384                               Laws of Maryland                      [Ch. 126

case may be, shall have the right to reject any or all bids therefor for
any reason, and thereafter reoffer such bonds at public sale as afore-
said, or at private sale, provided that if such bonds be offered at
private sale they shall be offered for sale and sold for not less than
par and accrued interest.

SEC. 2. And be it further enacted, That the Mayor and City Council
of Baltimore be and it is hereby authorized, in the ordinance or
ordinances to be submitted to the legal voters of Baltimore City, from
time to time, (i) to determine and set forth, any or all of the
following, or (ii) to empower a majority of the Commissioners of
Finance of said municipality to pass a resolution or resolutions, from
time to time, to determine and set forth, any or all of the following:

(a)    The amount of the total debt, authorized by this Act and the
ordinance submitted to the legal voters of Baltimore City, which shall
be issued at any particular time;

(b)    The form or forms of the bonds representing the debt, or
any part thereof, so authorized to be issued at any particular time,
including any interest coupons to be attached thereto; the provisions,
if any, for the issuance of coupon bonds; the provisions, if any, for
the issuance of fully registered bonds; the provisions, if any, for
the registration as to principal of any coupon bonds; and the pro-
visions, if any, for the conversion and reconversion into coupon bonds
of any fully registered bonds or coupon bonds registered as to prin-
cipal.

(c)    The denomination or denominations of the bonds to be issued
at any particular time, which shall not be less than One Thousand
Dollars ($1,000.00) each but may be in sums of One Thousand Dollars
($1,000.00) or any suitable multiple thereof, and the place or places
for the payment of principal and interest thereof;

(d)    The rate or rates of interest to be paid in connection with
the bonds to be issued at any particular time, which interest shall
be payable semi-annually;

(e)     Subject to the limitations set forth in Section 1 of this Act,
the date of the bonds issued at any particular time and the maturity
dates of said bonds, including the right of redemption by the City
prior to maturity;

(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.