34 LAWS OF MARYLAND [CH. 8

public use, being hereby expressly authorized; to auth-
orize said municipality to submit an ordinance or ordi-
nances for said purpose to the legal voters of Baltimore
City; and declaring this Act to be an emergency law.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That the Mayor and City Council of Baltimore be and it
is hereby authorized to issue the certificates of indebtness
of said corporation to an amount not exceeding one mil-
lion dollars ($1, 000, 000), said certificates of indebtedness
to be issued from time to time and for such amounts,
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 pro-
vide; but said certificates of indebtedness shall not be is-
sued, 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 ordinances, and be approved by a
majority of the votes cast at such time and place, as re-
quired 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 indebtedness, or any part thereof,
to the legal voters of Baltimore City, may submit and re-
submit the same at any municipal election as well as at
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 there-
of, shall be used for the purpose of enlarging, extending
and improving; the municipal conduit system of the Mayor
and City Council of Baltimore, including the acquisition,
by purchase or condemnation, of existing conduit systems,
and of any and all land and property, and of any right,
interest, franchise, easement or privilege therein, as may
be necessary for the enlargement, extension and improve-
ment of said municipal conduit system the acquisition of
all such existing: conduit systems, land, property, rights,
interests, franchises, easements and privileges, including
such as are devoted to public or quasi public use, being
hereby expressly authorized.

SEC. 3. And be it further enacted, That the Mayor and
City Council of Baltimore may, by ordinance or ordinances,
authorize the issuance of said certificates of indebtedness
in series maturing at stated periods, and may make pay-