1892. ] OF THE SENATE. 313

stamping would destroy the negotiability of the
bonds. The committee are of opinion that the law
empowering the financial officers to purchase private
securities should be repealed, and the purchases for
the Sinking Funds by said officers should be limited
to bonds or stocks of the State.

3. The financial officers should ascertain and report
at their earliest convenience to the General Assembly
what evidences of the unproductive assets named in
said Statement 1 are in existence, and whether the
list of the same as given in said Statement 1 is correct.

4. The average balance in the banks to the credit of
the State in cash is large; the committee think if a
safe bank oi banks could be found, which could pay
some interest to the State on the monthly balances
deposited to the credit of the State, it would be wise,
and would yield to the State a revenue on its deposit.
Respectfully submitted,

THOMAS G. HAYES,

Chairman.

JNO. WALTER SMITH,
E. STANLEY TOADVIN,
THOS. H. ROBINSON,
JOHN HUBNER.
Finance Committee of the Senate.
JAMES G. BERRET,

Chairman.

JAS. E. ELLEGOOD.
W. SANDERS CARR,
JOHN S. TRACEY,
J. SMITH ORRICK,
ED. D. FITZGERALD,
B. L. SMITH,
Ways and Means Committee

of the House of Delegates.
Which was read, and adopted.

Mr. Brown, from the Committee on Judicial Pro-
ceedings, reported unfavorably the following bills:

Senate bill entitled an Act to repeal sections 1, 2,
3, 4, 5, 6, 7 and 8 of the Code of Public General Laws,
sub-title "Estrays, " and to con ect the same with,
amendments.