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feeling that it may not be necessary.

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However, I will accept the words of lawyers more

3

competent in the relationship of the B&0 tax exemptions

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and the corporate laws of this state.

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My own personal feeling is that the matter

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could be handled in the schedule of legislation, and if

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one had faith in the general assembly that the general

8

assembly wouldn't yield on the point, I think the matter

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could safely rest there.

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However, there appears to be some concern,

11

legitimate or not, that this wouldn't work out that way, and

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that the matters must be dealt with in the constitution.

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While I come to that reluctant conclusion, and

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I am still unsure about it, let us deal with it in as succinct

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a manner as possible, and not load down the constitution

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with a provision which may soon become unnecessary if

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Mr. Gallagher's prediction about the course of action

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on the B&0 as a result of the pending merger with the

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C&0 railroad is borne out.

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My amendment would merely incorporate by

21

reference the present provisions of section 48 of article