WM. PINKNEY WHYTE, ESQUIRE, GOVERNOR. 175
SEC. 9. And be it enacted, That any exemption of
the capital stock, bonds or other property of the said
Union Railroad Company, of Baltimore, from taxa-
tion, by its charter or by any other law, be and the
same is hereby repealed, and the capital stools', as
well as the bonds of said Company, shall be liable to
taxation; and the said Company shall pay the taxes
that may be levied on its bonds, and deduct the
amount of taxes so paid from the interest paid to its
bond holders, and the General Assembly reserves
the right to change the mode of imposing taxation
on the property and other assets of said Company, as
public policy and the interest of the State may in
the future require.
SEC. 10. And be it enacted, That this Act shall take
effect from the date of its passage.
Approved March 27, 1872.
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Exemption
repealed.
Company to
pay taxes
In force.
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CHAPTER 120.
AN ACT to repeal section four of chapter seventy-
one of the Acts of the General Assembly of Ma-
ryland, passed at the January session, eighteen
hundred and seventy-two, and entitled " An Act
to amend the Act incorporating the Western Mary-
Railroad Company, and to give additional powers
to said company."
SECTION 1. Be ii enacted by the General Assembly of
Maryland, That section four of chapter seventy-one
of the Acts of the General Assembly of Maryland,
passed at the January session, eighteen hundred and
seventy-two, and entitled "An Act to amend the Act
incorporating the Western Maryland Railroad Com-
pany, and to give additional powers to said compa-
ny," be and the same is hereby repealed.
SEC. 2. And be it enacted. That this Act shall take
effect from the date of its passage.
Approved March 25, 1872.
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Repealed
In force.
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