276
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LAWS OF MARYLAND.
CHAPTER 160.
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Passed Feb.
8, 1866.
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AN ACT directing the Governor, Comptroller and
Treasurer of this State to sell the dividend stock
held and owned by this State in the Baltimore
and Ohio Railroad Company, and to apply the
proceeds thereof in part payment of, the debt of
this State.
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Preamble
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WHEREAS The State of Maryland is the owner of
three thousand nine hundred and twelve and eight-
tenths shares of the dividend stock of the Balti-
more and Ohio Railroad Company, and it is deemed
to be to the advantage of the State that the same
should be sold and applied to the payment of the
debt of this State; Therefore,
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Directed to
sell.
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SECTION 1. Be it enacted by the General Assembly
of Maryland, That the Governor, Comptroller and
Treasurer of this State be, and they are hereby di-
rected to sell, for the best price that can be obtained
therefor, the three thousand nine hundred and
twelve and eight-tenth shares of dividend stock of
the Baltimore and Ohio Railroad Company now
held and owned by this State; and that the pro-
ceeds of the sale of the said dividend stock shall be
by the Treasurer received into the Treasury as
other moneys of the State are now directed to be
received into the said Treasury, and that the money
so received shall be applied in reduction of the
debt of this State.
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Iin force.
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Sec. 2. And be it enacted, That this act shall
take effect from its passage.
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