22                                LAWS OF MARYLAND                          [CH. 12

authorized to issue the certificates of indebtedness of said corpora-
tion to an amount not exceeding Seven Million, Five Hundred Thou-
sand Dollars ($7, 500, 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 ordi-
nances, and be approved by a majority of the votes cast at such
time and place, as required by Section 7 of Article XI of the Con-
stitution of Maryland; and the Mayor and City Council of Balti-
more, 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 resubmit 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 thereof, shall be used for the purpose of
enlarging, extending and improving the sanitary sewerage and
storm water drainage systems of Baltimore City, including the con-
struction of additional sewage disposal plants, pumping stations
and other appurtenances, the alteration, repair and improvement of
existing sewage disposal plants, pumping stations and other appur-
tenances, and the acquisition by purchase or condemnation of any
and all sanitary and storm water sewers, sewage disposal plants,
pumping stations and other appurtenances, as well as of any and
all land and property, and of any right, interest, franchise, ease-
ment or privilege therein, as may be necessary for any or all of the
above-mentioned purposes.

To enable it to accomplish and effectuate the objects and pur-
poses of this Act, the Mayor and City Council of Baltimore shall
have the power of purchase and/or condemnation of land and prop-
erty (including the power to purchase and/or condemn land and
property or any interest therein or appurtenant thereto devoted to
public or quasi public use) as is conferred upon the Mayor and City
Council of Baltimore or any agency thereof by Chapter 349 of the
Acts of the General Assembly of 1904, authorizing the establish-
ment of the sanitary sewerage and storm water drainage systems
of Baltimore City.

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 payable annually a portion of the
principal of said certificates of indebtedness, and any portion or all
of said certificates of indebtedness may or may not be registered,
and said certificates of indebtedness, or any portion thereof, may
or may not have interest coupons attached; all as may be provided
by or under the authority of said ordinance 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