Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-04-03

Sec 80 And be At enacted, That if the County Com
m4lsSlonlerS OF any county, or the Mayor and City
Tax Court or Board of Control and Review shall fail
to execute any of the duties imposed them BY this
act' each member OF the body so failing shall be a
BILE to indictment for such default and shall forfeit
sum not exceeding five hundred dollars, but any
member may protect himself from pros eeution as
9l4reSald by glyng Immediate information OF such
default to the Comptroller who shall take such steps
In regard to ne ma,oer as the case may require.
See 81 And be IL enacted, That each assessor shall
receive four dollars day for every day he shall be
actually engaged in the performance of his duties. to
baltimore, and the Mayor and City Council of Balt-
more shall also allow to each Of the members of the
DoaIa OF Control and Review for the services to be
performed by them under this act such compensation
as ln oi, may deem just which shall be paid by the
Sec. g. And be a enacted, That aI fines and for
eIufes imposed by this act shall be recoverable by
ihdlGtmenS IN the Circuit Court of the proper county
in which the person offending may reside or in
the Criminal Court in Baltimore if the person reside
in that city, and one half thereof shall be paid to
the use Of the State
Sec. %. dad be Il enacted That so much of the
several acts heretofore passed in relation to the VAL
uaton and assessment of property i'm this State as
NAV come in conflict with the provisions of K Is act a.
and all laws exemptiDg property from valuation
shall be, and the same are hereby repealed and all
existing laws Of this tate that may come in aid of
% part thereof
Sec b. I'D be it enacted That this act shall take
effect from the date Of its passage. mh29-lw
A BILL, entitled An Act directing the Governor,
OOmplrOllcT ana lEC treasurer OF thlS state 10 sell
the dividend stock held and owned by this State in
the Baltimore and Ohio Railroad Company and 10
apply the proceeds thereof in part payment of the
Whereas. The State of Maryland is the owner of
three thousand nine hundred and twelve and eight
tenth SHARES OF the qYdend stock Of the Baltimore
and Ohio Railroad Company, and it is deemed to be
TO the advantage Of the State that should he
State; therefore
Section l. Be i enactea Jy the General Assembly of
Margl.ud, That the Governor Comptroller and Trea-
surer this State be- and they are hereby directed
to sell for the best price that be obtained there
for the three thousand nine hundred and twelve and
eighteenth shares otdividend stock ofthe Baltimore
this State; and that Il proceeds Of be So Ie f 6
said dividend stock shall be BY the Treasurer received
into the Treasury other monies Of the State are
wdrected to be received into the said Treasury;
reduction Of the debt of this State.
Section 2 and be il further enacted, That this act
snail take effect from its passage. mh29lw
BILL entitled An Act to authorize the Governor,
ComHtrolior, and Treasurer to dispose of all the
Bank stocks held BY the State, and to invest the
proceeds thereof as therein directed.
Section |. Be Il enacted IN the General AssemLb,
Treasurer Of this state hereby authorized, con-
Jointly or any two Of them. to sell at public auction,
ADVANTAGEOUS TO the States interest the Bank stocks
standing Ia the name Of the Treasurer of the West
Land. in trust for or belonging and Standing to The
credit Of the several counties of this State for the re-
| receive in payment the bonds and registered debf
due aud owing at the date OF the adoption of the E6n
sltuton, equal III amount to the price obi aimed for
the sane, or TO invest the proceeds thereof in the
bonds Of the State authorized by the Act of lass oh
| u.s. known as the Defence Loan; provided that the
said sales shall not be Tor less than the par value Of
| the Bank stocks.
Section 2. And be 1t further enacted That the
State debt when SO purchased shall he transferred to
anu stand IN the name Of the Treasurer of MARYLAND
upon the books of the Treasury, in trust for the free
schools or other Schools the case may be- Of the
respective counties, and for the purposes as the
said Bauk stocks, SO sold were before seyarsIv
held and the interest and proceeds therefrom
when received by the Treasurer. shall be applied nv
him Tor the same purposes and upon the said trusts rs
the dividends Of the said bank stocks had before been
respectively applied.
Section 3. And BE q eaucted That the Governor.
Comptroller and Treasurer Of this state are hereby
authorized, conformity two of them, dispose
Of all the bank stocks held and owned By the State
and TO receive in payment the bonds and registered
debt duo owing ut the date Of the adoption of the
Consultation equal in amount to the price obtained
Tor the same, or 10 aYest the proceeds thereof tho
bonds OF he State authorized by the act Of 1865 CHI
50, known as the defense Loan: provided that the
said sales shall not be for less than the par value of
said stocks: and to effect such disposition they or
| any two Of them are hereby authorized to sell at
public aGctiOn at such times and in scl amounts rs
they may deem most advantageous to hS States in
erest, or to advertise for proposals to purchase the
same rOyidcd that the same shall not be sold toany
blsder or bidders it. III the Judgment of the said Off
GERS or any TWO OF them, the I'D stock should NOT
be disposed Of at the price prices offered.
Sectlon 4. And be Il enacted, That this act shall
| take effect from its passage. mh5g.iw
| HrssssuE