Authorized to
issue bonds.
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SECTION 1. Be it enacted by the General Assembly of
Maryland, That the Cumberland Cast Steel Manu-
facturing Company may and is hereby authorized to
issue coupon bonds bearing seven per cent, interest
to an amount not exceeding forty thousand dollars,
in sums not lees than one hundred dollars nor more
than five hundred dollars, payable ten years after the
date thereof, and to secure the payment of said
bonds and coupons for semi-annual interest, at the
rate of seven per cent, per annum, and may execute
a deed of trust conveying all its property, real and
personal, to Samuel P. Smith, John Humbird and
Ferdinand Williams, in trust for the purpose of se-
curing payment of said bonds and coupons.
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