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Annual Report of the Comptroller, 1855
Volume 219, Page 12   View pdf image (33K)
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12

SUSQUEHANNA AND TIDE-WATER CANAL COMPANIES.

Statement No. 10 shows, that these Companies paid, during the year, the
Em of $67,100 on account of current interest, and $3,712.20 on account
interest on the unfunded debt of said Companies. The attention of the
Legislature is due to the condition of accounts between the State and these
Companies, that some specific arrangement may be made to fund the
arrearages of interest due by them.

NORTHERN CENTRAL RAILWAY COMPANY.

Since the last annual Report of the Comptroller, the York and Maryland
Line Rail Road Company and the Susquehanna Rail Road Company, in
Pennsylvania, and the Baltimore and Susquehanna Rail Road Company
have been consolidated, and now constitute one Company under the name
of the Northern Central Railway Company.

In pursuance of the authority granted it by chapter 260 of 1854, that
Company has mortgaged its entire Railway from Baltimore to Sunbury,

with the tolls, &c., to the State of Maryland, to secure the annual pay-
ment of $90,000, subject to extinguishment upon payment of the principal
and the Treasurer has assigned to it all the State's interest in the Baltimore
and Susquehanna Rail Road Company. The Northern Central Railway
Company has paid punctually the quarterly installments assumed under the
Kid Mortgage, and the State will, in all probability, now realise, as a cer-
tain source of income, the annual payment of $90,000.

EMOLUMENTS OF CLERKS OF COURTS &c

It will be observed by an examination of Statement No,7, that the sum

of $8,392.80 was received into the Treasury from Officers of the States,
whose fees and emoluments exceeded the annual amount allowed by the

Constitution and laws. Of this sum, the amount of $2,500 was received
com the Clerk of the Circuit Court for Frederick County for the years

 

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Annual Report of the Comptroller, 1855
Volume 219, Page 12   View pdf image (33K)
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