784

LAWS OF MARYLAND.

		CHAPTER 534. AN ACT to authorize the consolidation of the Washington City and Point Lookout Railroad Company and the Wash- ington and Potomac Railroad Company into one corporation under certain contingencies and conditions.
	Preamble.	WHEREAS, The Washington City and Point Lookout Rail- road Company, incorporated under the General Laws of the State of Maryland by certificate of incorporation dated the 23d day of February, 1872, and the Washington and Potomac Railroad Company, incorporated in like manner under the pro- visions of law for the incorporation of railroad companies, after a receiver's sale, by certificate of incorporation dated the 1st day of February, 1886, run immediately parallel and adja- cent to each other; and
	Preamble.	WHEREAS, The route, direction and proximity of said rail- roads is such as to negative the idea that either of them can be run to their own financial advantage or to the material advantage of the county traversed by them; and
	Preamble.	WHEKEAS, For the mutual benefit of both of said compa- nies and for the benefit of the residents of the section of country traversed by them, it is desirable that a consolidation, which will lead to the construction, equipment and mainte- nance of one road, should be made; and
	Preamble.	WHEREAS, The said Washington City and Point Lookout Railroad Company is now, under a decree of the Circuit Court for Prince George's county, in the hands of a receiver, and will shortly be sold at receiver's sale; and
	Preamble.	WHEREAS, Under the reorganization of said Washington City and Point Lookout Railroad Company, under the provi- sions of the law relating to the formation of railroad compa- nies after receiver's sale, it will be competent for said companies to consolidate, but some doubts exist as to the cor- porate rights previously granted said respective corporations ; therefore,
	May consol- date.	SECTION 1. Be it enacted by the General Assembly of Maryland, That the Washington City and Point Lookout Railroad Company when sold and reorganized after the receiver's sale shortly to be made thereof, in conformity to the provisions of law in such cases made and provided, and the