Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1868-10-09

!HksIha IIa-El1 20,
PUBLIC LOCAL LAWS,
. - EsssPAssED BLYTHE 1ae. sfTgy
CT lFAI ASSEMBLY Of MARYLAND.
sAGxAE JANUARY la SESSION ON, 1865 1858 a.,i.
ssas'sssaze sas AKAcT .afsess al so ber
To I'd Il Construction & Of works Of Internal
1mPfoet fhents ID St. Mary's, Charles and
C4lteft sG1fntfes. sTssy 7ss -sssiss9zol - I
WHERsks Dy Section tliirty-four of thy
.iifd sArticie Sofsthe Constitution, authorize
is gis9h tDextend the aid of the State in be-
ha6spfsthe construction, of works of Internal
Impsoyspants in the counties Of st. Mary's,
Charles, and Calvert, which said counties
haYa heretofore received no direct benefit
from WORKS heretofore aided By the State !;
and whereas, it is deemed right and proper
thatsa.aah approximation should be now made !;
therefore,
SECTION l. BesSss ssdctsds6y Tie General
Aslesaeg maryland, That the SUM of
five hnndrcd thousand 1tl0llars be and the.
same is hereby appropriated and set apart
for.GhaAasAtkaetian- Of works IF Internal In,
provement in the said counties respectively as
follows: toChAfles County ,ssthe sum of one
huaarSd Aad ssventy-6ve Thousand dollars
to SssAMyssG6unty the, sum of one hun
dred add sseveatye three Isthousand dollars;
and to Calvert County. the sum Of one hun
dred and hty-two thousand dollars !; and as
soon as it shsM appear ito tina Fn:asurer of
thia~StsAass hyssthe affidavit of the Pres
idsnE aofs saoy IL railroad,s company, now
chartered, or which may hereafter be clar,i
tered in said counties respectively, that
bona fde SUBSCRIPTIONS rs the capitai stock
of adls11cb company equal sin amountsto
the.Suua by this Act authorized and directed
tosbesGivs1. to such county, shall be actually
made either in land or money, the Treasurer
of this State shall be and he is hereby au-
ACKNOWLEDGEMENTS the nsmeaasd be-
halsp6thazStste, upon the recommendation
of the County Commissioners of said county
making such application, to subscribe for SO
mary Stisfes of she ca pital stock of the. COM
patiy as Shall amount to the sum which, by
this Act, is distributed and applied to said
count y, and the said Treasurer shall, out of
any una priated money in the Treasury,
pay t6e installments on each STARE Of the cap-
ital stock of said company or companies,
for wlilsls NEUTRALITY-SUSPICIOUS. aforesaid ION
the warrant Of the Comptroller, which the
latter officer IS hereby directed to issue as the
said instal ailments may be called for by The
Comfy, Commissioners. of said county and
agreeable to the provisions Of the Act incor-
porating said company or companies pro-
vided, thas the Treasurer shalt not at any
time pay upon the States subscription to the
capital. stock of any of the said companies a
greateg amount than shall have actually been
suhacribsd and paid, as required by this Act,
by other subscribers to the capital stock of
the saidsconipshies ;sand, provided further,
that Tie said Treasurer shall not pay more
than one-fourth Of the whole amount appro-
priated under this Act ID any one year. A''''''
SErs 2.f.An4 be it enacted, That i, the
whole Or any portion Of the fund appro-
priated by this Act shall not be demanded,
according to the provisions of this Act, by
any. counties referred to, that then, land
i'd that case, the aforesaid Eve hundred thou-
sand dollars set spart and intended to be APP
piled to works Of Internal Improvements in
said copptieAsshsll bes:held sacred, and the
faith Of the State pledged that the said
am4qdf shall le Exclusively devoted to works
of Internal Improvements in said counties,
and subject to. the opposition Of any future
legislation Of, this State. -. -.
sSEs. 81 And,be It enacted, That when a
demand shall be made for any portion of the
Aforesaid sum of Eve hundred thousand dol
lars. and in the judgment of the Treasurer
tk5fohdi6onsof the Treasury should require
it, it shall be the duty of the Treasurer, and
he is hereby authorized, to cause bonds of
thdSAtesof Maryland, not exceeding the
amount xofssone hundred and twenty-five
Thousand dollars in any one year, in denom- |
nations 81 not more than five hundred dol |
lars each, aud bearing coupons for interest
payable semi-annually at six per cent. inter-
est, to be issued nsthe4 usual form, and pro-
posa|s for. the sale of, the said bonds, made
byasd vertisement, ia such papers as be may
se3e0s sssastyY sss5 :; gs4 4fssss, 80 - 4
-ssGEoe 4ssoAssd be It lenacted, That for the
payment of the interest and the REDEEM ption
Of the principal, of the said bonds when due, |
there Shall Sc levied upon the assessabie
pfop6ftysofFth the State, tax of one cent on |
theahundled' dollaEssto be collected as other
taxa ara now collected, and the proceeds Of
sold tax shall be paid to the Treasurer Of the
Ststa, Kud bs shys him set. apart for the pay
GieHts Of The interest and for the redemption
81 Tie psincipaf Of said bonds, and he shall
invest the surplus of receipts from the said
paying interest as sinking fund
for the redemption of said bonds.
&c. J. INA De e enacted That the said
bonds enthusiastically in fifteen years
from the date of the issue es the said bonds.
Approved March 80. 1865. = - s'
THOMAS SWAMI, zf'
esssz % ssfssHssq 'as'1s - Governor.
20 - 81 9asEANEIOOD-
HOW LOST