EMERSON C. HARRINGTON, GOVERNOR. 209

mortgage securing the same, such lien to be in the amount
of the said deposit, together with interest and expenses as in
this act set forth; and authorizing the Treasurer to execute
and deliver an assignment of said annuity and mortgage,
containing a power of sale as in this Act provided; and also
authorizing the redemption of such annuity and mortgage
as herein provided; and declaring this Act to be an emer-
gency measure.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the Treasurer of this State be, and he is here-
by, authorized to receive from any Banking Institution or
Trust Company of this State, which may be approved by the
Board of Public Works, a deposit of one-million-five-hundred-
thousand-dollars ($1, 500, 000), and to use the same so far as
may be necessary, for the purposes of the State, according to
law.

SEC. 2. And be it further enacted, That any such, banking
institution or trust company be, and the same hereby is, given
a lien upon the annuity of ninety-thousand-dollars ($90, 000)
created by virtue of the provisions of Chapter 260 of the Acts
of the General Assembly of Maryland of 1854, which said
annuity is payable by the Northern Central Railway Company,
and upon the mortgage securing the same, such lien to be in
the amount of the above mentioned deposit of one-million-five-
hundred-thousand dollars ($1, 500, 000), with interest thereon,
at such rate as may be fixed by the Board of Public Works, not
exceeding the rate hereinafter provided.

SEC. 3. And be it further enacted, That the Treasurer of
this State is authorized to execute on behalf of this State, and
deliver to such banking institutions or trust company, an as-
signment of said annuity and the mortgage securing the same.
Said assignment shall contain a power authorizing such bank-
ing institution or trust company to sell the said annuity and
mortgage at any time after the first day of October, 1916, un-
less the same has been redeemed by the State, as hereinafter
authorized, prior to that time; or unless such time of redemp-
tion has been extended until the thirty-first day of December,
1916, as hereinafter provided, in which event the power of sale
conferred shall not be exercised until after said last mentioned
date, and then only in case said annuity and mortgage have
not theretofore been redeemed.