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Session Laws, 1888 Session
Volume 481, Page 679   View pdf image (33K)
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ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

SEC. 4. And be it enacted, That the said Balti-
more and Cape Charles railroad company shall

679

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 and consolidated
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 and
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

May consoli-
date.

and Cape Charles railroad company shall have
power to lease or purchase and operate any rail-
road, either in or out of the state, for the pur-
pose of carrying on their business; and any other
railroad company in the state shall have the
right to lease or sell its railroad or other prop-
erty to the said Baltimore and Cape Charles rail-
road company.
SEC. 6. And be it enacted, That the said board

May lease or
purchase.

of directors of said corporation shall have the
power, right and authority to adopt any route
or routes for the said railroad, between the
termini mentioned in their charter, as to them
shall seem most suitable and proper; and shall
have power to cross any rivers or streams by suit-
able causeways or culverts, and also the right
to cross at grade or otherwise the lines of other
railroads, and to condemn easements therein.
SEC. 7. And be it enacted, That the said Bal-
timore and Cape Charles railroad company shall

May adopt
route, etc.

have the power and authority to increase its
capital stock not to exceed one million of dol-
lars, and to issue mortgage bonds, with or with-
out coupons attached, in such amounts from
time to time as its board of directors may deem
advisable for building, equipping and maintain-
ing such road, its extension and branches, and
its steamships, steamboats and barges ; and it
shall have power and authority to endorse or
guarantee the bonds of any other railroad or
steamboat company, the said bonds to be made
payable at such time and on such terms as the
directors may determine; and the said railroad

May increase
capital stock,
etc.



 
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Session Laws, 1888 Session
Volume 481, Page 679   View pdf image (33K)
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