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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 265   View pdf image (33K)
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CORPORATIONS. 265
Companies for the Erection of Bridges or Construction of Canals.

An. Code, 1924, sec. 153. 1912, sec. 125. 1904, sec. 113. 1888, sec. 86.
1868, ch. 471, sec. 118. 1929, ch. 571, sec. 153.

153. If any corporation formed under the provisions of this Article
shall desire to erect any bridge over any river, creek or stream of water in
this State, or between this and another State, or shall desire to dig, con-
struct or maintain any canal for transportation by means of water, the said
corporation must have obtained or shall first obtain the consent, in writing,
of the county commissioners of the county in which said bridge or said
canal may be proposed to be located; or if said bridge be proposed to be
erected over a stream dividing two counties, or if the said canal be pro-
posed to be dug, constructed or maintained through or over the lands of
two or more counties, then such corporation shall obtain the consent, in
writing, of the county commissioners of both of said counties; and the
resolution of the said county commissioners giving said consent shall be
recorded amongst the proceedings of said commissioners, and also in the
journal or book of proceedings of said corporation.

An. Code, 1924, sec. 154. 1912, sec. 126. 1904, sec. 114. 1888, sec. 87.
1868, ch. 471, sec. 119. 1929, ch. 571, sec. 154.

154. The corporation may agree with the owners for the lands or prop-
erty of any kind whatsoever, or interest therein, necessary for the abut-
ments of the bridge and the lands necessary for the digging, constructing
and maintaining of a canal, and for roads and ways thereto, and for earth
or stone required in the construction of said bridge or of said canal and of
said ways, approaches, terminals, docks and wharves; and the rights
acquired by agreement shall be conveyed by deed, duly acknowledged and
recorded. In case of failure to agree, or of disability of the owners to con-
tract, or of their absence from the State, the corporation may obtain the
lands, or property of any kind, or interest therein, earth and stone by con-
demnation. The corporation may proceed to condemn under the pro-
visions of Article 33A of the Annotated Code of Maryland, title "Eminent
Domain, " or it may proceed, and is hereby expressly authorized so to do,
under the provisions applicable to railroad companies set forth in Sections
303 and 204 of Article 23 of the Annotated Code of Maryland, title.
"Corporations. "

Building or Homestead Associations.

An. Code, 1924, sec. 161. 1912, sec. 134. 1904, sec. 122. 188S, sec. 95.
1S68, ch. 471, sec. 84. 1931, ch. 467.

161. Any homestead or building association, formed under the pro-
visions of this Article, shall have power, in its certificate of incorporation
or its by-laws, to limit the number of shares which each stockholder may
be allowed to hold; to prescribe the entrance fee to be paid by each stock-
holder at the time of subscribing; and to regulate the instalments to be
paid on each share; provided, the same shall not exceed the sum of one


 

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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 265   View pdf image (33K)
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