WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 455
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redeemable, however, at the pleasure of the com-
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pany at any time after the expiration of five years
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from their respective dates, bearing an interest not
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to exceed six per centum per annnm, payable semi-
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Rate of inter-
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annually on presentation of interest coupons to be
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est
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issued with the bonds, and to secure the payment of
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the principal and interest of said bonds by a mort-
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gage conveying all the road of said company, all its
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buildings, rights, franchises and privileges, and its
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net revenues and tolls.
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SEC. 7. And be it enacted, That this act shall
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Effective
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take effect from the date of its passage.
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Approved April 10, 1880.
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CHAPTER 305.
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AN ACT to repeal section two, chapter four hun-
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dred and four, of an act passed at the January
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session of eighteen hundred and seventy-eight,
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entitled "An act to prevent the increase of gates
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in Calvert county, and provide for their removal
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from the mail route in said county," and to re-en-
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act the same with amendments.
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SECTION 1. Be it enacted by the General Assembly
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of Maryland, That section two, chapter four hun-
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dred and four, of an act passed at January ses-
sion, eighteen hundred and seventy-eight, entitled
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Repealed and
re-enacted
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"An act to prevent the increase of gates in Calvert
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county, and provide for their removal from the mail
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route in the said county," be and the same is hereby
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repealed and re-enacted so as to read as follows :
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SEC. 2. And be it enacted, That from and after
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the first day of November, in the year eighteen hun-
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When unlaw-
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dred and eighty-one, it shall not be lawful for any
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ful.
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person to erect or keep any gate on or across any
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