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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2065   View pdf image (33K)
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1870.] OF THE SENATE. 648

Was read the second time and ordered to be engrossed for a
third reading.

The Senate bill entitled an Act to repeal sections 922 to

927 inclusive, of Article 4, of the Code of Public Local Laws
relating to the City of Baltimore, and to re-enact the same
with amendments, subject, "Home of the Friendless,"

Was read the second time and ordered to be engrossed for
a third reading.

The hour of one o'clock having arrived, the Senate proceeded
to the consideration of the report of the Committee on Finance
on the Senate Joint Resolutions relative to the alleged indebted-
ness of the Baltimore and Ohio Railroad Company to the State
of Maryland.
The question being upon the adoption of said report.

Mr. Earle submitted the following amendments to the report
of the Committee on Finance.

Resolved, Whereas, by a recent Act of the General Assem-
bly of Maryland, the charter of the Baltimore and, Potomac
Railroad Company has been extended, without requiring said
Company to pay into the Treasury of the State one-fifth, of
gross receipts of passenger money which shall be taken by said
Company for transportation of passengers between the cities
of Washington and Baltimore and intermediate points; and
and whereas, the Washington Branch of said Baltimore and
Potomac Railroad, in competing for freight and travel, must
necessarily become a rival work of the Washington Branch of
the Baltimore and Ohio Railroad; and whereas, the State of
Maryland, beside other interests, holds in said Washington
Branch the stock of five hundred and fifty thousand dollars,
which for several years has paid into the Treasury of the State
a dividend of ten per centum per annum; and, whereas, by the
law of her charter, the Baltimore and Ohio Railroad Company
is required to pay into the Treasury of the State one-fifth of the
gross receipts of passenger money taken by said Company for
transportation of passengers over her said Washington Branch,
and, whereas, this discrimination of twenty per centum against
a Road in which the State has so large an interest must mate-
rially affect and reduce the revenue of the State, arising from
this source ; and whereas, apart from tills interest it is just and
proper that these two roads should, as regards the State, be
placed upon an equal footing; and whereas, for the many fran-

chises that the Baltimore and Ohio Railroad Company has re-
ceived from the State, it is right that she should pay to the
State, out of her abundant and. prosperous means, a considera-
tion for the release of the one-fifth passenger money which it is
the purpose of this Act to grant; therefore,

Resolved, That section eight (8) of the Act of 1832, (chap.
175,) which exacts of the Baltimore and Ohio Railroad Com-


 

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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2065   View pdf image (33K)
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