1000 ARTICLE T8A.

ARTICLE 78A.

PUBLIC WORKS—BOARD OF.

	1-6. Repealed. Sale of State's Interests in Works of Internal Improvements or in Corporations. 7-10. Repealed. 11. Sale of annuity of Northern Central Railway Co.; conditions.	Man land Emergency Housing and Park Commission. 14-20. Appointment of Commission; powers; acquisition of lands. 21-23. Municipalities in Counties au- thorized to co-operate in con- struction of public works; alloca- tion of funds.

1-6. Repealed by ch. 529 of the Acts of 1929.

Sale of State's Interest in Works of Internal Improvements
or in Corporations.

7-10. Repealed by ch. 106 of the Acts of 1935.

10. Repealed by ch. 150 of the Acts of 1929.

An. Code, 1924, sec. 11. 1912, sec. 11. 1904, sec. 11. 1898, ch. 378, sec. 1.

1935, ch. 106.

11. The Board of Public Works is authorized, in the discretion of
said Board, to call for sealed bids and to sell to the highest bidder for
cash and to transfer to the purchaser or purchasers thereof the annuity of
ninety thousand dollars created by virtue or in pursuance 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 annuity 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 four 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 payment or in part payment of the purchase
price of 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 pur-
chaser or purchasers be a body corporate or bodies corporate), or his, her
or their executors, administrators or assigns (if such purchaser or pur-