THEODORE R. MCKELDIN, GOVERNOR 409

poration to an amount not exceeding One Million Dollars
($1, 000, 000), the proceeds of the same to 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 neces-
sary for the enlargement, extension and improvement of
said municipal conduit system, the acquisition of all such
existing conduit systems, land, property, rights, inter-
ests, franchises, easements and privileges, including such
as are devoted to public or quasi public use, being hereby
expressly authorized; and to authorize said municipality
to submit an ordinance or ordinances for said purpose
to the legal voters of Baltimore City.

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
indebtedness of said corporation to an amount not exceed-
ing One Million 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 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 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
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 author-
ized to be issued, not exceeding the par value thereof, shall
be used for the purpose of enlarging, extending and im-
proving the municipal conduit system of the Mayor and
City Council of Baltimore, including the acquisition, by