JOHN WALTER SMITH, ESQ., GOVERNOR,

65

company now in existence and operation in any of the counties
east of the Chesapeake bay in this State.

CHAP. 52.

SEC. 5. And be it further enacted, That the said Queen
Anne's Railroad Company shall have the right and power to
condemn all land needed for its road bed and station houses,
and right of way as well as its crossings and rights of way
wherever it may intersect the road bed, and right of way of
any other railroad company incorporated or operated in this
State in the manner and according to the provisions of the
laws of this State now in effect and applicable to such condem-
nations.
SEC. 6. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved March 20, 1902.

CHAPTER 53.
AN ACT to authorize the Treasurer of Maryland to exchange
stock of the National Union Bank of Maryland for new
stock in said bank.
WHEREAS, The State of Maryland owns eighty-seven shares

Power given
to condemn,
land, etc.

of the capital stock of the National Union Bank of Mary-
land, par value seventy-five dollars ($75) par share, standing
in the name of the Treasurer of Maryland ; and
WHEREAS, Said bank has recently changed the par value of

Preamble.

its capital stock from seventy-five dollars ($75) per share to
one hundred dollars ($100) per share and it is deemed desirable
to exchange said stock held by the State for the new stock ;
therefore,
SECTION 1. Be it enacted by the General Assembly of

Preamble.

Maryland, That the Treasurer of Maryland be and he is
hereby authorized and directed to exchange eighty-seven shares
of the capital stock of the National Union Bank of Maryland,
par value seventy-five dollars ($75) per share, standing in the
name of the Treasurer of Maryland, for sixty-five and one-
fourth shares of the new capital stock of said bank, par value
one hundred dollars ($100) per share. And that the said
Treasurer be and he is hereby authorized to sell said one-
fourth of a share of stock or to purchase three-fourths of a
share of stock, so as to make the holding of the State in said
stock an integral number.
SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved March 20, 1902.
5

Power given
to exchange
shares
of stock.