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Proceedings of the Senate, 1892
Volume 400, Page 310   View pdf image (33K)
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310 JOURNAL OF PROCEEDINGS [Feb. 18,

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 of the unproductive 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
destroying the overdue debt of the State was finished
on the 16th day of February, 1892, and herewith is a
statement of the overdue debt of the State burned by
the committee, having first examined and counted the
same:

Sterling Debt.

Series of B. & O. R. R. Company and Chesapeake
and Ohio Canal Company:
Amount of bonds authorized to be exchanged

and redeemed, - £900, 250
Amount destroyed,.... 898, 500

Amount outstanding, £ 1, 750

Sundry Debts Named in Law, Authorizing the

Exchange Loan of 1891.

The committee found that in the books of the Treas-
ury, under chapter 386, of 1838, and chapter 20, of
1839, the two certificates under chapter 199, of 1839,
and chapter 241, of 1834, were included and the calls
embraced the same, to wit:
Amount of debt per said books

under chapter 386 of 1838, $62, 605 20
Amount of debt per said books

under chapter 20 of 1839, 298, 875 20

Total, ------ $361, 480 40

 

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Proceedings of the Senate, 1892
Volume 400, Page 310   View pdf image (33K)
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