INDEX.

1842

Chap.

Sec.

INSURANCE COMPANIES.— See Maryland Insu-

rance Company. American Life Insurance

and Trust Company. Mutual Fire Insu-

rance Company of Harford.
INSURANCE, LIFE SOCIETY.—See Equitable Life

Insurance Society of Baltimore.

INTERNAL IMPROVEMENT COMPANIES.— Trea-

surer of Western Shore authorised to ad-

vertise in such papers in this country and

Europe, as he deems proper, until 1st July,

for proposals for the purchase state's inter-

est in Chesapeake and Ohio Canal Compa-

ny, Baltimore and Ohio Rail Road Compa-

ny, Washington Branch Rail Road Compa-

ny, Tide Water Canal Company, Susque-

hanna Rail Road Company,

301

1

Authorised to sell on or after 1st July, the

interest of the state in the Chesapeake and

Ohio Canal Company, at and for a sum not

less than $5,000,000 &c. payable in bonds

Sic. of the state, at an interest not less than

5 per cent; upon delivery to him of bonds,

to be cancelled, to execute to purchaser a

conveyance of the state's interest, provided

that the bonds issued for the benefit of the

Baltimore and Ohio Rail Road Company

and remaining unsold on 1st January 1843,

in the hands of the company, except the

sum of £5000 sterling already sold shall not

be received in payment of state's interest,

&c. and that before any transfer shall be

made of state's interest in the Chesapeake

and Ohio Canal Company, said company

shall in proper form secure to holders of

scrip and other creditors, the payment of

the same within 20 years from transfer, with

interest, &c.

"

2

Upon delivery of bonds &c. with interest

as aforesaid, Treasurer to convey all the

stock of state in the Baltimore and Ohio

Rail Road Company, and the Washington

Branch, and upon the execution and deli-

very by said company to Treasurer of a

mortgage upon the profits of said company

from the Washington Branch for the pay-

ment of a perpetual annuity of $30,000, the

Treasurer to execute to said company re-

lease of tax, &c. charter thenceforth to con-