Pennsylvania Act 1885-176 — STATE TREASURER TO SELL STOCK

Act text

STATE TREASURER TO SELL STOCK
                  Act of Jul. 3, 1885, P.L. 253, No. 176              Cl. 72
                                  AN ACT

     Authorizing the State Treasurer to sell non-dividend paying
        bridge stock owned by the Commonwealth.

        Section 1.  State treasurer to sell certain stock
        The State Treasurer be and he is hereby authorized to sell,
     transfer and convey, at public sale, at such place or places as
     he may deem proper, any of the non-dividend paying stock held
     and owned by the Commonwealth of Pennsylvania in any
     incorporated bridge company, to the highest bidder or bidders,
     after having caused thirty days' public notice to be given of
     the time and place of such sale, in one or more newspapers
     published in the county, in which the corporation, the stock of
     which is owned by the Commonwealth as aforesaid, shall be
     located, and the proceeds of such sale, after deducting the
     necessary expenses thereof, shall be covered into the State
     Treasury.  1885, July 3, P.L. 253, Sec. 1.