The Board of Finance is authorized and empowered in its discretion to invest moneys belonging to the various sinking funds for the redemption of the public debt of the City in certificates of indebtedness of the City, of the State of Maryland, or of the United States. The Board of Finance is also authorized and empowered in its discretion to invest any of said moneys in the purchase of redeemable annuities or ground rents reserved out of lands heretofore leased to the Mayor and City Council of Baltimore and payable by said City, the conveyances thereof to be made to the Mayor and City Council of Baltimore, in trust for the benefit and purpose of said sinking fund in accordance with the provisions of <cite data-doc="City of Baltimore, Md., Charter" data-path="II|§(33)">Article II, § (33) of the Baltimore City Charter</cite>. City Code, 1893, art. 47, §19 1927, art. 43, §18 1950, art. 34, §5 1966, art. 5, §18 1976/83, art. 5, §18 Ord. 1881-081 Ord. 46-406