xii REPORT OF THE

249, are paid to the Comptroller of Baltimore city, and only
the excess over the sum of twenty thousand dollars, is payable
to the State Treasury. No receipts therefore from auction du-
ties have accrued to the Treasury during the fiscal year.

DIVIDENDS AND INTEREST.

Table No. 5 shows in detail the revenue during the fiscal year
Teceived from dividends on stock held by the State in railroad
and canal companies, and interest on debts due by such com-
panies to the State, amounting in the aggregate to $300,751.43.
Nothing has been paid during the fiscal year by the Baltimore
and Ohio Rail Road Company on account of the propor-
tion of receipts from passengers on their Washington Branch
Toad, stipulated in the charter of that road to be paid to the
State. The suit for the amount due from this source, intended
to determine the liability of the Company to fulfill the contract
thus entered into with the State, is still pending and undeter-
mined in the Supreme Court of the United States, although a
preliminary motion in the cause, involving the jurisdiction of
that Court, was submitted according to the rules of the Court,
on printed arguments filed on the 14th of April 1873. It is
hoped.that a decision of this preliminary motion will be made
during the present term of the Court.

STATE TAX ON THE PUBLIC DEBT OF THE STATE AND CITY OF

BALTIMORE.

The revenue from the State tax on the taxable Public Debt
of the State and the City of Baltimore, is given in detal in
Table No. 6, amounting in the aggregate to the sum of $75,-
277.57. This comprises the State tax on the debt of the City of
Baltimore for two years, the payments for 1873 and 1874, be-
ing both made by the City Register during the fiscal year.

STATE TAXES ON THE STOCK OF INCORPORATED INSTITUTIONS.

The receipts from State taxes on the stock of Incorporated
Institutions for the fiscal year, are given in detail in Table No.
7, amounting in the aggregate to the sum of $116,905.72. This
large amount has been paid into the Treasury during the fiscal