668
Preamble.
Proviso.
Notice to be
given.
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LAWS OF MARYLAND.
CHAPTER 383.
AN ACT to make provision for payment of the State
Bonds past due, and others not yet due, by selling
the State stocks and bonds hereinafter mentioned.
WHEREAS, It is to the interest of the State to sell
her six per cent. Baltimore city stock, standing to
the credit of the sinking fund, and amounting to one
hundred and fifty-four thousand five hundred and
fifty dollars; provided, the same can be sold -at not
less than ninety-six cents in the dollar; and her
stock in the Farmer's National Bank, of Annapolis,
amounting to forty-six thousand four hundred and
seventy dollars; provided, the same can be sold at par;
and her stock in the Chesapeake and Delaware Canal
Company, amounting to eighty-one thousand two
hundred and fifty dollars; and the bonds of the Sus-
quehanna and Tide Water Canal Company; provided,
this stock and these bonds can be sold at not less
than their par value, and subject, to the provisions of
the constitution. And WHEREAS, it is to the interest
of the State to pay off the balance of her sterling
debt, amounting to seven hundred and seventy-four
thousand dollars, consisting of bonds issued for the
benefit of the Susquehanna and Tide Water Canal
Company, under the provisions of chapter three hun-
dred and eighty-six of the Acts of eighteen hundred
and thirty-eight, and past due since eighteen hundred
and sixty-five, and also to pay oft" balance of her cur-
rency debt, amounting to two hundred and sixteen
thousand eight hundred and seventeen dollars and
thirty-seven cents, consisting of bonds issued for the
benefit of the Chesapeake and Ohio Canal Company,
and past due since eighteen hundred and seventy;
therefore,
SECTION 1. Be it enacted by the General Assernbly of
Maryland, That the Comptroller be and lie is hereby
directed to give notice of not less than thirty days to
the holders of State bonds due or past due, that on a
day named in said notice interest on said bonds will
cease, and that they must be presented for payment
at the place where they are made payable.
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