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Session Laws, 1969
Volume 692, Page 141   View pdf image
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MARVIN MANDEL, Governor                        141

becoming due prior to the maturity date thereof and all of said
certificates of indebtedness, or any portion thereof, may be re-
deemed prior to their maturity date with or without the payment
of any premium in connection therewith, all as may be determined
by the Commissioners of Finance of the Mayor and City Council
of Baltimore at the time of the issuance of said certificates of indebt-
edness. Said certificates of indebtedness shall mature within a period
of thirty (30) years from their respective dates. If said certificates
of indebtedness are issued in series maturing at stated periods, and
a portion of the principal is made 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 certificates of indebted-
ness 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, and if said certificates of indebt-
edness are issued in series, the net premiums resulting from 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.

Chapter 207 of the Acts of 1961, as amended by
Chapter 10 of the Acts of 1962, March 9, Special
Session.

2. (d) The rate or rates of interest to be paid in connection with
the bonds to be issued at any particular time, [not exceeding in any
case five per centum (5%) per annum,] which interest shall be paid
semi-annually;

Chapter 208 of the Acts of 1961, as amended by
Chapter 10 of the Acts of 1962, March 9, Special
Session.

2. (d) The rate or rates of interest to be paid in connection with
the bonds to be issued at any particular time, [not exceeding in any
case five per centum (5%) per annum,] which interest shall be pay-
able semi-annually;

Chapter 210 of the Acts of 1961, as amended by
Chapter 10 of the Acts of 1962, March 9, Special
Session, and Chapter 569 of the Acts of 1968.

2. (d) The rate or rates of interest to be paid in connection with
the bonds to be issued at any particular time, [not exceeding in any
case five per centum (5%) per annum,] which interest shall be pay-
able semi-annually;

Chapter 212 of the Acts of 1961, as amended by
Chapter 10 of the Acts of 1962, March 9, Special
Session, and Chapter 566 of the Acts of 1968.

2. (d) The rate or rates of interest to be paid in connection with
the bonds to be issued at any particular time, [not exceeding in any
case five per centum (5%) per annum,] which interest shall be pay-
able semi-annually;

 

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