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Session Laws, 1835
Volume 214, Page 572   View pdf image (33K)
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THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1833.

be incorporated, by authority of this State, to connect

CHAP. 328

any other rail road with the rail road herein provided

Power to connect

for, if in forming such connexion no injury would be

other road; with

done to the rail road of the company hereby incorpo-

 

rated, that to he determined on by the commissioners

 

of Allegany county, and that the Legislature of this

Power of Legisla-

State at any time hereafter, may regulate, modify or

ture

change the control, use and estate of the rail road

 

hereby authorised to be made, in such manner as may

 

be equitable towards the company, and necessary to

 

the accommodation of the public travel and use of said

 

road; and from time to time to regulate and prescribe

 

the rate or tariff of tolls to he received by the compa-

 

ny hereby incorporated, for the transportation of per-

 

sons or property on said rail road, so that nevertheless

 

the nett profits to be received by said company, for the

 

use of said road, after payment of necessary expenses

 

of transportation, repair and improvement of said road,

 

shall not he reduced below six per cent on the cost of

 

the construction thereof and its appurtenances; and it;

Statement to Tre-

shall be the duty of said company to make annual re-

surer Western Shore

turns to the Treasurer for the Western Shore, of the

 

cost incurred in the construction of the said rail road

 

and its appendages, and of the expenses thereof, and of

 

the amount of tolls received for the preceding year.

 

SEC. 11. And be it enacted, That this act may be re-

Reservation to Le-

pealed or altered at the pleasure of the Legislature, at

gislature of power to repeal after

any time after the year eighteen hundred and seventy,

1870

excepting so far as relates to the rail road aforesaid,

Except as to rail

and the property therein; and at any time after said

road

year thia act may be entirely repealed, and the said

 

rail road vested in the State on a reasonable compen-

 

sation being provided and rendered to the said com-

 

pany for its interest therein, and the powers hereby

 

granted for the construction of said rail road may he

 

revoked, unless the said rail road shall be fully com-

Time of comple-

pleted for use within four years from the completion of

tion

the Chesapeake and Ohio Canal to Cumberland.

 

SEC. 12. And be if enacted, That this act, nor no

No banking privi-

part thereof, shall he so construed as to give the said

lege

corporation any banking privileges.

 


 
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Session Laws, 1835
Volume 214, Page 572   View pdf image (33K)
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