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Proceedings of the House, 1892
Volume 398, Page 1131   View pdf image (33K)
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1892.] OF THE HOUSE OF DELEGATES. 1131
facility provided for in this Act, then this Act shall
be null and void."
Which was adopted.
Also, that the number of section 7 in the original
bill be changed to 9.
Which was adopted.
Mr. Ellegood submitted the following proposed
amendment:
AMENDMENT PROPOSED.
Section 2, line 6, strike out all after the word
"city," in said section.
Which was adopted.
Said bill, as amended, was then read a second time,
and ordered to be re-engrossed for a third reading.
Also,
Senate bill entitled an Act to amend the charter of
the Baltimore Union Passenger Railway Company,
and to authorize and empower said corporation to con-
solidate with any other passenger railway company,
With the following proposed amendments :
AMENDMENTS PROPOSED.
Amend section 1 by adding the following:
"Provided, however, That upon making any such
consolidation .any stockholder of any company con-
solidating with the Union Passenger Railway Com-
pany, as aforesaid, voting against said consolidation
or declining to assent to the same shall be paid by
the consolidated company the actual market value of
the stock held by him in the company so consolidat-
ing under the provisions aforesaid. If the parties
cannot agree upon the value of the said stock, the
same shall be submitted to arbitration, one arbiter to
be appointed by each of the parties, and the two so
appointed to choose a third, and if they fail to agree
upon the third arbitrator the Circuit Court of Balti-
more city shall, upon application of either party,
appoint such third arbitrator, and the decision of the
majority of the arbitrators so chosen shall be final
and conclusive on both parties."


 
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Proceedings of the House, 1892
Volume 398, Page 1131   View pdf image (33K)
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