|
|
|
|
|
|
|
|
|
|
1892.] OF THE HOUSE OF DELEGATES. 383
use of Free School Fund, as appears in said Table F,
were ascertained to have been long lost, and hence
there is in the possession of the Treasurer no evidence
of the ownership of this stock.
Two letters were shown to the committee from offi-
cers of the bank, referring to said stock, and the
interest on the amounts named in said Table F have
been regularly paid by said banks to the State.
The committees found in the possession of the Treas-
urer certificate No. 15, of the Exchange Loan of 1891,
for $100,000.00 which had been purchased by the
financial officers of the State for the Defence Redemp-
tion Loan Sinking Fund since the report of the Comp-
troller, and this amount does not appear in said
Table F.
The following bonds. &c., designated in Statement
I, of the Comptroller's Report, as productive assets of
the State, were examined and counted by the commit-
tee. Stock of the Annapolis Water Company, Far-
mers' National Bank of Annapolis, Washington
Branch of the B. & O. R. R. Company, and mortgage
of Northern Central R. R. Company, and the amounts
of the same were, the respective amounts set out in said
statement. The Treasurer did not have in his posses-
sion any evidence of the claim of the Susquehanna
and Tide Water Canal Company, classed as another
productive asset in said statement; the Treasurer in-
formed the committee that the only evidence of this
claim was the contract or adjustment made by said
company and in possession of Board of Public Works
of this state.
None of the evidence or the unproductiTe assets of
the State given in said statement are in the custody of
Treasury, except the stock of the two Turnpike Com-
panies first named in said statement.
Overdue Debt Destroyed.
The committee finding that the bonds and certifi-
cates of the overdue debts of the State had been
removed to the seat of government at Annapolis to be
destroyed, after finishing their labors in Baltimore
city, adjourned to meet at Annapolis. The work of
|
|
|
|
|
|
|
|
|
|
|
|
![clear space](../../../images/clear.gif) |