ART. 3 ] STATE OF MARYLAND. 43

SEC. 52. The Governor, Comptroller, and Treasurer of

Balt & Ohio Rail
Road Stock may

l^he State are hereby authorized, conjointly, or any two of

be exchanged

them, to exchange the State's interest as stockholder and

creditor in the Baltimore and Ohio Rail Road Company

for an equal amount of the bonds or registered debt now

owing by the State ; and, subject to such regulations and

conditions as the General Assembly may from time to time

prescribe, to sell the State's interest in the other works of

Sale of other

internal improvement, whether as a stockholder or a credi-

Stocks.

tor; also, the State's interest in any banking corporation,

and receive in payment the bonds and registered debt now

owing by the State, equal in amount to the price obtained

for the State's said interest ; Provided, that the interest of

the State in the Washington Branch of the Baltimore and

Ohio Rail Road be reserved and excepted from sale; and,

Provided further, that no sale or contract of sale of the

State's interest in the Chesapeake and Ohio Canal, the

Chesapeake and Delaware Canal, and the Susquehanna

and Tide-Water Canal Companies shall go into effect until

the same shall be ratified by the ensuing General Assembly.

SEC 53. The General Assembly before authorising the

Chesapeake & Ohio

sale of the State's interest in the Chesapeake and Ohio

Canal may be sold
to Allegany, &c
Counties

Canal, and before prescribing regulations and conditions

for said sale, shall pass all laws that may be necessary to

authorize the Counties of Allegany, Washington, Frede-

rick and Montgomery, or any one of them, to create a debt

by the issue of bonds or otherwise, so as to enable them,

or any of them, to become the purchasers of said interest.

SEC. 54. The General Assembly shall have power to

Regulations of

regulate by law, not inconsistent with this Constitution, all

Elections

matters which relate to the Judges of Election, time, place

and manner of holding elections in this State, and of

making returns thereof.

SEC. 55 The General Assembly shall have power to

Laws to be passed

pass all such laws as may be necessary and proper for

to carry this Con-
stitution into effect.

carrying into execution the powers vested by this Consti-

tution, in any department or office of the Government, and

the duties imposed upon them thereby.