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Proceedings and Documents of the House, 1858
Volume 665, Page 1608   View pdf image
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14

Amount of debts of Chesapeak and Ohio Canal Company, cre-
ated under the act of the General Assembly of Maryland,
passed December Session 1844, chapter 281, to provide for
extension of Canal from dam No* 6 to Cumberland.

1.

2.

3.
4.

5.
6.

9.
10.

11.

Bonds issued for completion of Canal to

Cumberland, payable 35 years after date,
Coupons on said bonds, neither paid nor

funded, in arrear from July 1, 1854, to

January 1, 1858, inclusive, -
Certificates in which certain coupons of said-

bonds are funded, with interest thereon,
Bonds issued to Selden, Withers & Co., for

money loaned to pay certain coupons on

preferred bonds, with interest thereon in

arrear,         - - - -

Coupons on said preferred bonds, due prior

to July 1, 1854, not funded, with interest

thereon, _____
Bonds for repairs of Canal east of dam No.

6, guaranteed by State of Virginia,
Interest due on said bonds to January 1,

1858, .....-

Loans from Banks for repairs of Canal, -
Loans from Coal Companies for repair of

Canal,         ______

. Certificates issued to fund debts contracted
for officers salaries and repairs, due prior
to passage of act of 1844, ch. 281, with
interest thereon, -----

, Outstanding balances for repairs, improve-
ments and officers salaries, -

$1,700,000 00

408,000 00
163,840 44

190,400 00

88,800 00
200,000 00

66,000 00
147,000 00

31,500 00

50,000 00
34,500 00

$3,080,040 44

The payment of these debts is secured by mortgage on the
revenues of the Canal Company, under act of 1844, ch. 281, and
is payable before any part of the claims of the State of Mary-
land can be enforced.

 

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Proceedings and Documents of the House, 1858
Volume 665, Page 1608   View pdf image
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