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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 579   View pdf image (33K)
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ART. 81J SALE OF STATE'S INTEREST IN PUBLIC WORKS. 579

the time the comptroller's report is made, will show the actual
outstanding debt of the State. And the treasurer shall report
the same to the next succeeding General 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 books of the treasurer during the first thirty days
of the session, and shall burn 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.

1892, ch. 310.

216. If after advertising as provided in section 214 for sealed
proposals, no such sealed proposals shall be submitted, or if as
authorized in said section, 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 improvement and any or all banking
corporations at private sale upon the best terms and highest
prices which they can obtain therefor. And in making said
public or private sale or sales, they shall be authorized to employ
such agents to assist them in making said sales to the best advan-
tage 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 compensation to be paid only out of
the proceeds of sales and not otherwise.

Ibid.

217. The sum of five hundred dollars is hereby 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.

 

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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 579   View pdf image (33K)
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