434 JOURNAL OF PROCEEDINGS [Mar. 9,
for its proportion of the passenger transportation received
in the year 1871.
3d. That the Company ought to be released by the State
from the payment of any portion of the future receipts for
passenger transportation on the said Branch Road, and from
all receipts from that source since the 1st day of January,
1872, and ought also to be exempted from taxation on the said
Branch Road, and the Company ought to pay to the State, in
perpetuity, the annual sum of $'25,000 in equal semi-annual
payments on the first Wednesday in July and January in
each year; the first of said instalments to be paid on or before
the first Wednesday in July next.
All of which is respectfully submitted.
WILL H TUCK,
JAMES T. EARLE,
BARNES COMPTON,
JOHN LEE CARROLL,
J. M. MILLER,
On the part of the Senate.
ELIAS GRISWOLD,
B. B FORD,
GEORGE COLTON,
On the part of the House.
It will be seen that at the rate of State tax for years past,
if the whole capital stock of the Company in the hands of
private owners were subject to taxation, the amount received
by the State at par valuations, would be less than the sum
proposed to be paid by the above adjustment.
And your memorialist will ever pray, etc.
By order, and on behalf of the Board of Directors of the
Baltimore and Ohio Railroad Company.
JOHN W. GARRETT,
President.
Which was read and referred to the Committee on Finance.
On motion by Mr, Freeman,
Leave was granted to the Committee on Corporations, to
introduce a bill to incorporate the Mount Vernon Cemetery
Company of Maryland.
On motion by Mr. Stevens,
Leave was granted to the Committee on Judicial Proceed-
ings to introduce a bill entitled an Act to authorize the
County Commissioners of Harford county, to adjust and pay
the claim of Executor of Edward Painter, deceased, for taxes
paid in error, and to refund the sum of seventeen dollars,
State taxes paid in error out of the Treasury of the State.
|