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Proceedings of the Senate, 1916
Volume 658, Page 861   View pdf image (33K)
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1916] OF THE SENATE. 861

any stock, bonds or other debt of the city issued after the
passage of this Act, to refund any or all of the stock, bonds
or other debt of the city issued prior to and existing at the
time of the passage of this Act. ' " Which was read and adopted
by yeas and nays as follows:

Messrs. — AFFIRMATIVE.

President Cooper Holmead Mudd Speicher

Archer Frick Jones Norris Warfield

Bennett Harrison Legg Ogden Zihlman

Total-15

Messrs. — NEGATIVE.

Allen Brown Johnson Kaufman Shepherd
Bomberger Duvall Joy Parsons Williams

Total—10
Also amendments proposed by Mr. Frick:

No. 9—"After the word 'fund' in line 29 of Section 10 of
the printed Bill, strike out the words 'on the stock or, ' and in
lieu thereof insert the words 'and other payments on account
of principal on the stock, bonds or other, ' " [Which was read
and adopted., ]

No. 10—"In line 31 of Section 10 of the printed Bill, strike
out the word 'existing. ' " [Which was read and adopted. ]

No. 11—"After the word 'Act, ' in line 51 of Section 10,
strike out the period, insert a comma and insert the words
'and for the interest and sinking fund and other payments
on account of principal on any stock, bonds or other debt of
the city issued after the passage of this Act, to refund any
or all of the stock, bonds or other debt of the city issued prior
to and existing at the time of the passage of this Act. '"

Substitute amendment proposed by Mr. Frick to Amend-
ment No. 11: "After the word 'Act, ' in line 31 of Section 10
of the printed Bill, strike out the period, insert a comma and
add the words 'And for the interest and sinking fund and
other payments on account of principal, on any stock, bonds
or other debt of the city, issued after the passage of this Act,
to refund any or all of the stock, bonds or other debt of the
city issued prior to and existing at the time of the passage of
this Act; provided that the Jones' Falls Loan of one million
dollars ($1, 000, 000) and the Dock Improvement Loan of two
million dollars ($2, 000, 000), due in 1961, and the Conduit
Loan of two million dollars ($2, 000, 000), due in 1962, and the
New Sewerage Loan of ten million dollars ($10, 000, 000), due
in 1980, shall be excepted from the above provisions as to
existing debt, and no deduction shall be made from the full
city rate, as hereinabove provided, of the amount levied to

 

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Proceedings of the Senate, 1916
Volume 658, Page 861   View pdf image (33K)   << PREVIOUS  NEXT >>


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