JOINT RESOLUTIONS.

707

WHEREAS, By section five (5) of said act of eighteen

hundred and thirty, chapter one hundred and fifty-

Preamble.

eight, it is expressly provided that nothing in said

act contained shall be so construed to preclude

the Legislature of this State from the imposition

of such taxes as shall be reasonable and just, in

accordance with the burthens imposed on other

real or personal property; and

WHEREAS, The supplement to said act, passed at

December session, eighteen hundred and thirty-

Preamble.

two, chapter one hundred and seventy-five, and as

well as the beforenamed act, accepted by said com-

pany expressly declares that the whole amount of

stock subscribed for the construction of said Wash-

ington Branch Railroad shall be considered as a

separate and distinct stock forever; and

WHEREAS, It is the sense of this General Assembly,

in view of the provisions referred to, that nothing

Preamble

in the act incorporating said company, or in any

of its supplements, which may have been or might

be in the future, construed as exempting from

taxation the capital stock of said company, can or

ought to apply to said Washington Branch Rail-

road, or any of the works connected therewith, or

any part of the capital of said road, as defined in

section five of the acts passed at December session,

eighteen hundred and thirty-one, chapter three

hundred and thirty, and section three of the act

passed at December session, eighteen hundred and

thirty-two, chapter one hundred and seventy-five ;

and

WHEREAS, Through a misapprehension of the rights

Preamble.

of the State in the premises, the property, real

and personal, of said Washington Branch Rail-