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Session Laws, 1892
Volume 397, Page 410   View pdf image (33K)
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410

LAWS OF MARYLAND.
Shore Railroad Company and which was to be second to a


mortgage to Baltimore City to the amount of five hundred


thousand dollars and,

Preamble.

WHEREAS, said Talbot County at an election held on the
eight day of November in the year eighteen hundred and


eighty-seven determined by a majority of its qualified voters


to endorse the bonds of said railroad company to the


amount of fifty thousand dollars and,


WHEREAS, the said Act of Assembly of eighteen hundred

Preamble

and eighty-six, chapter five hundred and nine was by joint


resolution number eleven duly approved by the General


Assembly of eighteen hundred and eighty-eight as the


constitution of this State directs ; and,


WHEREAS, by an Act of the General Assembly of Mary-

Preamble

land passed at its January session in the year eighteen


hundred and ninety chapter one hundred and fifty-eight


the Baltimore and Eastern Shore Railroad Company agree


to except from Talbot County a subscription of twenty-five


thousand dollars to the capital stock of said company in


lieu of the endorsement of its second mortgage bonds to the


amount of fifty thousand dollars as hereinbefore recited and


the County Commissioners of Talbot County were authorized


and empowered to subscribe to the capital stock of said rail


road company to the amount of said sum of twenty-five


thousand dollars, provided, the question of such supscrip


tion should be first submitted to the qualified voters of said


county at an election then to be held on the fourth day of


November, in the year eighteen hundred and ninety, and a


majority of said qualified voters voting at said election


should determine in favor of such subscription and,


WHEREAS, at said election held on the fourth day of

Preamble,

November, in the year eighteen hundred and ninety the


question of subscription of twenty -five thousand dollars by


Talbot County to the capital stock of said railroad company


was submitted to the qualified voters of said county and a


majority of the voters voting at said election did determine


in its favor and it now becomes necessary for the County


Commissioners of Talbot County to carry out in good faith


the agreement made by them with said railroad company


and ratified by a majority of the voters of said county in


the manner hereinbefore recited therefore,


SECTION 1. Be it enacted by the General Assembly of

To issue

Maryland. That the County Commissioners of Talbot

bonds.

County be and they are hereby authorized and empowered


to issue coupon bonds of said Talbot County to be signed


by the president of the board of commissioners of said county



 
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Session Laws, 1892
Volume 397, Page 410   View pdf image (33K)
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