342

LAWS OF MARYLAND.

CHAPTER 226.

AN ACT to authorize the Academy of Music of

Baltimore city, to issue its bonds bearing an

interest not exceeding eight per cent, per annum,

and to secure the same by mortgage.

Issue and sell

SECTION 1. Be it enacted by the General Assembly of

bonds

Maryland, That the President and Directors of the

Academy of Music of Baltimore city, a corporation

formed under the general law of this State, be and

they are hereby authorized to issue and sell on such

terms as they may deem best for the interest of

the company, the bonds of the said corporation, re-

deemable within twenty years, to an amount not ex-

ceeding one hundred and fifty thousand dollars,

bearing an interest not exceeding eight per cent, per

annum, and to secure the same by a mortgage on

the property of the said company.

SEC. 2. And be it enacted, That this act shall take

In force

effect whenever the consent of the holders of a

majority of the shares of the capital stock, shall have

been first had and obtained.

Approved, April 4th, 1874.

CHAPTER 227.

AN ACT to authorize the Treasurer to pay William

H. Collins, of Baltimore city, a sum of money due

him for services rendered as screwsman in Tobacco

Warehouse number five, erroneously paid into the

Treasury.

Appropriation
W. H Collins

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the Comptroller be and he is hereby

authorized and directed to issue his warrant upon

the Treasurer of this State, to pay William H.

Collins, of Baltimore city, the sum of one hundred

and seventeen dollars, said sum being due for labor