2536 ARTICLE 78A.

eral assembly, fully and in detail. And the committee of finance of the
senate and the committee of ways and means of the house of delegates,
shall examine said hooks of the treasurer during the first thirty days of
the session, and shall hum and destroy all the State bonds and certificates
of debt which have been paid, redeemed and charged off as aforesaid, and
make report and certificate thereof to the general assembly, which report
shall be printed in the journal of the proceedings of the senate or house of
delegates.

An. Code, sec. 9. 1904, sec. 9. 1892, ch. 310, sec. 3. 1906, ch. 185.

9. If after advertising, as provided in section 7, for sealed proposals,
no such sealed proposal shall be submitted, or if as authorized in said sec-
tion, they shall reject all of said proposals, they shall be authorized to
sell and transfer the State's interest in any or all works of internal im-
provement and any or all banking corporations at private sale upon the
best terms and highest prices which they can obtain therefor; and in mak-
ing said public or private sale or sales they shall be authorized to employ
such agents to assist them in making such sales to the best advantage as
they shall deem necessary to secure the most advantageous sale or sales of
the State's said interest, and to pay said agent or agents so employed such
compensation for their services as shall be mutually agreed on, such com-
pensation to be paid only out of the proceeds of sales and not otherwise.

An. Code, sec. 10. 1904, sec. 10. 1892, ch. 310, sec. 4. 1906, ch. 185.

10. The sum of five hundred dollars is appropriated out of any money
in the treasury not otherwise appropriated for the purpose of defraying
the costs and expenses which shall be incurred by the board of public works
in carrying this sub-title into effect.

An. Code, sec. 11. 1904, sec. 11. 1898, ch. 378, sec. 1.

11. The board of public works is authorized, in the discretion of said
board, to sell for cash and to transfer to the purchaser or purchasers
thereof the annuity of ninety thousand dollars created by virtue or in pur-
suance of the provisions of chapter 260 of the acts of the general assembly
of Maryland, passed at the January session of 1854, and which said an-
nuity is payable by the Northern Central Railway Company to the State
of Maryland; provided, said board of public works shall not sell and
transfer the same for any smaller or less sum of money than a sum equal
to the capitalization of said annuity at the rate of three and one-half per
centum, together with the amounts of such quarterly payments as may
then be due and unpaid, and interest thereon, and the proportionate part
of the accruing quarterly payment, calculated to the day of such transfer:
and provided further, that said board of public works may accept in pay-
ment or in part payment of the purchase price for said annuity, the
bonds of or registered debt owing by the State at the market value thereof,
or cash, in its discretion; and such purchaser or purchasers, its and their
successor, successors or assigns (if such purchaser or purchasers be a body
corporate or bodies corporate), or his, her or their executors, administra-