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Session Laws, 1896 Session
Volume 475, Page 404   View pdf image (33K)
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404

LAWS OF MARYLAND.

May sell
stock,

or pledge the shares of stock which may be subscribed for, at
not less than their par value, and apply the proceeds thereof
to the payment of said bonds or the interest thereof.

Directors on
behalf of .
county.

SEC. 9. And be it enacted, That as soon as the County
Commissioners of Dorchester county shall have subscribed in
the name and on behalf of said county, to the capital stock
of said company, as aforesaid, the said county shall be entitled
to two directors in the said company, who shall be" appointed
by the said County Commissioners, and shall have the same
powers, rights, duties and privileges as belong to other direc-
tors of the said company.

When stock
not to be
voted.

SEC. 10. And be it enacted, That in the election of directors
on the part of the private stockholders, the stock of Dorches-
ter county shall not be voted nor shall the same be counted
in ascertaining the presense of a quorum necessary for such
election.

SEC. 11. And be it enacted, That at the next regular elec-

Question to be
voted on.

tion for members of the House of Delegates, this act shall
be submitted to a vote of the persons legally qualified to vote
at said election for members of the House of Delegates; and
at said election the question of railroad subscription shall be
printed upon the ballots after the list of candidates, with the
words, "for railroad subscription," and the words, "against
railroad subscription," so printed as to give each voter a clear
opportunity to designate by a cross mark X, in a sufficient
margin at the right of such submitted question, his answer to
the submitted question, and the said vote so cast for railroad
subscription or against railroad subscription, shall be accurately
counted by the judges of election and duly returned by them
to the clerk of the Circuit Court of said county, who shall,
within twenty days alter the receipt of said return, announce
the result of said vote by proclamation, inserted in the news-
papers published in said county. And if it appears that of
the number of ballots cast for and against railroad subscrip-
tion, a majority shall be "for railroad subscription," then all
the provisions of the aforegoing sections of this act shall imme-
diately after such proclamation take and go into effect.

This act to be
published.

SEC. 12. And be it enacted, That this act shall be published
in the newspapers published in said county for two months
preceding the next election to be held for members of the
House of Delegates, and shall be subject to the approval of a
majority of all the members elected to each House of the



 
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Session Laws, 1896 Session
Volume 475, Page 404   View pdf image (33K)
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