
Jail in the City of Baltimore; and for the acquisition by
purchase or condemnation, of land in the City of Balti-
more, in sufficient quantity, for the erection of said Jail

 

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Session Laws, 1945
Volume 589, Page 564   View pdf image (33K)
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