The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1866-05-12

| ~
dollars in each and every case for publish
ing Laws of session of eighteen hundred and
sixty five.
Section . And be it enacted, That this
act shall take effect from the date Of its
passage.
AN ACT to authorize the Governor, Comp
tro!!r- and Treasurer to dispose of all the
Bank Stocks held by the State, and to
invest the proceeds thereof as therein
directed.
Sec l. Be it enacted by the General As
scH;blv of Maryland. That the Governor,
Comptroller and Treasurer of this State are
hereby authorized conformity or any two of
them. to sell at public auction, ut such times
and in such sums as they deem most advan-
tagcous to the State $ interest, the Bank
| Stocks standing in the name of the Treasurer
! Of the Western Shore or in the name of the
! Treasurer of Maryland, in trust for or be-
| longing to, and standing to the credit Of the
several counties of this State for the rcspec-
tive free schools or other schools thereof.
and to receive in payment the bonds and
registered debt due and owing ut the date of
the Adoption of the Constitution, equal in
amount to the price obtained for the same,
or to the proceeds thereof in the bonds
of the State authorized by the act of eighteen
'"""ie' ANU "'''n 'HNc' t""l''c' UNI !. =;
known rs the defense loan: provided, that
the said sales shat. not BE- for less than the
par value of the Bank Stocks.
| Sc. =. And be it further enacted. That
the State Debt when 50 purchased, shall be
| t Il lSfcrr, d to and stand in the name of the
| Treasurer of Maryland upon the books of the
reaS"ry' IN trust tor the fiee school, or
hrr schools as tie case may be- OF the
re- pcctivc counties ana Tor the same pur'
poses as the Sa'd Bank Stocks 50 sold. were
p.'ore Se'erally helo' ana the interest ana
treasurer shall be applied by nm Tor the
same purposes ana upon me sain trusts as
,hc "iFiachds OF lhc sad bank STOCKS mad
oclore 0e'n respectively "rpheI'
sec .; ana ne u, II c'l"g'e ~ mat the 10Y
cIhor' No'hi'lro'ler ana reasurcr OF TINS
''."'c arc n''eoy "u."or'|e" coi,Joihtiy or
G,'s 1"J L 81 men, 10 uiSr9$c OF an the BANK
H'ochS neIa anu owned by the state, ana to
receive in payment the bonds and registered
..f''' ruc OF Owing AZ inc aa'e OF thc adop-
:. .,o" Vi 'he CONSTITUTION, equal III amount TO
.ne price oD,ainea 'or tne same, or To invest
.nc pi"'tcus 'h,Ieol III the bonus OF the
,'"'c' a",hor'"ea ny 'hc act Vi elSH'eeh nun
urc" anu Sky n'e' ch"Pler thir,y- lhrce,
M"""'! rs '''c u'IrhSe roam pro''"Gu' th'l
ne f"to S"'cS S'i'''' no, DE '1' TESS ''a' me
Par 'aine OF Sa'd stocks, ana 10 erect S"ch
I'>PoSlt'o,' we! OF any TWO Oh 'hem are
"e'c'i a"'"o''"e' ~ He'' "' l"o''c a"c''oh'
~ SuJh l'l"cS ana III snch amounts as 'hcy
;''' ".''" '.'o'' W ''ie ,''"'e
I w " ''N ~ - pl'o""'' w l'"'
iiI 'nc H'''iI l'o''''cu' '''"t tie s'"'r
=, IT, '"' W "o,' ~ an. my " D'u",'o II
:" '"' ,Tusmrn' Vi 'ne Sh'u oiicer1 or any
l w." W 'ncn. 'nI S"'H S'"'Ns >"o". ~ nG' VI
, ~ T. Az n W 1t '!,"c'eu' ""' III" ACT
S'"'' 'aNe 'N'c i'o''' 1t" P'S>"Se'
Az ,cr. A,-. c.
an. ~ y" '"cr' NV '"io" 7oi'
o's'n iho':' 81 wary l"uu'
" VI , " '"' ,'c.,'''i ASso',''
W! ~ " '"' NV nay o"' w. ''"",'' Hoo'
=, ~ ~ "'', ~ ""I; NM; '"r'"'.i W. u -
."A an" ri'hr"''n T. Aho'rS3h, 'he'r ""Eo'
cla's" ana successors pc ana tney are hereoy
,'cn''' " ""''! Po''''c !" ,"r "t"'r Ut ,,ia'!
'nI; ny 'ne name a"I st{le OF 'hc - mon
n"I 1 iio'"r Ut +'.,S 'an" me p'!ec'
an" '".;i'''"" ". 'ne s'''1 cotl'or"''oh pt''S
~ l'o,!uI Pt''!''i"eI't nome anu n'a'n'G",
",t '3r 'ne >o':''crS WI" nave beti' "9!''i"'"
III ,"E .",G war III '''e 'v''"Sc OF inc mon
''" 80 'pr ''is P"'i'"'' '"e S''" corporation
Sl'''' nave Pc'l'''i''' SoccrSS'oh' with power
~ sue anu ~ >"c'i W 'i''"c ana use com
4 III ~, !
"nu s''e,"''} q" an INNS nee. SS"'y an"
~ w "o''e III ''''' '''5 o"' '"c ''cS'e"S
VI ."'> ".' y,
2ce''"' - "a" W +" e''c'c"' ''"' 'nc
i'H y" i,'' .','' ,,'' lp".' III """ v,
,"'l' .o'Pora'e na"'c ~ purchase OF receive
W S''. VI o'"t' ".H'' ~ '''Sc' "oi" anu W,
v"iH ""S properly real rrIso''"' or n .1i'
"''' ~ .,ey' ''t'eo" pu!''''9 .! pu''''h@S
"' ''e l'ose VI pro, no'lre
'o' "'>"''r" Ho''''e'' rs may DC oeel,cd II,
"" l"Ele' ~ .;'''s ""t a"e u'S's's VI sa'd
"H'i'u''p'' any Ptol''o'c 'ne comfort ana
"'u''n W ''e a'Si,',9" so'"'cIS vi ", mary'ahu.
-, '1uct'ol .. Anu W !, enacted nat 'hey
sn"'' nave power 10 sell OF other"'se dispose
VI an properly rea' lerSon"i OF mixed mat
",', oo''o in'o '"e'' posIoss'o:' Wy GU por-
V"'sc VI o'he' "'se' 'oi 'ne use VI 'ne COT
l'pr"''oN' ~
.He'''"A t. Anu ne IL chhc'eo' nat me
a'ore,"ihe" corporation S''''' serve uh''l
nrs' u"y o' Why, eiS"'ec'' hu'urGo ana sixty
SGNeh' OF u''''' tnc'r sacccSSofS Shall DC u"iy
elected and qualified. -,
Hec''oh d. ana DE IL enacted, nat mere
snail be elected, on the hrst day OF May,
"'ghtech hundred ana SlNly-seVen, hve d.
rectorS, to serve ior the term OF one year
IRON 'he u''e % 'nu'f erection, anu uh','