|
|
Resolutions directing the Attorney General to bring suit
ngninst the Baltimore and Ohio Rnil Road Company.
Resolved by the General Assembly of Maryland, That
the Attorney General be, and he is hereby directed to in-
stitute such legal proceedings as in his judgment may
be thought proper to recover from the Baltimore and Ohio
Rail Head Company, the sum of fifteen thousand dollars,
the amount of the recent dividend due the State as stock-
holder in said company.
Resolved, That the net profit of the Baltimore and
Ohio Rail Road, of which a part of the late dividend
was declared in the bonds of said company, cannot be
regarded as a loan by the stockholders to the company,
but as a conversion by the latter ot a portion of the net
revenue, which ought not to have been applied to the
purposes of construction, without the consent of said
stockholders, but ought to have been distributed in cash
amongst them, in their proper proportionate shares.
Resolved, That the btate protests against the right of
said company to apply their net revenues to the purposes
of construction, as illegal and contrary to the present in-
terests of the State.
Resolved also. That in declaring said dividend, an il-
legal and unjust discrimination was made in favor of
some stockholders, to the prejudice of the State.
Resolved, That the treasurer, in refusing to receive
said dividend, acted in conformity with the interests of
the State, and in the faithful discharge of his duty.
No. 66.
|
Passed March
10, 1847.
|
|
|
|
WHEREAS, intelligence has reached the seat of govern-
ment, that the remains of Lieutenant Colonel William
H. Watson, and Captain Randolph Ridgely, have been
received in the city of Baltimore for interment — There-
fore,
|
Preamble.
|
|
