clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 468   View tiff image (62K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

468 LAWS OF MARYLAND.
 

State Loan, and the same to the extent of one hun-

 

dred and thirty-five thousand dollars are hereby ap-

 

propriated for the purpose of discharging the mort-

 

gage indebtedness of the said President and Visitors

 

of the Maryland Hospital set forth in the preamble

 

of this act, and of providing furniture for said hos-

Treasurer to

pital, and the Treasurer of the State is hereby directed

pay.

to pay to the President and Visitors of the Maryland

 

Hospital, on the warrant of the Comptroller, the

 

proceeds of the loan aforesaid, at such times and in

 

such amounts as may by said president and visitors

 

be deemed necessary for the purposes of this act, to

 

an amount not exceeding the said sum of one hun-

 

dred and thirty-five thousand dollars.

 

SEC. 2. And be it enacted, That a special tax of one-

Special tax.

fourth of one cent be and the same is hereby laid on

 

each and every one hundred dollars worth of the

 

taxable property of this State, to meet the interest

 

and create a sinking fund for the redemption of the

 

bonds or certificates of debt herein directed to be

 

issued, and the tax shall be annually levied, collected

 

and paid over to the Treasurer of the State, until the

 

debt created by this act shall have been paid, and a

 

separate and distinct account shall be kept thereof,

Proceeds

and the proceeds thereof are hereby pledged to the

pledged.

payment of the principal and interest of the said

 

bonds or certificates of debt, and for that purpose so

 

much thereof as may be necessary shall be applied

 

to the payment of the interest of the bonds or certi-

 

ficates of debt hereby created, and the balance in-

 

vested by the Treasurer of the State in such manner

 

as the increment of the sinking fund of the State is

Proviso.

authorized by law to be invested; provided never-

 

theless, that the said sum of money shall be and it is

 

hereby appropriated and directed to be paid as afore-

 

said, upon the express condition that before said

 

payment, the said Maryland Hospital and all the

 

lands together with all the rights, privileges and ap-

 

purtenances thereto belonging shall be conveyed to

 

the State of Maryland free, clear und discharged of

 

all incumbrances, by a good and sufficient deed in

 

fee, to be duly acknowledged and recorded and ap-

 

proved by the Attorney General of the State; and

Proviso.

provided also, that before the said payments shall be



 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Proceedings and Acts of the General Assembly, 1876
Volume 199, Page 468   View tiff image (62K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives