1835,

LAWS OF MARYLAND.

judgment the interest of the State will thereby be pro-

CHAP, 395.

moted.

Evidences of own-

SEC. 12. And be it enacted, That the proper account-

ership

ing department of the State of Maryland is hereby

authorised and directed to receive such evidence of

Rule for transfers

ownership, and be governed by such rules respecting

the transfer of stock and obligations of the State, as

are received and adopted under the authority of the

United States for transferring the funded debt of the

United States.

Investment direct-

SEC. 13. And be it enacted, That so much of the

ed as sinking and

premium which shall accrue to the State on the sale of

the certificates of stock or bonds of the State, hereby

authorised as will not be required for the payment of

the interest upon the loan for the space of three years

after the same shall have been negotiated, shall be as

well as the increment thereof, from time to time inves-

ted in some safe and profitable stock or public security

and shall constitute a sinking fund which is hereby

inviolably pledged, for the redemption of the debt to

be incurred under and by virtue of this act, and. the

amount so to be invested as a sinking fund from time

to time as the several instalments on said loan shall be

paid into the Treasury, shall not be less in the whole

and for the whole loan than five hundred thousand dol-

Of balance of pre-

lars, to he made up of the balance of premium not re-

mium

quired for the payment of three years interest as

Dividends of stock

aforesaid, the dividends that may arise on the States

stock in all or cither of said companies during the said

onus from banks

three years, and the bonus to he paid by the sever-

al banks incorporated within this State since the

first day of January, eighteen hundred and thirty six.

or so much, thereof as may be necessary for this pur--

pose.

Balt. and Ohio rail road co. to provide

SEC. 14. And be it enacted, That it shall be the duty

sufficient carria-

of the Baltimore and Ohio Rail Road Company, to

ges for transport.

ing,

provide carriages suitable, and in adequate numbers

for the transportation of, and shall promptly transport,

all the merchandise and commodities and lading of

erery kind that nmy be offered for transportation at

such of the depots and stations on the route of the said

rail road as have been assigned or used, or shall here-