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Maryland Manual, 1945-46
Volume 161, Page 353   View pdf image (33K)
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MARYLAND MANUAL 383

in which the State has the legal power to appoint directors,
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 reg-
ulate 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 competition by other internal improve-
ment 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 reg-
ular 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,
Comptroller and Treasurer shall receive no additional salary
for services rendered by them as members of the Board of Pub-
lic Works. The provisions of the Act of the General Assembly
of Maryland of the year 1867, Chapter 359, are hereby declared
null and void.

SEC. 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 reg-
istered debt now owing by the State, equal in amount to the
price obtained for the State's said interest.*

ARTICLE XIII.
NEW COUNTIES.

SECTION 1. The General Assembly may provide, by law,
for organizing new counties, locating and removing county
seats and changing county lines; but no new county shall be
organized without the consent of the majority of the legal
voters residing within the limits proposed to be formed into
said new county; and whenever a new county shall be pro-

* Thus amended by Act of 1890. Chapter 368, and ratified by the people November 8, 1891.

 

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Maryland Manual, 1945-46
Volume 161, Page 353   View pdf image (33K)
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