|
|
|
|
|
1586 JOURNAL OF PROCEEDINGS [Apl. 3,
and the other facts and incidents connected with the case,
that the State of Maryland is the only bona fide stockholder
in said Company.
As to "what is the best course for this State to pursue in
connection with its interest in said Company," the under-
signed would recommend the passage of the iollowing
JOINT RESOLUTIONS.
WHEREAS, It appears that the sum of $263.000 has been
paid to the assignees of the Southern Maryland Railroad Com-
pany by John W. Davis, formerly Treasurer of the State, on
the warrant of Levin Woolford, Comptroller of the Treasury,
without due regard to the provisions of the Act of 1868, chap.
454.
And whereas, It appears that Samuel S. Smoot, President;
Hamilton G. Fant, Treasurer, and Charles H. Winder, Sec-
retary of the Southern Maryland Railroad Company, did on
the 6th day of February, 1873, make and subscribe a false
affidavit with the intent to deceive the Treasurer of the State
and to procure the payment of $81,500 to the Southern
Maryland Railroad Company.
And whereas, It appears that the State of Maryland is the
only bona fide stockholder of the Southern Maryland Railroad
Company, that said Company is bankrupt and largely in-
debted to contractors and others, who have furnished work
and material in its construction ; therefore,
First. Be it resolved by the General Assembly of Maryland,
That the Attorney General of the State be and he is hereby
authorized and directed to bring suit against the Southern
Maryland Railroad Company, in the name and behalf of the
State of Maryland, to cause its Railroad, property and fran-
chises to be sold to pay its legitimate debts, and the balance,
if any, to the Treasurer of the State, for the benefit of the
State.
Second. And be it further resolved by the General Assem-
bly of Maryland, That in the event that the State shall fail
to recover all or any part of the said sum of $163,000 from
the said Company or by the sale of its property and fran-
chises, the Attorney General of the State be, and he is hereby,
directed to bring suit against Levin Woolford, Esq., Comp-
troller of the Treasury, and his official bondsmen, during the
years 1873 and 1874, for such residue of said $163,000 as
may be pnd remain unpaid by said company, or by a sale
of its property and franchises.
Third. And be it further resolved by the General Assembly
of Maryland, That the Attorney General of the State be,
and he is hereby, authorized and empowered to bring such
|
|
|
|
|
|
|
|