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said treasurer, of twenty per cent premium on the
amount of certificates of debts of the State, contracted
to be sold by the said commissioners to the said com-
pany; and the said company shall deliver to the said
treasurer, the obligation of the said company, under
its corporate seal, and in such form as the said trea-
surer shall devise, to pay over to the said treasurer the
full amount of the premium upon any portion of the cer-
tificates of debt of this State delivered to the said com-
pany as aforesaid, which may at any time be sold or
hypothecated by the company, immediately upon the
receipt by the company of the avails of the said sale or
hypothecation, upon which payment he is required to
return to the company, a corresponding amount or e-
quivalent, in the certificates of debt of the State, to be
deposited with him as aforesaid, estimated at the sum
of one hundred and twenty dollars for every one hun-
dred dollars of the par sum or value thereof,- unless the
said treasurer shall deem it expedient in his discretion
to invest the aforesaid premium, or some part thereof,
in the said certificates of debt at the rate or value
aforesaid.
Resolved, That the said company, out of the nett
proceeds of the sales or hypothecations which it may
at any time make of the said certificates of debt, is
hereby required to deposit with the Treasurer for the
Western Shore, the proportionate amount to which the
other internal improvement companies, mentioned in
certain resolutions passed during the present session,
in reference to the contracts made between the said
commissioners and the Chesapeake and Ohio Canal
Company and the Baltimore and Ohio Rail Road Com-
pany, for the sale to said companies of portions of said
stock, may be entitled to receive, upon requisitions for
the same being lawfully made on the said treasurer,
the said payments to be made immediately upon the re-
ceipt of such proceeds of sales or hypothecation, unless
the said companies shall fail to make such requisitions,
and in case of such payment being made into the trea-
sury for the benefit of said internal improvement com-
panies, the said Chesapeake and Ohio Canal Company
shall be entitled to receive an equivalent amount out
of the proceeds of sales of the residue of the stocks
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