870

LAWS OF MARYLAND.

five hundred dollars ($500), or imprisonment in
jail or in the house of correction for a period not
longer than one year, or by both fine and im-
prisonment, in the discretion of the circuit court
for Washington county.
SEC. 10. And be it enacted, That it shall be
lawful for the said company to issue its bonds, in

Unlawful.

sums of not less than one hundred dollars ($100)
each, bearing interest, payable at such times or
time as the president and directors may appoint,
and to provide for the security and payment of
the said bonds, by mortgage or otherwise, and
to sell and dispose of the said bonds and apply
the proceeds to the payment of the construction
and equipment of said railway or other liabili-
ties of said company.
SEC. 11. And be it enacted, That nothing in

How con-
strued.

this act contained shall be so construed as to
authorize the said company, or its officers or
agents, to issue any scrip or bank note, or exer-
cise any banking privileges.

Liable to
amendment,
etc.

Effective.

SEC. 12. And be it enacted, That this act shall
at all times be liable to be amended, altered or
repealed by the General Assembly of Maryland,
SEC. 13. And be it enacted, That this act shall,
take effect from the date of its passage.

Approved April 5, 1888.

Chapter 537.

AN ACT to authorize the comptroller of the-
treasury to adjust and settle the accounts due
by collectors, sheriffs, clerks of courts, regis-
ters of wills, and other receivers of public
moneys, incorporations and individuals, who
may be indebted to the state in cases where
the indebtedness occurred prior to and includ-
ing the year eighteen hundred and eighty-six.

Adjust and
settle claims.

SECTION 1. Be it. enacted by the General As-
sembly of Maryland, That the comptroller be and
he is hereby authorized and empowered to adjust
and settle the claims of the state against all col-