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Session Laws, 1835
Volume 214, Page 581   View pdf image (33K)
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1835.

LAWS OF MARYLAND.

 

within two years after the canal or lock and dam navi-

CHAP. 335.

gation, authorised to be made by the act to which this

 

is a supplement, shall have been completed from the

 

Chesapeake and Ohio Canal to the mouth of George's

 

creek, continue the same up the said George's creek,

 

Savage or Potomac rivers, or having commenced the

 

same, shall at any time thereafter suspend the said

 

continuation of the said canal or lock and dam on either

 

of the said rivers or on George's creek, for the space

 

of one year, then the powers granted by the act to

 

which this is a supplement, shall not be so construed

 

as to prevent the Legislature of this State from autho-

 

rising any other company to continue the same, and

 

the Legislature reserves the right to authorise other

 

persons or companies to connect other rail roads with

 

the canal or lock and dam and rail roads of the said

 

company, subject to such regulations as are provided

 

in like cases for uniting with the Baltimore and Ohio

 

Rail Road, according to the regulations applied to the

 

Baltimore and Ohio Hail Road, and to provide for the

Rate of tolls

public use of said rail ways, and it is expressly under-

 

stood, that in estimating the tolls on the said canal or

 

lock and dam navigation, the same rate of tolls shall be

 

charged on the boats and vessels and the cargoes there-

 

of, of the said Union Company, as are charged on the

 

boats and vessels and cargoes of others.

Right of State to

SEC. 2. And be it enacted, That the State hereby

regulate

reserves to itself the right of hereafter, from time to

 

time, regulating the use by the public, of said compa-

 

ny's rail ways, at such places where a second rail way

 

cannot be made; which use the Legislature may pre-

 

scribe and secure, subject to such tolls as it may fix or

 

provide for having fixed, and subject to such conditions

 

and forfeitures upon said corporation as the Legisla-

 

ture in that behalf may direct.

Transfers

SEC. 3. And be it enacted, That the president and

 

directors of the said Union Company, are hereby au-

 

thorised and directed to receive such evidences of own-

 

ership, and be governed by such rules, respecting

 

transfers of stock and obligations of the said company,

 

as are received and adopted under the authority of the

 

United States for transfering funded debt of the United

 

States.



 
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Session Laws, 1835
Volume 214, Page 581   View pdf image (33K)
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