122

LAWS OF MARYLAND.

view to own and operate the same as a railroad;

therefore,

SECTION 1. Be it enacted by the General Assem-

bly of Maryland, That the said Eastern Shore Kail-

road Company, as reorganized, be and the same is

Empowered

hereby authorized and empowered to acquire by

to acquire by

purchase, from the present holders thereof, all the

purchase.

said Eastern Shore Railroad, and all the rolling

stock, property of every kind, furniture, effects,

franchises and corporate rights, formerly belonging

or appertaining to the said Eastern Shore Railroad

Company, and when the same shall have been so

acquired by the said Eastern Shore Railroad Com-

pany, as reorganized, by purchase from the said

present holders thereof, and the said sale and pur-

chase shall be properly evidenced by the deed of the
said present holders, duly executed and recorded

according to law, the said Eastern Shore Railroad

Company, as reorganized, shall have, own and pos-

sess all and singular the said rolling stock, property

of every kind, furniture and effects, and all the

franchises, corporate rights and chartered privileges

conferred on the said Eastern Shore Railroad Com-

pany by the Act of Assembly passed at January ses-

sion, eighteen hundred and fifty-three, chapter

eighty-four, entitled "An act to incorporate the

Eastern Shore Railroad Company," except in so far

as the provisions of the said charter may be amended
by this or any future Act of Assembly ; but the said

Eastern Shore Railroad Company, as reorganized,

Not liable for

shall not be liable for any debt contracted by the

debt.

said Eastern Shore Railroad Company other than

the first mortgage bonds issued by the said Eastern

Shore Railroad Company and secured by the mort-

gage deed of the said Eastern Shore Railroad Com-

pany, dated the twenty-seventh day of January,

eighteen hundred and sixty, which is by the said

decree declared to be a lien on the said railroad,

property and franchises of the said Eastern Shore

Railroad Company, and which is hereby declared

to be a legal and valid first lien upon the same, in

the same manner, in the hands of the said com-

pany, as reorganized, after the said road, property

and franchises shall have been so acquired by pur-

chase, and the said company, as reorganized, after