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Session Laws, 1914
Volume 533, Page 501   View pdf image (33K)
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PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 501

WHEREAS, An additional number of private properties in
said City will be connected with private sewers before said sew-
erage system will be so far developed as to be connected with
said properties; and

WHEREAS, It would cause great inconvenience and large ex-
pense in the aggregate for the owners of such properties to re-
construct their plumbing systems;

SECTION 1. Now, therefore, be it enacted by the General
Assembly of Maryland, That, in order to provide additional
money for the projection, construction, establishment and com-
pletion of said sewerage system, including in said system the
disposal of sewage and drainage from property belonging to
or under the control of the Mayor and City Council of Balti-
more, the Mayor and City Council of Baltimore is hereby au-
thorized to issue bonds or certificates of stock of said corporation
for a sum not exceeding three million dollars ($3,000,000), said
bonds or certificates of stock to be issued by ordinance, and to
be issued for such amounts and to be payable at such time or
times, and to bear such rate of interest, not exceeding 5%, as
the Mayor and City Council of Baltimore shall, by ordinance,
provide; the money so realized from the sale of said stock to
be used for the purposes specified in said Chapter 349 of the
Acts of 1904, and Chapter 630 of the Act of 1910, and to be
expended in accordance with the terms, conditions and pro-
visions of said Act, or any amendments or additions thereto;
said stock shall be sold and issued by the Commissioners of
Finance of the City at the best prices obtainable, in their judg-
ment, therefor. The money received from the sale of said bonds
or stock shall be turned over by them to the Comptroller, to be
by him deposited with the City Register, and to be placed to the
credit of a fund to be known as "The New Sewerage System
Loan No. 3," which shall be exclusively applicable to the cost
of the work authorized by this Act and by said Chapter 349
of the Acts of 1904 and Chapter 630 of the Act of 1910. Ap-
propriations for the cost of said work, based upon the estimates
of said Commission, shall be annually included by the Board
of Estimates in the usual way in the Ordinance of Estimates,
and upon the written requisition, supported by proper vouch-
ers of the Chairman of said Commission, or of the chairman pro
tempore of said Commission, countersigned by the Secretary
of said Commission, or by the secretary pro tempore of said
Commission, either of which officers the said Commission is
hereby authorized to appoint, by vote or resolution, in the

 

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Session Laws, 1914
Volume 533, Page 501   View pdf image (33K)
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