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EDWIN WARFIELD, ESQ., GOVERNOR.
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1293
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stock shall be paid, and upon failure to pay any such instal-
ment on any such subscription within twenty days after the
same shall be due and demandable, the stock on which pay-
ment is demanded shall, at the pleasure 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 instalments 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 Baltimore and
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CHAP. 767
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Ocean City Railway Company aforesaid shall have power to
unite, connect and consolidate with any railroad company or
companies either in or out of this State, so that the capital
stock of said companies so united, connected and consoli-
dated (respectively) may, at the pleasure of the directors,
constitute a common stock, and the respective companies
may thereafter constitute one company and be entitled to all
the property, franchises, 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 Ocean
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Authority to
unite and
connect with
other
railroads.
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City Railway Company shall have power to lease or pur-
chase and operate 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 Baltimore and Ocean City Railway Company.
SEC. 6. And be it enacted, That the said board of directors
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May lease or
purchase
other rail-
roads, etc.
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of said corporation shall have the power and right to adopt
any route or routes for the said railroad between termini
mentioned in their charter as to them shall seem most suit-
able and proper, and shall have power to cross, when neces-
sary, all rivers, streams or creeks by suitable bridges, ferries
or causeways; and also the right to cross the lines of other
railroads, and to condemn easements therein; and also the
right to pass into or through the city of Baltimore, or any
other incorporated city or town in the counties aforesaid,
by consent of the municipal authorites thereof.
SEC. 7. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 5, 1906.
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Additional
powers
granted.
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