The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-02-27

noioer IN tne companies respectively to which such
transfer shalt be made, to the amount Of the sum so
transferred estimating each share of the stock of
the Nam stem, with the dividend at seventy dollars
ana twenty cents and each share of the Washing
ton branch stock at one hundred and eight dollars
Provided that no transfer OF stock shall be made
until the company applying for the same shall sat
lsly the Governor of the State that subscription
TO the capital stock of such company is made by
other bona tde and responsible parties of an
amount equal to the value of all the shares by this
act, required to be transferred to such company
Ana when the Governor shall certify that the re-
qulrements of this act complied with then on
such certificate the Treasurer shall from time to
time transfer portion of the whole amount OF
shares herein assigned, with the dividend to such
company as will be equal to the amount paid by
other stockholders. And the State shall be entitled
TO the same dividends upon its shares is paid to
other stockholders.
See. 3. And be it enacted, That the Baltimore
and Ohio Railroad Company shall deliver to any
company to whom any stock shall be transferred,
the dividend due thereon and all hinderinp inpedi-
ments to such delivery are hereby removed And
the State shall retain four directors in said Balti
more and Ohio Railroad Company, notwithstanding
the assignment of the interest in said work herein
made.
! Sec. d. And be it enacted That the several
counties within whose limits the Improvements for
whose benefit the appropriations herein made To-
Gated shall receive the stock of said Companies at the
par value thereof, whenever the interest OF the
State IN the several Internal improvement Compa-
MES, shall be distributed provided by the Consti-
ton of the State.
Sec. s. And be it enacted That before any of the
companies herein mentioned can enjoy the benefits
of this act the stockholders thereof shall in gen
eral meeting assembled, accept the same, and cause
a certificate 10 that effect to be signed nby their
President and sealed with their SEAL and fled with
the Secretary of State, who shall preserve the
same
Sec Q. And be it enacted, That the several com
panes to whom any of the above mentioned shares
shall be transferred, shall not dispose of the same
for less sum than that at which said shares are
rated to them by this act; and the State shall be
entitled to number of directors in each company
participating in this fund, equal to the number rep
resenting all other interests stockholders, to be
appointed in the manner as the directors in
all other works of Internal Improvement are ap-
pointed, where the State has representative
Sec 7. And be it enacted, That this assignment of
the aforementioned shares to the several parties
herein mentioned, shall be in full satisfaction and
liquidation OF any and all claim in law in equity,
which the several counties Internal Improvement
Companies the Eastern Shore have, or can have
by or under the original act of 1885, chap 1885,
SEC s. And be it enacted, That this act shall take
effect from the date of its passage.
Was read, and ordered TO be printed
HOUSE OF DELEGATES.
Petitions Presentea.-By Mr.. McGinnis against
making Chester Bridge free. Mr.. Worthington, to
sell free negroes for debt Mr. Marruder TO EN-
power the Sheriff of Calvert county to collect the
taxes. MIR. Stirling, to incorporate Union Grand
Lodge of Colored Masons. Mr.. Grieyes, for further
legislation relative to assaults and batteries. Mr..
Kidd three petitions for general school system
IN Cecil county. Also relative to trespasses of live
stock on the public roads of said county Also to
protect wild fowl above Spesusa Island Also
against any law relative to gill nets. Also, to pro-
hibit the sale of Intoxicating liquors in North Fast
Cecil county. Mr.. Kennard of $50 citizens of Bal
tmore for an exemption to the extent of $50.
The Committee on Claims were discharged from
the memorial of John D. Ellis, and it was referred
to the Committee on Pensions.
Leaves to Report BWs.-To release parsonage
property in Annapolis from taxation. Mr. Thurs
ton to refund a sum of money to VIM. Barbaud.
