INDEX.

1841

Chap.

Sec.

CHESAPEAKE AND OHIO CANAL—

The said suras to be paid by the Treasu-

rer to said company, and for the redemp-

tion of certificates to be considered as a

loan to said company; to issue and deliver

to Treasurer proper acknowledgments,

which shall be a lien on all the property of

said company, &c., the Legislature to con-

vert, when they deem it expedient, the said

loan into the capital stock of said compa-

ny at par, in respect of which to be a pre-

ferred stockholder, as is provided by act of

eighteen hundred and thirty-five, chapter

three hundred and ninety-five,

30

6

The maximum rate of tolls to be rais-

ed after the first of January, eighteen

hundred and forty-four, except upon the

article of coal, provided Congress and the

Legislature of Virginia assent, &c.; Go-

vernor to cause a copy of this act to be trans-

mitted to them, &c.,

"

7

Before this act can take effect the Presi-

dent, &c., of the company, to contract for

its completion to Cumberland, at a sum not

exceeding the amount authorised to be bor-

rowed, &c., to take good security from con-

tractor, for the performance of contracts, to

to be approved by Treasurer Western Shore,

&c.,

"

8

The assent of Congress to the seventh

section to be procured,. &c.,

"

9

Before any contract shall be made for

completion, &c., or bond given, &c. or

obligation, &c., the Treasurer of the Wes-

tern Shore to certify, &c., to president, &c.,

of canal company, that certain incorporated

companies have given bonds to the State

for the construction to convey to canal the

products of their mines, the same to be

completed for use simultaneously with ca-

nal, &c,

"

10

If the bonds directed to be issued cannot

be sold in time to be available, said compa-