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1929 Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 376, Page 580   View pdf image (33K)
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580 ARTICLE 91.

1927, ch. 207, sec. 8.

110. The right to sell, assign, transfer and mortgage all or any part
of its property, including all or any part of the franchises, rights, powers,
privileges and immunities conferred by this sub-title or otherwise acquired
is hereby granted to said Company, and to its successors and assigns; and
that any person, partnership, association or corporation to which such
property, franchises, rights, powers, privileges and immunities or any
thereof may be sold, assigned or transferred, or who shall acquire the same
by mortgage foreclosure or otherwise, is hereby authorized and empowered
to own said property and to hold, exercise and have such franchises, right,
powers, privileges and immunities as fully as though conferred herein
directly upon such person, partnership, association or corporation, subject,
however, to all the limitations thereof provided by the terms of this sub-
title.

1927, ch. 207, sec. 9.

111. In addition to its power to acquire said bridge and appurtenant
property by condemnation upon payment of just compensation as now
provided by statutory and constitutional authority, the State of Maryland
shall have the right upon or after the expiration of twenty years from the
date of the opening of said bridge to traffic and upon not less than two
years' notice in writing from the Chairman of the State Roads Commis-
sion to the Company, its successors or assigns, to take over by purchase, at
cost, said bridge together with all other property, rights, and appurte-
nances owned and held by said Company, its successors or assigns then
valuable and serviceable in the maintenance and operation of said bridge,
Such cost shall be determined by agreement between the State Roads Com-
mission and the said Company, its successors or assigns, and in case of
failure to agree, by a proceeding in Equity to be instituted by the State
of Maryland in the Circuit Court of Baltimore County, with the right of
either party to appeal to the Court of Appeals of Maryland.

1927, ch. 207, sec. 10.

112. None of the provisions contained in Sections 153 to 160, inclusive,
of Article 23 of the Code of Public General Laws of this State shall be
deemed to be applicable to said bridge or to said Company, its successors
and assigns with respect thereto.

1927, ch. 207, sec. 11.

113. The authority hereby granted shall cease and be null and void,
unless the construction of said bridge be commenced within two years and
completed within five years from the date of approval hereof.

1927, ch. 207, sec. 12.

114. The provisions of this sub-title are subject to all valid and appli-
cable provisions of laws of the United States, concerning bridges over
navigable waters of the United States.


 

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1929 Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 376, Page 580   View pdf image (33K)
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