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Session Laws, 1906 Session
Volume 479, Page 1262   View pdf image (33K)
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1262

LAWS OF MARYLAND.

CHAP. 740

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That in addition to the rights^ powers and franchises

Authority to
extend, alter
or change
railway, etc.

granted by the General Assembly of. Mary land by Chapter
195, Acts of 1868, to the former Emmitsburg Railroad Com-
pany, sold under foreclosure proceedings instituted in the
Circuit Court for Frederick county, and the rights and fran-
chises conferred upon the purchasers thereof by the certifi-
cate of incorporation under the general laws of this State,
authorizing the re-organization of railroad companies pur-
chased under foreclosure proceedings, all of which said rights,
powers, franchises and privileges, when not in conflict with
the provisions of this Act of Assembly, are hereby ratified
and confirmed to the said Emmitsburg Railroad Company,
said Emmitsburg Railroad is hereby authorized and em-
powered to extend, alter or change its line of railway to such
other points in Frederick county as the board of directors of
the said railroad company may determine, and to buy, build,
lease and operate the same, and to buy or lease such lands
or property as the board of directors may deem advantageous
to said company, with the right and power of condemnation,
as provided in the Code of Public General Laws, Article 23,
title " Corporations," sub-title " Railroad Companies," and
to buy, lease, sell or consolidate with any other railroad or
railway, and to connect or enter into traffic agreements with
any other railroads or railways which are hereby authorized
and empowered to contract with it.
SEC. 2. And be it further enacted, That the said Emmits-

May use elec-
tricity as a
motive
power.

burg Railroad Company, its lessees or assigns, be and they
are hereby authorized and empowered to use electricity as
well as steam as a motive power to operate the said road and
its extensions or connections, and to haul passengers, pack-
ages and freight on the said railroad, its extensions or con-
nections, and to charge such rate as compensation therefor
as the board of directors from time to time may determine.
SEC. 3. And be it further enacted, That the said Emmits-

May increase
its capital
stock.

burg Railroad Company may increase its capital stock to one
hundred thousand dollars ($100,000), and that the board of
directors of the said railroad company are hereby authorized
and empowered to borrow money and issue bonds in the
name of said company in such amounts as the board of
directors may deem necessary to carry out the provisions of
its charter, and to secure the payment of the same by mort-



 
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Session Laws, 1906 Session
Volume 479, Page 1262   View pdf image (33K)
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