clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3069   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

210

LAWS OF MARYLAND.

 

CHAPTER 157.

 

AN ACT to empower the Frederick and Pennsyl-

 

vania Line Rail Road Company to lease" its road.

 

SECTION 1. Se it enacted by the General Assembly of

Empowered to

Maryland, That the Frederick and Pennsylvania

lease.

Line Rail Road Company be, and it is hereby author-

 

ized and empowered to lease for such term or terms

 

of years, as its President and Directors may deem

 

advisable, the road of said company, its rights, priv-

 

ileges and franchises, and all its property, to such

 

person or persons, body or bodies corporate, either

 

residents of this State or doing business therein, or

 

non-residents of this State, or not doing business

Proviso

therein, as the said President or Directors may con-

 

tract with upon such terms, and for such sum or

 

sums of money as the said President and Directors

 

may regard most advantageous ; provided, never-

 

theless, the stockholders holding the majority of

 

stock of said company, assent to said road being

 

leased; and, provided, such assent be first procured

 

at a general meeting of said stockholders, to be held

 

at such place as the President and Directors may

 

prescribe, after giving not less than thirty days pub-

 

lic notice of the time, place and object of such meet-

 

ing.

 

SEC. 2. And be it enacted, That if at such gen-

 

eral meeting of said stockholders of said compa-

Majority of
stock to assent

ny, the stockholders holding the majority of stock

 

assent to the said road being leased, the said Presi-

 

dent and Directors shall have, and are hereby in-

 

vested with full power and authority to make, or

 

cause to be made, such indentures, leases or instru-

 

ments of writing, as may from time to time be

 

necessary to transfer and convey to the lessee of said

 

company absolutely, or for a limited period of time,

 

all the rights, franchises, privileges, property and
appurtenances acquired, owned or belonging to the
said Frederick and Pennsylvania Line Rail Road

 

Company, under and by virtue of its original act of

Excepting

incorporation, and the amendments thereof; save

 

and except the rights, privileges, franchises and

 

powers conferred upon it by the act of the General

 

Assembly of Maryland, passed January session,



 
clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3069   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This information resource of the Maryland State Archives is presented here for fair use in the public domain. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: Rights assessment for associated source material is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!


[ Archives' Home Page  ||  Maryland Manual On-Line  ||  Reference & Research
||  Search the Archives   ||  Education & Outreach  ||  Archives of Maryland Online ]

Governor     General Assembly    Judiciary     Maryland.Gov

An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 01, 2018
Maryland State Archives