370

LAWS OF MARYLAND.

In case of
foreclosure,
purchasers
may form new
corporation.

in said mortgage or mortgages, the purchaser or purchasers
thereof, or his or their survivor or survivors, representatives
or assigns, may, together with their associates, if any, form a
new corporation for the purpose of owning, possessing, main-
taining and operating said property and franchises, and there-
upon vest in such new corporation all the faculties, powers,
right, immunities, privileges, property and franchises pos-
sessed by said Susquehanna Power and Paper Company,
and a certificate of the formation of said new corporation
shall be executed by the said purchaser or purchasers, his or
their survivor or survivors, representatives or assigns,
together with their associates, if any, and be acknowledged and
recorded as other certificates of incorporation are at present
directed to be acknowledged and recorded in Article 23 of the
Code of Public General Laws of Maryland, title "Corpora-
tions," sub-title "General Regulations."

Authority to
purchase land
or property,
etc.

SEC. 3. And be it further enacted, That the said company,
or its duly authorized agent or agents, may contract and
agree with the owner or owners, whether individuals, firms
or corporations, to purchase and hold in fee-simple, or for a
term of years, any land or property, or any easement or right
therein or appurtenant thereto, or for the use, possession or
occupation of the same, or any part thereof, or of any earth,
gravel, stone, timber, streams, rivers, canals, races, water-
ways, water-power, or of any improvements or any part thereof
whatsoever deemed by said company necessary, requisite and
proper, and wanted by it for carrying out its objects and pur-
poses; and if they cannot agree, or if the owner or owners,
or any of them, be an infant, trustee, femine covert, who is not
possessed of the property in her sole and separate use, and
authorized to contract for the same, or non compos mentis, or
for any other cause, be legally incapable of contracting, or

May
acquire by
condemnation.

out of the county in which such property may lie when such
property may be wanted, said company is authorized and
empowered to acquire the same by condemnation in the man-
ner set forth in Sections 167 and 167 A of Article 23 of the
Code of Public General Laws of Maryland, title "Corpora-
tions," instead of in the manner set forth in Sections two
hundred and forty-eight to two hundred and fifty-three of
said Article'23; provided, however, that if the same be
situate partly in one county and partly in an adjoining county,
the said condemnation proceedings may be instituted and
carried on in either one of said counties with like effect as if
the same were wholly situate in the county wherein proceed-
ings are conducted, but it is expressly provided that the