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Session Laws, 1900
Volume 97, Page 345   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

each and every stockholder of the amounts remaining unpaid
on the stock of the company held by such stockholders, at
such times as they may think proper.

SEC. 5. And be it enacted, That the said company shall have
and enjoy all the general powers, provisions and privileges,
and be subject to the general regulations contained in Article
23 of the Code of Public General Laws of Maryland, the said
Article known also as the Article providing for the formation,
powers and regulations of Corporations, so far as the same
may not be inconsistent or in conflict with the special or gen-
eral regulations or provisions, powers, rights and advantages
conferred or intended to be conferred by this Act.

345

SEC. 6. And be it enacted, That the company hereby incor-
porated shall have the power to own, manufacture, buy, sell,
lease, rent, hire or otherwise deal with or in automobiles, and
to use, employ, run and operate the same over, through and
upon any roads, streets, highways, bridges, lanes and other
thoroughfares in the State of Maryland, and to charge and
collect reasonable compensation for the transportation of pas-
sengers and goods, wares, merchandise and produce, and for
the products of its manufacture.

Power to
deal in and
operate.

SEC. 7. And be it enacted, That said company shall have
the right to construct, build and maintain stations and other
suitable buildings and structures for the manufacture, produc-
tion, storage and utilization of power, and forces and products
capable of yielding power, for use in the propulsion of auto-
mobiles and for other purposes, and the company shall have
the right to construct, build and maintain branch or sub-
stations, and to erect the necessary poles or construct con-
duits and wires for the conveyance of power and products
yielding power and the products of its manufacture, or to rent
or lease the poles or conduits of other corporations for that
purpose; provided, however, that the company shall not erect
any poles nor construct any conduits in the City of Baltimore
without the consent of the Ma3'or and City Council first had
and obtained by the passage of an ordinance giving said con-
sent, and if said consent is given the said company shall pay

Right to
Construct and
maintain
stations, etc.

to the Mayor and City Council of Baltimore nine per centum
of the gross receipts of the company for the carriage of pas-
sengers by the said company; and provided, further, that the
company shall not use the tracks of the street-car companies
of Baltimore City without compensating said companies for
such use at a rate to be agreed upon by said companies and
the company hereby incorporated.

Per centum of
gross receipts.



 
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Session Laws, 1900
Volume 97, Page 345   View pdf image (33K)
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