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HENRY LLOYD, ESQUIRE, GOVERNOR.
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211
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upon failure to pay any such installment on
any such subscription within twenty days after
the same shall be due and demandable, the
stock on which is demanded shall, at the pleas-
ure of said Board of Directors, be forfeited to
the company and sold for its benefit, but the
Board of Directors may remit such forfeiture
or may recover in the name of the company
such installment by suit or action at law, or in
such other way and upon such terms as they
may deem proper.
SEC. 4. And be it enacted, That the said Bal-
timore and Eastern Shore Railroad Company
aforesaid, shall have power to unite, connect
and consolidate with any railroad company or
companies either in or out of this State, so
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Forfeiture.
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that the capital stock of said companies so
united, connected and consolidated, (respec-
tively,) may, at the pleasure of the Directors,
constitute a common stock, and the respective
companies may thereafter constitute one com-
pany and be entitled to all the property, fran-
chises, rights, privileges and immunities which
each of them possess, have and enjoy under
and by virtue of their respective charters.
SEC. 5. And be it enacted, That the Baltimore
and Eastern Shore Railroad Company shall
have power to lease or purchase and operate
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May consoli-
date.
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any railroad or railroads either in or out of
this State, for the purpose of carrying on their
business, and any other railroad company in
this State shall have the right to lease or sell
its railroad or other property to the said Bal-
timore and Eastern Shore Railroad Company.
SEC. 6. And be it enacted, That the said Board
of Directors of said corporation shall have the
power and right to adopt any route or routes
for the said railroad, between the termini
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Lease or pur-
chase.
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mentioned in their charter as to them shall
seem most suitable and proper, and shall have
power to cross, when necessary, all rivers,
streams or creeks by suitable bridges or cause-
ways; and also, the right to cross the lines of
other railroads and to condemn easements
therein.
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Route.
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