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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2908   View pdf image (33K)
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ODEN BOWIE, ESQUIRE, GOVERNOR. 369

Sec. 15. And be it enacted, That any person who
may destroy, injure or impair any property of the
Company wilfully, or any person riding or driving
any vehicle on the said road, or leading or driving
any animal thereon, shall be liable to the same

Destroy or in-
jure.

penalties, and shall he proceeded against in the
same manner as is provided in reference to similar
offences as to the property and road of the West-
ern Maryland Railroad Company.

Sec. 16. And be it enacted, That the said Com-
pany shall be subject to the same obligations in

Proceed
against.

reference to the providing and ringing of bells
upon its locomotives, and to the same penalties for
neglect as are provided in reference to the Western
Maryland Railroad Company.

Sec. 17. And be it enacted, That the President

Ringing bells.

and Directors may borrow a sum, not exceeding
the amount of two hundred thousand dollars, and
secure the same by mortgage upon all the road
machinery, rolling stock and other assets of the
Company and its present and future net revenues,
and may make the same effective upon after ac-
quired property; or the said President and Direc-

May borrow.

tors may issue the first mortgage bonds of said
Company to said amount, and may secure the pay-
ment thereof by the execution of mortgage of the
character above mentioned, and they may sell or
dispose of the said bonds in such manner as they
may deem advisable.

Issue mort-
gage.

Sec. 18. And be it enacted, That if said road
shall not be commenced within the period of three
years from the passage of this Act, and be not
completed within seven years thereafter, this Act

Limit.

shall be null and void, and the Legislature re-
serves to itself the right to alter, amend or annul
this Act at pleasure.

Amend.

Sec. 19. And be it enacted, That this Act shall
take effect from the date of its passage.

Approved April 4, 1870.

In force.

24

 

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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2908   View pdf image (33K)
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