23-68 - Provision for interest on certain bonds.
§ 23-68. Provision for interest on certain bonds.
Two several sums of $50,000 in consol bonds of the Commonwealth having beendonated by William W. Corcoran, of Washington, D.C., to the University, andthe consol bonds, having, under the act of January 13, 1877, and the act ofApril 2, 1879, been converted into registered bonds in the name of the rectorand visitors of the University, bearing interest at the rate of six percentum per annum, payable semiannually: It is enacted, that for the continuedpayment of such interest, the Comptroller is authorized and required toplace, from time to time, in the state treasury a sufficient sum to pay thesame as it falls due.
(Code 1919, § 827.)