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Proceedings of the House of Delegates, 1900
Volume 95, Page 1924   View pdf image (33K)
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1924 JOURNAL OF PROCEEDINGS [Apr. 2

The following message was submitted:

BY THE HOUSE OF DELEGATES.

April 2d, 1900.
Gentlemen of the Senate:

We have received your message asking the return of
House bill printed No. 492, and herewith return said bill.

By order,

B. L. SMITH,

Chief Clerk.
Which was read, assented to and sent to the Senate.

Also returned,

House bill entitled "An Act to change the name of the
Potomac and Severn Railway Company, and to grant
certain additional powers and privileges to said corpora-
tion, and to confirm franchises and privileges granted to
said corporation by the Mayor, City Counsellor and Al-
dermen of the city of Annapolis. "

AMENDMENT PROPOSED

By the Senate Committee on Corporations:
Add to the end of section 8 the following:

"And in the event of consolidation with any other rail-
road or railway company as provided by Article 23 of the
Code of Public General Laws, under provision of section
190 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 or merged shall not assent
thereto, or shall be dissatisfied therewith, or signify his
or her dissent by notice in writing served on the presi-
dent, secretary or treasurer of said company into which
said consolidation or merger shall have been made, at
any time within three months after the vote for the same,
he or she shall receive from the company into which said
consolidation or merger shall have been made the par value
of his or her stock at the time when the vote for
the agreement of consolidation and merger was cast,
which if not agreed to, shall be appraised by three dis-
interested persons residents in this State to be appointed
by the Secretary. of the State, whose duty it shall be to
make such appointment upon reasonable notice on the

 

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Proceedings of the House of Delegates, 1900
Volume 95, Page 1924   View pdf image (33K)
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