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Maryland Manual, 1935
Volume 152, Page 498   View pdf image (33K)
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498 MARYLAND MANUAL.

sessions they shall hear and determine such matters as affect
the public works of the State, and as the General Assembly
may confer upon them the power to decide.

Sac. 2. They shall exercise a diligent and faithful super-
vision of all public works in which the State may be inter-
ested as stockholder or creditor, and shall represent and
vote the stock of the State of Maryland in all meetings of
the stockholders of the Chesapeake and Ohio Canal; and
shall appoint the directors in every railroad and canal com-
pany in which the State has the legal power to appoint di-
rectors, which said directors shall represent the State in all
meetings of the stockholders of the respective companies for
which they are appointed or elected. And the president and
directors of the said Chesapeake and Ohio Canal Company
shall so regulate the tolls of said company from time to
time as to produce the largest amount of revenue, and to
avoid the injurious effect to said company of rival compe
tition by other internal improvement companies. They shall
require the directors of all said public works to guard the
public interest and prevent the establishment of tolls which
shall discriminate against the interest of the citizens or
products of this State and from time to time, and as often
as there shall be any change in the rates of toll on any of
the said works, to furnish the said Board of Public Works a
schedule of such modified rates of toll, and so adjust them
as to promote the agricultural interests of the State; they
shall report to the General Assembly at each regular session,
and recommend such legislation as they may deem necessary
and requisite to promote or protect the interests of the State
in the said public works; they shall perform such other
duties as may be hereafter prescribed by law, and a majority
of them shall be competent to act. The Governor, Comp-
troller and Treasurer shall receive no additional salary for
services rendered by them as members of the Board of Pub-
lie Works. The provisions of the Act of the General As-
sembly of Maryland of the year 1867, Chapter 359, are here-
by declared null and void.

Sac. 3. The Board of Public Works is hereby authorized,
subject to such regulations and conditions as the General
Assembly may from time to time prescribe, to sell the State’s
interest in all works of internal improvement, whether as a
stockholder or a creditor, and also the State’s interest in
any banking corporation, receiving in payment the bonds
and registered debt now owing by the State, equal in amount
to the price obtained for the State’s said interest.*

• Thus amended by Act of 1890. Chapter 363, and ratified by the people
November 8. 1891.


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Maryland Manual, 1935
Volume 152, Page 498   View pdf image (33K)
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