1878. ] OF THE SENATE. 143
is by this Act authorized to make and execute for the purpose
of securing the payment of. the principal and interest of the
said bonds, are hereby declared to be, when the same shall
have been respectively made and executed, liens upon the
property, tolls and revenues of the Chesapeake and Ohio
Canal Company, to be held and enjoyed in preference to any
rights or liens which the State of Maryland may have in or
upon the said property, tolls and revenues of the said Chesa-
peake and Ohio Canal Company, until the said bonds, pro-
vided to be issued under this Act, and coupons thereon,
according to the legal obligations thereof against said Com-
pany, are wholly paid and satisfied, and also in preference to
any other claims or liens upon the said Chesapeake and Ohio
Canal Company, or its works or property, and in preference
to any bonds which may be subsequently issued by the said
Chesapeake and Ohio Canal Company, for the purpose of
putting and keeping the said canal and its works in good
condition and repair, for the payment of the current expenses
of the said canal, and for the providing of such supply of
water as may be necessary to make the said canal effective as
a means of transportation, or for any other purpose whatso-
ever.
SEC. 4. And be it enacted, That the said Chesapeake and
Ohio Canal shall have the power to build, purchase and
lease or rent any boats or tugs which they may deem neces-
sary at any time to have, keep or maintain on the said canal,
and to purchase or hire and maintain any horses or mules
needed for the proper working of said boats in said canal,
and to transport goods, merchandise and property of all
descriptions upon said canal, and to charge therefor, in addi-
tion to the tolls upon said canal, the sum of one cent per ton
per mile for the transportation on said canal, of such goods,
merchandise or other property, and also to make such charges
for receiving, weighing, delivering and storing such goods,
merchandise or other property, as the President and Direc-
tors of the said Chesapeake and Ohio Canal Company may,
from time to time, fix and prescribe.
SEC 5. And be it enacted. That this Act shall take effect
from and after the date of its passage.
Also, favorably,
Senate bill entitled an Act imposing a tax and prescribing
the mode of collecting the same on the privilege of selling
wine, ardent spirits or malt liquors within the limits of the
State of Maryland, for the support of Government, and to pay
the interest on the public debt.
Which was read the first time.
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