Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1873-06-19

ofN that presents ifsclf. Docs your char
- eoefer the privilege Of violating the
nafy laws Of the State Of Maryland Six
rcr sent Il allowed BY said laws. Your
beSls eall for : per cent.
.. M-The lex loc; CWindcr says) will
etsrns;ne that question Although Ma
kylsnd corporation we hare a right like
psirate indorser) to leave the State and
make What bonds We please else where, aud
at THAT rate Of inscres. VIC NAV think legal
ahj proper. The bonds made oy Us are
scy7red hv mortgage 10 Caiou Trust Com
laAy cfaNew lsrk. in trust for Gnv PER-
smbodics corporate who n,ry Jecome
dot isss OF same--no nssster where issued
Or heli-whetlrr in Baltimore, City Of
Washington or London.
Cap-Thc leges loeorum then aud not
The lex loci must govern. Suppose We or
you were to ask Mr. Hopkins. Of Balti-
more. to make an investment in them
Nesli he be able to recover =. the rate Of
ner cent IL the Courts of Maryland
shor'd resort to legal proceedings be-
came ultimately necessary!
s.. M will not venture 70 say. In
fact. | have not looked at them from that
point. But yon may rest satisfied that
Dir. Hopkins will no; burn has fingers
be Will take care Of himsclf-.Cayeat
Exactly. Hopkins will be wide
ass sl there are n great many Hop
kinsl scattercd over our large cities and
coismercial centres. Bat tell me an con-
6f7ence-on honor-how many consecutive
nilcs. unbrokcn by gaps. large or small,
>Fe now ready for ties and rails
4. 5. M-Weli. in few wccks-months
ferlsaps-wc expect
Cap-I do not ask for "your expects"
Iow many miles are row ready for ties
aAd rails !? Speak on the square. Imean
hDtween Brand wine and Mechanicsville
4 s. M-Well, about s or IL or /. We
pave some filing up to do Jet.
CapGood. You have a paid capital
II S5U0 900, aud have realized fr~m St.
Mary's State appropriation 500. 900. AMI
YOU expect to realize on Your bonds of
s.. 200. 000. at so per CT. Sis. goo,
making grand total of S2.3i3 0o0-
Now. tell me what is the length OF your road
from Point Lookout TO yonr selected poin.
in Prince Georges county!
S. M-Sizty miles.
Cap-Sixty miles only. Why the coru-
try must he very rocky-,cry unfavorabir
to construction Of railroads it re-
quires an outlay Of $4,000 per mile t.
construct (,his) one.
s. M-Oh, no. On the contrary. We
have no rocks to contend with. and the
grading is Of no great account. The road
can be graded and tied and rallied for
about Sl5. 600 mile. One million o!
dollars will be the most that will be need
ed.
Car-WeI. your prospects arc bright
indeed. There will remain in your hands
very large surplus after completion o!
road. What disposition do you propose
to make of i,-of Sl.343. 600?
IS. M-Well. it will hot be squanlcrcd
| promise you. We will make an invest.
u>nt-wc can make si"L,iny funi-wc
" take care of it in fine
Ap-ilow:
>; N-'t'nI'ns on his t'p,i"cs ana
III, ups buried IN ear Of r'pi'a'iSt. We
will place it where it will j" rs most good
ZAP :'IN YEA "a"cS :Nmcs VII,
never r'e. 70" "n.h's ''"f'aF ous"'
10 DC engraved on h's tomb nn' go"
are NOT serious, "ili you nor divide win
''SsNH y, IT,, al 'saS'
. N-'ah say; some 'e" w'u'" h"'
accci'-w0u!d moi he parties In oar 'ift'