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Journal of the House of Delegates, 1807
Volume 555, Page 109   View pdf image (33K)
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VOTES AND PROCEEDINGS, NOVEMBER SESSION, 1807. 109

Mr. Green, from the committee, delivers to the speaker the following report:

THE committee to whom was referred the petition of Bennett Hamilton and Charles Sewell, of Charles

county, beg leave to report, that they have taken the same into their consideration, and ave of opinion that the
prayer of the said petitioners ought to be granted; they therefore submit the following resolution:

RESOLVED, That all proceedings be stayed on a judgment obtained against Bennett Hamilton and Charles
Sewell, of Charles county, securities of Charles Mankin, at the suit of the state, until the first day of January,
eighteen hundred and ten, and that they the said Bennett Hamilton and Charles Sewell be and they are hereby
empowered and permitted to take out an execution or executions for the sum of money already by them paid, in
the same manner that they might or could have done if they had paid the whole of the debt to the said state,
against the said Charles Mankin, and the other securities of the said Charles Mankin.

By order, W. DIXON, clk.
Which was read.

Mr. Little, from the committee, delivers to the speaker a bill, entitled, An act to establish a market, and to
build a market-house, in the eastern precincts of Baltimore, and for the regulation of the same; which was read
the first time and ordered to lie on the table.

The bill authorising the sale of five thousand tickets in a lottery of the state of Pennsylvania for the encourage-
ment of useful arts, was read the second time, and the question put, Shall the said bill pass? Resolved in the
affirmative; which was sent to the senate by the clerk.

Mr. Mitchell, from the committee, delivers to the speaker the following report:

THE joint committee appointed to inquire into the state of our finances, and to report such projects of investment of
the public funds as should appear most advantageous to the general interest of the state, and also to count the money in
the treasury, noting the different denominations, and make due report thereof to the general assembly, beg leave to
represent, that in pursuance of the said resolution they have examined into the state of the treasury, and find that there is
now therein the sum of two hundred and thirty-seven thousand nine hundred and ninety-three dollars and four cents,
which sum consists in specie and basic notes of the following descriptions, to wit: In notes of the Bank of Columbia,
forty-five thousand and five dollars and forty cents; in notes of the Bank of Baltimore, twenty-four thousand one hun-
dred and sixty-five dollars; in notes of the Mechanics Bank, two thousand four hundred dollars; in notes of the Union
Bank of Maryland, sixteen thousand eight hundred and ninety-five dollars; in notes of the Hagar's-town Bank, four
hundred and seven dollars; in notes of the Bank, of Maryland, two thousand nine hundred and ninety-four dollars and
ninety-three cents; in notes of the Bank of the United States, nineteen thousand four hundred and twenty dollars; in
notes of the Bank of Delaware, one thousand three hundred and seventy-four dollars; in notes of the Bank of Pennsyl-
vania, seven hundred and seventy dollars; in notes of the Bank of Philadelphia, three hundred and five dollars; in notes
of the Dank of New-Jersey, twenty-eight dollars; in notes of the Bank of Newark, fourteen dollars; in notes of the
Banks of New-York, two hundred and ten dollars: in notes of the Bank of Manhatten, twenty-eight dollars; in, notes
of the Bank of North-America, two hundred and five dollars; in notes of the Bank of Newbern, two hundred dollars;
in notes of the Bank of Virginia, one thousand four hundred and forty-five dollars; in notes of the Bank of Alexandria
two thousand one hundred and fifteen dollars; in notes of the Bank of Patowmack, two thousand and ninety-five dollars;
in notes of the Farmers Bank of Maryland, seventy-six thousand five hundred and ten dollars; one check on the office;
of discount and deposite, Baltimore, forty thousand nine hundred and fifty-nine dollars and sixty-four cents; in cut silver,
amounting tu three hundred and thirty-one dollars and twenty-five cents; in cents, amounting to one hundred and fifteen

dollars and eighty-two cents.

Your committee are of opinion, that of this sum there should be made an immediate investment, in some safe and pro
ductive funds, one hundred and eighty-thousand dollars, and beg leave to offer it as their opinion, formed upon mature
consideration of the funds of the state and of our annual receipts and expenditures, that the said sum of one hundred and
eighty thousand dollars should be invested in the following manner, to wit: One hundred thousand dollars in purchasing
of stock of the United States, and by subscribing on the part of the state, in the stock reserved in the Mechanics Bank
of Baltimore, the sum of forty thousand dollars; in the Farmers. Bank of Maryland, the sum of thirty thousand dollars,
and in the Hagar's-town Bank the sum of ten thousand dollars; and that the sum of three hundred and thirty-one dol-
lars and twenty-five cents, in cut silver, should be transmitted by the treasurer of the western shore to the Mint of the
United States, to be recoined or sold by him, as he may think, most advantageous.

All of which is respectfully submitted.

By order, G. WINCHESTER, clk.
Which was read.

The following resolutions were read.

RESOLVED, That the treasurer of the western shore, under the direction of the governor and council, sub-
scribe, on the part of the state, on account of the stock reserved in the Mechanic's Bank of Baltimore the sura
of —— dollars, and on account of the stock reserved as aforesaid in the Farmer's Bank of Maryland the sum
of —— dollars, and also on account of the stock reserved as aforesaid in the Hagar's-town Bank the sum of

-—— dollars, and that the amount thereof be paid out of any unappropriated money in the treasury.

RESOLVED, That the treasurer of the western shore be and he is hereby authorised and directed to invest the
sum of thirty thousand dollars in the —— turnpike stock.

The resolution relative to printing the militia law was read the second time and assented to.


 

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Journal of the House of Delegates, 1807
Volume 555, Page 109   View pdf image (33K)
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