374

LAWS OF MARYLAND

of the same, each share entitling the holder thereof

Ballot— how

to one vote; and said ballot shall be cast in person

cast.

or by proxy, and if two-thirds of all the votes of all

the stockholders shall be for the adoption of said

agreement, then that fact shall be certified thereon

by the secretary of the Worcester Railroad Com-

pany under the seal thereof, and the agreement so

adopted; if also adopted by the other railroad com-

panies as in the manner prescribed by said act of

Legislature of Delaware, a certified copy thereof

shall be recorded in the office of the recorder of

deeds in each of the counties aforesaid, and shall

from thence be deemed and taken to be the agree-

ment and act of consolidation of said companies,

Conclusive

and shall also be conclusive evidence of the due per-

evidence.

formance of all the acts necessary to such consolida-

tion; and a copy of the record of said agreement and

act of consolidation, duly certified by the recorder

of deeds in either of said counties, under his seal of

office, shall be evidence of the corporate existence

of said consolidated corporation.

SEC 4. And be it enacted, That upon the mak-

ing and perfecting of the agreement and act of con-

solidation as provided in said act of the Legislature

of Delaware and by the preceding section of this

act, and upon recording the same as aforesaid, the

corporations, parties thereto, shall be deemed and

One corpora-

taken to be one corporation by the name provided

tion.

in said agreement and act, possessing within this

State all the rights, powers, immunities, privileges

and franchises of the Worcester Railroad Company,

and also the powers to borrow money to such ex-

tent as may be necessary or expedient, and secure

Secure by
bond and mort-

the same by bond and mortgage of any or all its

gage.

property and franchises, and the right to lease its

railroad and other property and franchises to any

person or persons or body corporate for such periods

and upon such terms and conditions as it may deem

proper.

SEC. 5. And be it enacted, Upon the consumma-

tion of the said act of consolidation as aforesaid, all

and singular the rights, privileges and franchises of

the Worcester Railroad Company party to the same,

and all the property, real, personal and mixed, and all

debts due on whatsoever account, as well as of stock

subscriptions and other things in action, belonging