J. MILLARD TAWES, Governor                       119

(f) The time, place, manner and medium of advertisement of the
readiness of the Commissioners of Finance to receive bids for the
purchase of the bonds authorized to be issued hereunder, or any part
thereof; the form, terms and conditions of such bids; the time, place
and manner of awarding bonds so bid for, including the right when-
ever any of the bonds authorized by this Act are offered for sale and
sold at the same time as other bonds of said corporation, to establish
the conditions for bids and awards and to award all of said bonds on
an all or none basis; and the time, place, terms and manner of settle-
ment for the bonds so bid for.

The ordinance to be submitted to the legal voters of Baltimore
City, or the resolution of the Commissioners of Finance authorizing
the issuance of said bonds, or any portion thereof, as the case may be,
shall set forth in detail the dates when any of the bonds are to mature
and the amount to mature upon such dates.

Sec. 3. And be it further enacted, That the actual cash proceeds
derived from the sale of the bonds authorized to be issued under the
provisions of this Act, not exceeding the par value thereof, shall be
used exclusively for the following purposes, to wit:

(a)    So much thereof as may be necessary, in addition to the pre-
miums realized from the sale, if any, for the cost of issuance, includ-
ing the expense of engraving, printing, advertising, attorney's fees,
and all other incidental expenses connected therewith; and

(b)    The remainder of such proceeds shall be used for the acqui-
sition, by purchase, condemnation or any other legal means, of land
or property, or any rights therein, including any property rights in,
over or under the northwest branch of the Patapsco River, located
in the area in the City of Baltimore generally described as follows:
Beginning at a point at the pierhead and bulkhead line on the north
side of the northwest branch of the Patapsco River, which represents
the intersection of said line with a line representing the east side of
Municipal Pier No. 8, extended; thence in a northerly direction along
the east side of Municipal Pier No. 8 to Lancaster Street, west along
the north side of Lancaster Street to President Street, north along
the east side of President Street to Pratt Street, west along the north
side of Pratt Street to the east side of the Jones Falls, north along the
east side of the Jones Falls to Baltimore Street, continuing north along
the east side of the Fallsway to Hillen Street, west along the north
side of Hillen Street, continuing west along the north side of Pleasant
Street to Guilford Avenue, south along the west side of Guilford
Avenue to Lombard Street, west along the north side of Lombard
Street to Sharp Street (Hopkins Place), south along the west side
of Sharp Street to Hill Street, west along the north side of Hill Street
to Howard Street, south along the west side of Howard Street to Henri-
etta Street, east along the south side of Henrietta Street to Leadenhall
Street, north along the east side of Leadenhall Street to Montgomery
Street, east along the south side of Montgomery Street to Battery
Avenue, south along the west side of Battery Avenue to Warren
Avenue, east along the south side of Warren Avenue, extended, to
Covington Street, north along the east side of Covington Street to
Montgomery Street, east along the south side of Montgomery Street,
extended, to the pierhead and bulkhead line along the south side of the
northwest branch of the Patapsco River, and thence in a straight line