688

LAWS OF MARYLAND.

class of such preferred stock, or for the redemption of the prin-

cipal thereof, the revenues from any specific department of its

Rights of

business, or the proceeds of any specific portions of its assets

stockhold-
ers and

or propertv, or the revenues therefrom, provided, that no injus-

creditors.

tice shall thereby be clone to the rights of other stockholders or

creditors of the company.

May consoli-
date with

SEC. 8. And be it enacted, That the said company so incor-

other com-

porated shall have the power to contract for and purchase, or

panies.

lease, or consolidate with any other line or lines or parts of

lines of any other railroad company or electric power company

now authorixed, constructed or hereafter to be constructed in

Harford and Cecil Counties in the State of Maryland, or in the

State of Pennsylvania, and nothing in this Act shall be con-

strued to authorize this company to conduct an electric light or

power business in Baltimore County or Baltimore City.

Empowered

SEC. 9. And be it enacted, That said company be and it is

to supply
electricity.

hereby authorized and empowered to supply the public, includ-

ing both individuals and corporations within Harford, Cecil and

Baltimore Counties, in the State of Maryland, and in the State

of Pennsylvania, forms of electricity and steam pressure, or

either of said forms, and in any and all other forms, for use

in driving machinery, and for light, heat and all purposes and

uses to which the power so applied can be made applicable, and

to fix. charge, collect and receive rates and tolls therefor.

SEC. 10. And be it enacted, That this Act shall take effect

from the date of its passage.

Approved April 12, 1904.

CH APTER 394.

AN ACT to authorize and empower the Mayor and City Coun-

cil of Ellicott City to issue bonds for the purpose of supply-

ing said city with water, ami for the construction of other

internal improvements therein, and to allow the citizens

thereof to determine by ballot whether the same shall be is-

sued.

Bonds for a

SECTION 1. Be it enacted by the General Assembly of Mary-

water sup-
ply etc.

land, That the Mayor and City Council of Ellicott City are here-

by authorized and empowered to issue bonds to the amount not

exceeding fifty thousand dollars, for the purpose of supplying

said city with water and constructing internal improvements

therein, and submitting the question to an election to be held in

said city, which said bonds shall be so drawn that one thousand

dollars or more of the principal thereof shall be due and pay-

able at the expiration of one year from the date of said issue.

and a further sum of one thousand dollars or more at the ex-

piration of each succeeding year thereafter, until the whole

number of bonds shall be redeemed, said bonds to be issued in