10,925

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the 1851 Constitutional amendment, and it was passed as

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a general corporate desire rather than specifically with

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the B &0 Railroad in mind.

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THE CHAIRMAN: And is not merely a transitional

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provision?

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DELEGATE GALLAGHER: No, sir; that is not

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transitional.

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THE CHAIRMAN: Any other questions?

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Delegate Scanlan.

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DELEGATE SCANLAN : My question is prompted by

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the question that the Chairman put to you. He called

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attention to line 35, and the sentence that follows down

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to line 41.

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Is this statement of legislative authority over

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the chartering of corporations necessary in this day and

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age, or is it not now well established that, even absent

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a sentence of that sort, the State of Maryland would have

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plenary power inamending corporate charters?

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DELEGATE GALLAGHER: I don't think that is

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certain. As long as we have Court of Appeals decisions

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which say that a charter confers a right which can't be