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THEODORE R. McKELDIN, GOVERNOR 285
payable annually, the Mayor and City Council of Baltimore shall
annually raise by taxation the amount of money required to meet the
interest and the portion of the principal payable in each year. If said
€ertificates of indebtedness are not issued in series, any premiums
realized above the par value of the whole amount of said certificates
of indebtedness shall constitute a part of the sinking fund created
for the purpose of paying the loan herein authorized. If said cer-
tificates of indebtedness are issued in series, the net premiums result-
ing from the sale of the entire loan shall be placed to the credit of
any existing sinking funds established for the payment of any loans
of the Mayor and City Council of Baltimore.
SEC. 4. And be it further enacted, That the Mayor and City
Council of Baltimore may by "one ordinance, submit the whole of this
loan to the legal voters of Baltimore City at one time, or it may by
one or more separate ordinances submit a part of said loan to the
legal voters of said City at different times; and any ordinance or
ordinances, submitting the whole or any part of this loan to the legal
voters of Baltimore City shall provide for the expenditure of the
proceeds thereof in accordance with the provisions of the Charter
of the Mayor and City Council of Baltimore, and by the municipal
agency designated in the annual Ordinances of Estimates of the
Mayor and City Council of Baltimore.
SEC. 5. And be it further enacted, That this Act shall take effect
June 1, 1955.
Approved April 1, 1955.
CHAPTER 203
(Senate Bill 30)
AN ACT to authorize and empower the Mayor and City Council of
Baltimore to enter into, and take water from, the Susquehanna
River at any point in Maryland, except at certain locations, in
order to add to, augment, enlarge and improve the municipal
water supply of the City of Baltimore, and to conduct such water
to the City of Baltimore and its environs for the use of said City
and its inhabitants and such other persons or other legal entities
as may now or hereafter be lawfully furnished water by said
municipality; to authorize the Mayor and City Council of Balti-
more to do certain acts or things in connection with all or any
part or parts of the present water system of Baltimore City and
its appurtenances; and to confer certain powers, duties and obli-
gations on the Mayor and City Council of Baltimore, certain
counties, the State Roads Commission and other legal entities,
and certain officers and agencies thereof , AND CONFERRING
UPON THE MAYOR AND CITY COUNCIL OF BALTIMORE
THE POWER TO CONSTRUCT A LINE OR LINES TO THE
EXPLANATION: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.
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