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Session Laws, 1900
Volume 97, Page 456   View pdf image (33K)
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456

LAWS OF MARYLAND.

tion of its board of directors appear to be advantageous to the
said company; but no extension under this section shall be
for a greater distance than twenty miles, unless' the same
shall have been previously ratified at a general or special
meeting of the stockholders called for that purpose by a vote
of at least a majority of the whole number of shares then
issued and actually outstanding, and over such branches the
said railroad shall have and exercise all of the rights,
privileges, powers and franchises by the original certificate of
incorporation or this amendment thereto granted in reference
to its main line.

Right to
operate
telephone or
telegraph
lines.

SEC. 7. And be it further enacted, That the said corporation
shall have the right to operate telephone or telegraph lines
along its said railway, and connect the same by other lines
with such distant cities, towns or other places as may be to
the advantage of said railway company in the discretion of
its board of directors; provided, however, that said corpora-
tion shall in all respects be subject to the provisions of
Chapter one hundred and twenty-three of the Acts of the
General Assembly of eighteen hundred and ninety-eight, and
all ordinances passed by the Mayor and City Council of
Baltimore, and shall be subject in every respect to the con-
trol of the Mayor and City Council of Baltimore in so far as
its operations maybe carried on in the City of Baltimore, and
nothing herein contained shall be construed to the contrary.

General
powers,
privileges, etc.,
with provisos.

SEC. 8. And be it further enacted, That the said company
shall have and enjoy all of the general powers, provisions
and privileges contained in Article 23 of the Code of Public
General Laws of Maryland, title "Corporations," the said
article being known as the article providing for the formation,
powers and regulations of corporations, so far as the same may
not be inconsistent or in conflict with the special or general
regulations or provisions, powers, rights and advantages con-
ferred, or intended to be conferred, by this Act; provided,
that the said company shall not thereby claim any special
exemptions from taxation; and in the event of consolidation
with any other railroad or railway company, as provided by
Article 23 of the Code of Public General Laws, under pro-
visions of Section one hundred and ninety of said Article,
whenever 80 per cent, of the holders of the capital stock of
such corporations have agreed to such consolidation, then if
any stockholder of either of the companies so consolidated
and merged shall not assent thereto, or shall be dissatisfied
therewith, and signify his or her dissent by notice in writing
served on the president, secretary or treasurer of the company



 
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Session Laws, 1900
Volume 97, Page 456   View pdf image (33K)
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