INDEX.
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1842
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Chap.
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Sec.
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INSURANCE COMPANIES.— See Maryland Insu-
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rance Company. American Life Insurance
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and Trust Company. Mutual Fire Insu-
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rance Company of Harford.
INSURANCE, LIFE SOCIETY.—See Equitable Life
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Insurance Society of Baltimore.
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INTERNAL IMPROVEMENT COMPANIES.— Trea-
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surer of Western Shore authorised to ad-
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vertise in such papers in this country and
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Europe, as he deems proper, until 1st July,
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for proposals for the purchase state's inter-
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est in Chesapeake and Ohio Canal Compa-
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ny, Baltimore and Ohio Rail Road Compa-
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ny, Washington Branch Rail Road Compa-
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ny, Tide Water Canal Company, Susque-
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hanna Rail Road Company,
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301
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1
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Authorised to sell on or after 1st July, the
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interest of the state in the Chesapeake and
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Ohio Canal Company, at and for a sum not
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less than $5,000,000 &c. payable in bonds
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Sic. of the state, at an interest not less than
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5 per cent; upon delivery to him of bonds,
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to be cancelled, to execute to purchaser a
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conveyance of the state's interest, provided
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that the bonds issued for the benefit of the
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Baltimore and Ohio Rail Road Company
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and remaining unsold on 1st January 1843,
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in the hands of the company, except the
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sum of £5000 sterling already sold shall not
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be received in payment of state's interest,
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&c. and that before any transfer shall be
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made of state's interest in the Chesapeake
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and Ohio Canal Company, said company
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shall in proper form secure to holders of
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scrip and other creditors, the payment of
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the same within 20 years from transfer, with
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interest, &c.
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"
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2
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Upon delivery of bonds &c. with interest
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as aforesaid, Treasurer to convey all the
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stock of state in the Baltimore and Ohio
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Rail Road Company, and the Washington
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Branch, and upon the execution and deli-
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very by said company to Treasurer of a
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mortgage upon the profits of said company
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from the Washington Branch for the pay-
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ment of a perpetual annuity of $30,000, the
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Treasurer to execute to said company re-
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lease of tax, &c. charter thenceforth to con-
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