Mr.; Mchinstry to incorporate Unontown, in Car
roll County. Mr.. Yelling to allow the removal of
criminal cases to Howard county from Baltimore
city. Mr. Belt, for adjusting the boundary between
Prince Georges, Montgomery, and Howard coun-
Journals from 1916 to 1858. Mr.. Crowley, relative
to the sale OF fresh meats in Baltimore city. Mr.
Wlckes, for new election district in the second
election district of Kent county. Mr.. McGonigle
to provide board of examiners OF primary school
teachers in Caroline county.
Mir. Belt offered a preamble and resolutions thai
the House made mistake and erred in passing DR..
Grieves' preamble and resolutions, censuring the
conduct of Gov. Lyon for his course in relation TO
the Baltimore election Mr.. Sterling raised point
of order, and the Speaker decided them out of or
der. From this decision Mr.. Belt appealed, and
the decision was sustained-yeas AZ, nays Is.
Mr.. McKinstry offered resolutions to furnish Cal
vert College with 40 rifles, DC.
Bills Reported.-By Mr.. Thomas, for relief of rep.
personalities of Fl. Watkins Nj. Grieves to ena-
bic G. \. & NJ. j. Frances to hold real estate Mr.
Davis, to refund taxes to Mary Tabler. Mr. Har-
rington, Incorporating Union Gas Company of Bal
timore-also, the Towsontown Railroad Company-
also, prescribing the number Of sheets to the rean
OF paper, Mr. Magruder, to make valid deed
hnm ). }. Bowen and wife. Mr. Alexander, rela-
tive to lines in where parties appoint special
judges-aso, 10 require clerks to make entries and
do acts IN certain cases, in the absence of the
judges
Mr.. Sterling to tax property heretofore exempt
ed Nj. Dahl to refund a sum of money to VIM.
Barbauld. Mr. Goldsborough, increasing the DOW
ers OF the Curtis Creek Wharf and Railroad Com
pany. Mr.. Rohrer to sell piece of ground by the
NJ g. church in Sharpsburg Also, for the sale Of
certain parsonage property. Mr.. Mackubbin to
exempt from taxation parsonage property in Anna
polls; Mr.; smith, of BALTIMORE county, for more
speedy collection of taxes in Baltimore county
Mr.. alker, changing the name of Lucretia Smith
son to Lucretia Borley. Mr.. Forrest to exempt
$500 worth of property from execution. Also rela-
Office of Baltimore city.
Mr.. Sterling reported favorably on the Insane
Hospital bill. Mr. McKinstry, on the bill to amend
/ the charter of the State Agricultural College.
! Mr.. Dorsey reported that no further legislation
is necessary to prevent the introduction of fraudu
lent lotteries into this State, provision being made
! by oh. rs, of 1856
| Mr.. Sudler, of Somerset, Chairman of the Com
mlttee on the Executive Contingent Fund made a
report that no blame intended to be attached to
Col 6. p. Kane, adopted and ordered to be print
/ ed, with Col. hane's memorial on the subject
| A message was received from the Senate to refer
the new code to Joint committee to sit during the
recess, and naming Messrs Mccullough, Brooke
Daniel Wallace, Smith and Webster. On motion
of Mr.. Alexander message was returned concur
ring, and naming Messrs. Alexander, Sterling,
Goldsborough, Beet, Hobbs, Thruston and Magru-
der, on the part of the House. Mr.. Alexander made
report on the subject, which was adopted
BILE Passed. Repeating resolution No. of 1910.
&c Toprotect the State House from fire. SC TO
light up the streets of Hagerstown. For the benefit
OF the school fund of Baltimore county. To refund
sum of moneyto q. Marshall. To facilitate the
collections of taxes in Baltimore county Incor-
porating the Chesapeake Fire Insurance Company,
the Miller Coal Company, the Hagerstown Coal
Company.
The general school bill was then resumed
Mr. Thruston made powerful appeal in support
of the bill
Toward the close of the days session, the discus
sou took party turn.
lost. -
All in relation to the General Superintendent was
stricken out.