10,896

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This is a grandfather clause which in effect

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says that any time anyone who has a state charter seeks

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to take advantage of the other corporate benefits of the

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state, alter, repeal or modify their charter, they

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will conclusively be presumed to have given up any

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exemption they might enjoy.

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Now, this 1891 third sentence that I make refer-

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ence to was passed after the state and the B&0 Railroad

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came to a settlement agreement in 1878, but the settlement

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agreement again appeared to be unsatisfactory to the

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State of Maryland, so that what you have through the history

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of the state is a constant attempt to delimit this

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exemption, an attempt to make the B&0 Railroad uniform with

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other state-chartered railroads and corporations, and to

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generally classify it with all other corporations of like

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character.

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Now, the B&0 Railroad from time to time found

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it necessary to ask for charter amendments because it had

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to build other lines, it had to build the metropolitan

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line in Baltimore, it had to build the Washington line,

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and it had to build the Philadelphia line. None of these