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Session Laws, 1904
Volume 209, Page 454   View pdf image
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454

LAWS OF MARYLAND.

 

steamboats, tugs, barges, lighters and' other vessels to ply in

May charter
or build

connection with said railroad to any port or ports, place or

boats, etc.

places whatsoever, and to connect with any other railroad,

 

steamship or steamboat line or company for the transportation

 

of freight and passengers.

 

SEC. 6. And be it enacted, That the said Baltimore and

Right to con-
solidate with

Southwestern Railroad Company shall have power to unite,

other rail-

connect and consolidate with any railroad company or com-

roads.

panies either in or out of this State, so that the capital stock of

 

said companies so united, connected and consolidated, respec-

 

tively, may, at the pleasure of the directors, constitute a com-

 

mon stock, and the respective companies may thereafter con-

 

stitute one company, and be entitled to all the property, fran-

 

chises, rights and privileges and immunities which each of them

 

possess, have and enjoy under and by virtue of their respective

 

charters.

 

SEC. 7. And be it enacted, That the Baltimore and South-

Power to oper-
ate other rail-

western Railroad Company shall have power to lease or pur-

roads by pur-

chase and operate any railroad or railroads, either in or out of

chase of
same.

this State, for the purpose of carrying on their business, and

 

any other railroad company in this State shall have the right

 

to lease or sell its railroad or other property to the said Balti-

 

more and Southwestern Railroad Company.

 

SEC. 8. And be it enacted, That the said board of directors

Adopting
route or

of said corporation shall have the power and right to adopt

routes.

any route or routes for the said railroad, between the termini

 

mentioned in this Act, as to them shall seem most suitable and

 

proper, and shall have power, when necessary, to cross all

 

navigable rivers, streams or creeks, as well as rivers, streams

 

and creeks not navigable, by suitable bridges or causeways,

 

and also the right to cross the lines of other railroads and con-

 

demn easements therein.

 

SEC. 9. And be it enacted, That the capital stock of said

Capital stock
and privi-

company shall be five hundred thousand dollars, with the

leges.

privilege to increase the same to three million dollars, and

 

shall be divided into shares of one hundred dollars each, which

 

shall be collected by the directors of said railroad company

 

in such instalments and at such times and places as they may

 

appoint and require, and if any subscriber to said corporate

 

stock shall neglect or fail to pay any instalments or part or

 

parts of their subscriptions thus demanded, for the space of

 

twenty days next after the time the same shall be due and

 

payable, the stock on which it is demanded shall, at the pleas-

 

ure of said directors, be forfeited to the company and sold for



 
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Session Laws, 1904
Volume 209, Page 454   View pdf image
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