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Session Laws, 1860
Volume 588, Page 449   View pdf image (33K)
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T. HOLLIDAY HICKS, ESQ., GOVERNOR.

1860.

CHAPTER 303.

CHAP. 303.

AN ACT entitled, an act to carry into effect the
eighth section of the act entitled, an act for the
promotion of internal improvements, passed at
December session, eighteen hundred and thirty-
five, chapter three hundred and ninety-five.

Passed March
2, 1860.

WHEREAS, by the eighth section of the act passed
at December session, eighteen hundred and thirty-
five, chapter three hundred and ninety-five, the
sum of one million of dollars was appropriated to the
Eastern Shore Railroad Company, upon the condi-
tions therein contained, and it was furthermore
provided that in the event that the stock of the
Eastern Shore Railroad Company should not be
subscribed to an amount sufficient to commence the
said road by individuals and corporations, as pro-
vided for by said act, that then and in that case
the million of dollars, set apart and intended to be
applied to said work, should be held sacred, and
the: faith of the State was thereby pledged that the
said million of dollars should be applied to the ex-
clusive purpose of internal improvements on the
Eastern Shore, and for no other purpose whatever,
and should be subject to disposition for that pur-
pose by any future legislature, after the time for
commencing the work as proposed by the charter
of the Eastern Shore Railroad Company should
have expired; and whereas, of the said sum of one
million of dollars, there has been expended only
the sum of one hundred and fifty-two thousand
seven hundred and sixty-lour dollars and fourteen
cents for internal improvements on the Eastern
Shore, leaving unexpended the sum of eight hun-
dred and forty-seven thousand two hundred and
thirty-five dollars and eighty-six cents, which the
faith of the State is solemnly pledged to apply to
the exclusive purpose of internal improvements on
the Eastern Shore; and whereas, in the opinion of
this Legislature, a distribution of the said fund
among the several counties on the Eastern Shore,
upon the basis of the levy on the assessed property
of the several counties on the Eastern Shore for the
year eighteen hundred and fifty-nine, would be
equitable; now, therefore, in redemption of the
said solemnly plighted faith of the State;

Preamble.



 
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Session Laws, 1860
Volume 588, Page 449   View pdf image (33K)
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