202

LAWS OF MARYLAND.

exceeding five per cent, per annum, for the purpose of raising
a sum of money sufficient to pay the county's subscription of
twenty-five thousand dollars to the capital stock of the Balti-
more and Eastern Shore Railroad Company," be and the same
is hereby approved.

Effective.

SEC. 2. And be it enacted, That this act shall take effect
from the date of its passage.

Approved March 31st, 1894.

CHAPTER 153.

AN ACT to authorize and empower the County Commis-
sioners of Talbot County to subscribe to the capital stock of
the Trappe, Easton and Cambridge Railroad Company.

May subscribe
to capital
stock.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the County Commissioners of Talbot county
be and they are hereby authorized and empowered to subscribe
to the capital stock of the Trappe, Easton and Cambridge
Railroad Company, to an amount not to exceed fifteen thousand
dollars; provided, however, that no such subscription shall be
made until the question of such subscription shall have been

Question to be
voted on.

submitted to the qualified voters of said county by the County
Commissioners thereof, and a majority of such qualified voters,
voting at said election on the question of such subscription,
shall have determined in favor of such subscription.

Date of elec-
tion.

SEC. 2. And be it enacted, That the County Commissioners
of Talbot county are hereby directed to submit the question
of such subscription to the capital stock of the said Trappe,
Easton and Cambridge Railroad Company to the qualified
voters of said county, as set forth in section one, at an election
to be held on the sixth day of November, in the year eighteen
hundred and ninety-four.

Subscription
dependent
upon result
of election.

SEC. 3. And be it enacted, That if the number of votes cast
at said election in favor of the subscription to said bonds as
aforesaid by said Talbot county, shall exceed the number of
votes cast at said election against such subscription as afore-
said, then the said board of County Commissioners for Talbot
county aforesaid, shall be authorized and directed to subscribe
to the capital stock of said railroad to the amount of fifteen
thousand dollars, as aforesaid.