THOMAS SWANN, ESQUIRE, GOVERNOR. 31
aat at a rate not exceeding six per centum per an-
num, redeemable at any time within twenty years,
and not exceeding in amount the sum of five hun-
dred thousand dollars, and dispose of the same for
the objects aforesaid, and no bond of the said Com-
pany, issued in good faith for the construction,
completion or equipment of the said Rail Road,
shall be annulled or abated because the same may
have been disposed of by the said Company at less
than its par value. |
Rate of In-
terest. |
Sec. 3. And be it enacted, That in the election of
Directors, on the part of the private Stockholders,
the Stock of the State shall not be voted, nor shall
the same be counted in ascertaining the presence
of a quorum necessary for such election. |
State Stock
not to be voted. |
Sec. 4. And be it enacted, That this Act shall
take effect and operate from the day of its passage. |
In force. |
CHAPTER 29. |
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AN ACT entitled, an Act to authorize the Mayor
and Councilmen of the City of Cumberland to
bridge the Potomac River and to issue bonds for
that purpose. |
Passed Feb.
8, 1867. |
SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That the Mayor and Councilmen
of the City of Cumberland, be and they are hereby
authorized to build a bridge across the Potomac
River at such point on said river as in the opinion
of said Mayor and Councilmen or a majority of
them may seem most praticable and convenient
for the trade of said city, without respect to the
corporate limits thereof; and in case said bridge is
located beyond the limits of said city then the said
Mayor and Councilmen, are hereby authorized and
empowered to lay out and construct a road from
the Maryland terminus of said bridge to Cumber-
land, |
Authorized to
build a bridge. |
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