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Proceedings and Debates of the 1867 Constitutional Convention
Volume 74, Volume 1, Debates 478   View pdf image (33K)
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first Monday in June, 1873, to cast the vote of the State
of Maryland as a stockholder in the Chesapeake and
Ohio Canal Company at all meetings of the stockholders
of said company; and that all vacancies in the said com-
missioners from refusal to act, death, resignation or other
cause, shall be filled by such of the commissioners as may
act, by and with the approbation of the board of public
works, and in case all the said commissioners shall fail or
refuse to act or to fill any vacancy or vacancies among
the said commissioners, then the said board of public
works shall appoint the said commissioners, or so many
of them as may be necessary to have five commissioners
as aforesaid. And it shall and may be lawful for the
General Assembly of this State to extend the period for
which the said commissioners or their successors may act
for a further term of five years, and for such further
terms of five years as may appear to be conducive to the
prosperity and good management of the said Chesapeake
and Ohio canal.
Provided, however, that it shall and may be lawful for
the General Assembly of Maryland, in case it should ap-
pear that the interests of the State demand a change, to
make such alterations in the management of the Chesa-
peake and Ohio canal, and in voting the stock of the State
in the Chesapeake and Ohio Canal Company, as the said
General Assembly may deem best.
And provided, further, that in whatever changes the
General Assembly may hereafter make in the manage-
ment and control of said company, or voting the stock of
the State in said company, the said General Assembly
shall be bound to give, as far as possible, permanency and
efficiency in the management of said canal, and exemption
from partisan or political control.
By Mr. Walsh:
Sec. 3. The board of public works shall cast the vote
of the State of Maryland as stockholder in the Chesapeake
and Ohio Canal Company, at the meetings cf the stock-
holders of said company, for president and directors of
said company, for president and two directors of said com-
pany of their own selection, and for two directors to be
nominated in writing by the trustees under the mortgage
478


 
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Proceedings and Debates of the 1867 Constitutional Convention
Volume 74, Volume 1, Debates 478   View pdf image (33K)
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