CALVERT COUNTY. 1503

1924, ch. 596, sec. 5. 1927, Res. 26.

238. The County Commissioners of Calvert County shall have power
at any time, out of any surplus funds belonging to the said county and
ont of any funds received as dividends on or any other way resulting
from the ownership of said shares of stock in said company that shall
build the aforesaid railroad to purchase at their market value, redeem
and retire any of the bonds hereby authorized to be issued, and said
bonds so purchased or acquired shall be thereupon cancelled and de-
stroyed; provided that no bonds shall he so purchased or acquired unless
all coupons thereof and not yet due shall remain attached to said bonds
at the time of said purchase or acquirement.

1924, ch. 596, sec. 6. 1927, Res. 26.

239. Said bonds not to exceed two hundred thousand dollars ($200,-
000) par and face value of principal as aforesaid shall be delivered by the
County Commissioners of Calvert County to the Baltimore and Virginia
Railroad Company or any other corporation thait shall build a railroad
from a point at or near Drum Point, in Calvert County, to a point at or
near Millersville, in Anne Arundel County, and in the event that Anne
Arundel County fails to join in aiding the building of said railroad and
fails to subscribe for stock in the corporation that undertakes, to build and
builds said railroad, then the said bonds not to exceed two hundred thou-
sand dollars ($200,000) par and face value of principal as aforesaid shall
be delivered by the County Commissioners of Calvert County to the Balti-
more and Virginia Railroad Company or any other corporation that shall
build a railroad from a point at or near Drum Point in Calvert County,
to connect with the Chesapeake Beach Railway at or near Owings, in
Calvert County; and said bonds shall not be delivered until said road
shall have been completely built or its completion assured.

1924, ch. 596, sec. 7. 1927, Res. 26.

240. The County Commissioners of Calvert County be and they are
hereby anithorized to sell or pledge the shares of stock which may be
subscribed for at not less than their par value, and to apply the proceeds
thereof to the payment of said bonds and the interest.

1924, ch. 596, sec. 8. 1927, Res. 26.

241. The County Commissioners of Calvert County are hereby author-
ized and empowered, either in person or by proxy, to vote the stock so to
be subscribed for at any meeting of the stockholders of the corporation
issuing said stock.

1924, ch. 596, sec. 9. 1927, Res. 26.

242. This Act shall be published by the County Commissioners of
Calvert County in the newspapers printed in Calvert County for two

months preceding the next election for members of the House of Delegates
and be subject to the approval of a majority of all the members elected to

each of the General Assembly of Maryland at its next session after the