3154                                                VETOES

Therefore, it is unnecessary for me to sign House
Bill 1490.

Sincerely,

/s/ Marvin Mandel

Governor

House Bill No. 1491 — Baltimore City Payments on
Revenue Bonds

AN ACT concerning

City of Baltimore — General Powers

FOR the purpose of authorizing the Mayor and City Council
of Baltimore to pledge or assign, for the payment of
principal and interest on its revenue bonds, any
contracts, mortgages or other securities, or the
revenues therefrom, purchased or otherwise acquired
with the proceeds of the revenue bonds; to enter
into trust agreements with a corporate trustee,
which may be any trust company or bank having trust
powers within or without the State, in order to
secure its revenue bonds, to pledge or assign to the
trustee all or any part of the revenues from or
arising in connection with the properties,
facilities, developments and improvements financed
by the issuance of the revenue bonds, the revenues
from or arising in connection with any contracts,
mortgages or other securities purchased with the
proceeds of the revenue bonds, or the contracts,
mortgages or other securities purchased or otherwise
acquired with the proceeds of the revenue bonds, to
provide certain bondholer remedies; generally
relating to the issuance of revenue bonds by
Baltimore City; and making this Act an emergency
measure.

May 31, 1974.

Honorable John Hanson Briscoe
Speaker of the House of Delegates
State House
Annapolis, Maryland 21404

Dear Mr. Speaker:

In accordance with Article II, Section 17, of the
Maryland Constitution, I have today vetoed House Bill
1491.