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Session Laws, 1918 Session
Volume 486, Page 961   View pdf image (33K)
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EMERSON C. HARRINGTON, GOVERNOR. 961

the vendee, lessee or grantee shall take the property of the
grantor corporation subject to its debts and liabilities, includ-
ing the claim of such dissenting stockholder; and such prop-
erty may be subject to execution on any decree entered as
herein provided, and such decree shall have priority over any
incumbrance placed by the grantee corporation upon the prop-
erty so bought, leased or exchanged; provided, however, that
the right granted to a dissenting stockholder hereunder to
demand payment for his stock shall cease, if at any time prior
to the entry of any decree herein provided for, the defendant
corporation shall make it appear to the Court that the agree-
ment of sale, lease or exchange has been rescinded by appro-
priate corporate action, so that the stock of such dissenting
shareholder remains unaffected thereby; and provided fur-
ther, that the provisions of this section and of the three pre-
ceding sections shall not impair or affect in any way any
restrictions, limitations or other provisions, contained in any
ordinance granting or conferring any franchise heretofore
passed by any municipal corporation of this State prohibiting,
limiting or restricting the transfer or assignment of such fran-
chise.

SEC. 6. And be it further enacted, That this Act shall take
effect on June 1st, 1918.

Approved April 10th, 1918.

CHAPTER 467.

AN ACT to repeal and re-enact with amendments Section 11
of Article 25 of the Annotated Code of Maryland, title
"County Commissioners," sub-title "General Provisions,"
providing that the County Commissioners of St. Mary's
County shall not expend more than twelve hundred dollars
per annum for advertising.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 11 of Article 25 of the Annotated Code of
Maryland, title "County Commissioners," sub-title "General
Provisions," be and the same is hereby repealed and re-enacted
with amendments to read as follows:

11. They shall make out and publish annually in at least
two newspapers published in their respective counties, except
Howard County where the County Commissioners may publish
30

 

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Session Laws, 1918 Session
Volume 486, Page 961   View pdf image (33K)
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