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64
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STATE OF MARYLAND.
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CHAP. 52.
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railroad company, with whose line of railway its line of
railway may actually connect or intersect; and further, to
consolidate with such intersecting or connecting railway
company, by agreement of lease or other agreement of
consolidation, authorized by the respective boards of directors
of said companies, which consolidated company shall have and
possess the corporate title, rights, powers and franchises of the
said Queen Anne's Railroad Company, and the franchises,
rights and privileges of such connecting lines, and shall have
the power to issue or assume the payment of mortgage bonds
upon its railroad property constructed and acquired, to an
amount not exceeding thirty thousand dollars per mile upon
its whole line of railway actually completed and constructed.
SEC. 2. And be it enacted, That the connection or extension
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Where to
build
connection.
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of said railway herein authorized to be built or acquired shall
commence at some point oil the present line of the Queen
Anne's Railroad as now constructed, east of Den ton, in Caro-
line county, and run in a southerly direction to Federalsburg,
and thence to Salisbury, in Wicomico county, and thSnce to
Snow Hill, in Worcester county ; thence in a southerly direction
to the Virginia State line to connect with a line of railway
authorized or permitted to be constructed by the laws of the
State of Virginia, with the right and privilege to said railway
company to construct branch tracks or spurs or feeders extend-
ing from its main line hereby authorized not exceeding twenty-
five miles in length.
SEC. 3. And be it enacted, That in order to encourage,
assist and enable the immediate construction of the said
railway hereby authorized through the said counties of Caro-
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Exempt from
taxation.
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line, Dorchester, Wicomico and Worcester with the resulting
benefit of the additional facilities of traffic thus to be afforded
to the people of said counties, the capital stock, bonds,
franchises and property of the said Queen Anne's Railroad
Company in the counties aforesaid, are hereby made and
declared to be exempt from all county and municipal taxation
for a period of ten years from the date of the completion of
the said railroad as hereby authorized to be constructed in said
counties.
SEC. 4. And be it enacted, That the privileges of exemp-
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When
effective.
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tion from taxation in this Act contained shall not be and
remain in force and effect if the said line of railroad author-
ized in this Act shall not be constructed and completed in the
counties aforesaid within four years from the date of the
passage of this Act, or in caee the said Queen Anne's Railroad
Company or its property and franchises shall be purchased,
acquired, leased by or consolidated with any other railway
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