1680 ARTICLE 6.

and shall not in anywise be a Ken upon or encumber any other property or
assets of the said corporation, nor be treated as a debt or liability of the
said company otherwise than as a specific lien on that part of said branch
railroad located within said county, which shall constitute the only fund
and security for its payment; the said mortgage shall be recorded as other
mortgages are in the clerk's office of Caroline County, and in case of de-
fault for the space of one year in the payment of any instalment of interest
or of non-payment of the principal at maturity, the said County Commis-
sioners are hereby expressly authorized and empowered to institute pro-
ceedings in equity in the Circuit Court of Caroline County to foreclose the
said mortgage, and in case of sale in such proceedings the said County
Commissioners are expressly authorized and empowered to purchase the
said mortgaged premises at any sum less than the amount unpaid on the
said mortgage for and on account of the said county.

1890, ch. 390, sec. 4.

469. The said branch railroad shall be constructed and laid down
within one-half mile of the courthouse of Caroline County.

1892, ch. 33, sec. 1.

470. The aid to the Delaware and Chesapeake Railway by the County
Commissioners of Caroline County in the construction of the branch rail-
road authorized by chapter two hundred and sixty of the Acts of eighteen
hundred and eighty-six, by issuing the bonds of said county to the amount
of sixty thousand dollars, for the purpose of raising money to be expended
in said construction of said branch railroad, and to levy a tax on the taxable
property of said county for the payment of the interest and principal of
said bonds as authorized by the Act of the General Assembly of Maryland
of eighteen hundred and ninety, chapter three hundred and ninety (Sec-
tions 466-469 of this Article) is hereby ratified, confirmed and approved.

1892, ch. 33, sec. 2.

471. The County Commissioners of Caroline County are hereby au-
thorized and empowered to aid the Delaware and Chesapeake Railway in
the construction of the said branch railroad authorized by chapter two hun-
dred and sixty of the Acts of eighteen hundred and eighty-six, by issuing
the bonds of Caroline County to the amount of sixty thousand dollars, for
the purpose of raising money to be expended in such construction, and to
levy a tax on the taxable property of said county for the payment of the
interest and principal of said bonds, and that the said bonds shall be issued
and said tax levied, and the said aid extended to said Delaware and Chesa-
peake Railway upon the terms, conditions and limitations contained and
expressed in Sections 466 to 469 of this Article, which terms, conditions
and limitations are hereby made a part of this Act.

1929, ch. 551.

472. All the property, real and personal, of the Maryland and Dela-
ware Coast Railway Company shall be exempt for a period of four years
from all county and municipal taxes.