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Proceedings of the House of Delegates, 1900
Volume 95, Page 1185   View pdf image (33K)
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1900. ] OF THE HOUSE OF DELEGATES. 1185

Stewart, Proctor, Close,

Truitt, of Bal. co., Foster, Critchfield,

Sandman, Satterfield, Graeff,

Jeffers, Lednum, Anderson, of Car.,

Collins, Scrimger, Norris, of Carroll

Dudley, of Tal., Dunn, Hoffacker,

Ward, Gately, Walsh,

Dryden, Brown, of Bal. city, Wolfe,

Disharoon, Mencke, Roberts,

Corkran, Bramble, Bennett,

Pattison, Knott, Wilson,

Linthicum, Lehmayer, Finzel—76.

Mackie, Latrobe,

NEGATIVE.
Messrs.

Dudley, of Q. A., Sanford, Cover,
Norman, Martenet, Robinson—7.
Mitchell,

Mr. Curtis submitted the following amendment:
AMENDMENT PROPOSED.

In section 2 after the words "this Act shall take effect
from and after the date of its passage, " add the follow-
ing paragraph, to-wit:

"But if upon appropriate proceedings, duly instituted
in the Circuit Court of Baltimore city or the Circuit
Court No. 2 of Baltimore city, or in any of the common
law courts of Baltimore city, within 30 days after the
passage of this Act, it shall be finally adjudged by the
Court of Appeals upon appeal duly taken and prosecuted
according to law, that the price of $1. 10 per thousand
cubic feet of gas is not sufficient to yield to the
Consolidated Gas Company of Baltimore city a net reve-
nue adequate for the payment of an annual cash dividend
of 4 per cent, upon its capital stock at a valuation of said
stock at sixty dollars per share, after deducting from the
annual gross receipts of said company such allowances
only as the Court, upon a full and careful investigation
of the facts and of the books of said company, shall ad-
judge to be reasonable, proper and just for the cost of
production and distribution of gas, operating expenses,
salaries of officers, wages of employes, repairs and main-
tenance of plant, taxes, interest on the present bonded
75

 

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Proceedings of the House of Delegates, 1900
Volume 95, Page 1185   View pdf image (33K)
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