SEC. 2. A nd be it enacted, That the Comptroller is
hereby directed to pay said bonds out of any unap-
propriated monies in the Treasury; provided, the same
can be spared from its ordinary requirements, hut
should the condition of the Treasury not admit of
such application of its means, lie is hereby author-
ized and directed to sell the State's 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 he sold at not less than ninety-
six cents in the dollar, and the State stock in Farmed National Bank of Annapolis? is, amounting to forty-
six thousand four hundred and seventy dollars; pro-
vided, the same can be sold it not less than par, and
apply the means thus raised to the payment of these
past due bonds.
SEC. 3. And be it enacted. That when paid these
bonds shall be recorded by the Treasurer and burned
by him in the presence of the Governor and Comp-
troller, of which fact he shall also make a record.
SEC. 4. And be it enacted. That the Comptroller of
the Treasury be and he hereby directed to give notice,
of not less than sixty days, to the holders of the
State's five per cent. sterling bonds which will mature
in eighteen hundred and ninety, that on a day named
he will exchange Maryland six per cent. currency
bonds for the State's five per cent. sterling bonds afore-
said, at the rate of four dollars and eighty-four cents
per pound sterling, or that he will pay the par value
for all such sterling bonds as shall be presented for
payment as aforesaid.
SEC. 5. And be it enacted. That the Governor, Comp-
troller and Treasurer, constituting the Board of
Public Works, and acting as such, are hereby author-
ized and directed to effect a sale of the State stock
in the Chesapeake and Delaware Canal Company,
amounting to eighty-one thousand two hundred and
fifty dollars; and of the bonds of the Susquehanna
and Tide-water Canal Company, held by the State
amounting to one million of dollars; provided, the (
said stock and bonds can be sold at par; sale to be (
subject to the provisions of the constitution.
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Directed to
pay bonds.
Proviso.
Proviso.
To be burned
Notice to be
given
, Authoriz'd to
. effect a sale.
,
1
be
; Proviso.
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