244 LAWS OF MARYLAND.
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to section one hundred and twenty-one inclusive,
or so much of said provisions as may be applica-
ble thereto. |
State not to
have prefer-
ence. |
Sec, 24. And be it enacted, That the lien
held by the State of Maryland on the property of
the Queen Anne's and Kent County Railroad Com-
pany, to secure the payment of six per centum in-
terest out of the profits of the work on the shares
of the capital stock of the said company held by
the State, shall not be construed to give a prefer-
ence to said State over the bondholders of the
said company, and the said lien is hereby express-
ly waived, postponed and deferred in favor of the
holders of bonds of the said company, which may be
issued for the construction and equipment of the
said railroad to an amount not exceeding in the
whole five hundred thousand dollars. |
Reservation. |
Sec. 25. And be it enacted. That in case the
said company shall hereafter misuse or abuse the
privileges hereby granted, the General Assembly
shall have power to revoke or annul this charter. |
In force. |
Sec. 26. And be it enacted, That this Act shall
take effect from the date of its passage. |
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CHAPTER 143. |
Passed Mar
18, 1867.
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AN ACT to repeal the Act of eighteen bundled
and sixty, Chapter three hundred and fifty-
nine, which incorporates the Baltimore and Lit-
tle Gunpowder Falls Turnpike Company, and
to incorporate in the stead thereof, the Balti-
more and Jerusalem Turnpike Company. |
Repealed. |
SECTION 1. Be it enacted by the General Assembly
of Maryland, That the Act of eighteen hundred
and sixty, chapter three hundred and fifty-nine,
which incorporates the Baltimore and Little Gun-
powder Falls Turnpike Company, be, and the
same is hereby repealed, and that the Baltimore and |
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