Theodore R. McKeldin, Governor                    303

ing services or surveys, and any other activities relating to planning
for the purposes above mentioned or relating to planning for future
projects of the same general character, which may be constructed
out of future loans; conferring certain powers upon the Board
of School Commissioners of Baltimore City; imposing certain con-
ditions in connection with the expenditure of the proceeds derived
from the sale of said certificates of indebtedness; and authorizing
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 exceeding Five Million Dollars ($5,000,000), 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 Bal-
timore 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 ap-
proved by a majority of the votes cast at such time and place, as
required by Section 7 of Article XI 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 in-
debtedness, 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
said certificates of indebtedness hereby authorized to be issued, not
exceeding the par value thereof, shall be used for the acquisition, by
purchase, condemnation or any other legal means, of land or property,
or any rights therein, in the City of Baltimore, and constructing and
erecting on said land or property, or on any land or property now
or hereafter owned by the Mayor and City Council of Baltimore, new
school buildings, athletic and other auxiliary facilities, and for addi-
tions and improvements to, or the modernization or reconstruction
of, existing school buildings or facilities, and for equipment for any
and all new facilities authorized to be constructed or erected by the
provisions hereof, and for architectural or engineering services or
surveys, and any other activities relating to planning for the pur-
poses above mentioned or relating to planning for future projects of
the same general character which may be constructed out of future
loans.

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 cer-