1754 LAWS OF MARYLAND.

County Commissioners be paid by the said company to said
County Commissioners to be invested by them in the increase
of said sinking fund, as provided in Section five. It shall be
the duty of the County Commissioners to publish during the
first week in January in each year under their hands and seals
in the newspapers published in Calvert County doing the
county printing a full statement of the exact condition of
said sinking fund.

SEC. (7) And be it enacted, That the said County Commis-
sioners shall have power at any time out of any surplus funds
belonging to the said County to purchase and retire any of
the bonds hereby authorized to be issued at their market value,
and the same to cancel and destroy, after entering upon their
books the date of such purchase and of such cancellation, and
the dates, amounts, numbers and other particulars of said
bonds, respectively; provided, that no bonds shall be purchased
unless all coupons thereof, respectively, not then due shall re-
main attached to such bonds at the time of purchase.

SEC. (8) And be it enacted, That said bonds shall be de-
livered to the said Baltimore and Virginia Railroad Company
by the said County Commissioners when the roadbed of said
railroad shall in every respect be completed and ready for the
operation of trains and running over the same from a point
on the Washington, Baltimore and Annapolis Electric Railway,
at or near Millersville through the lower section of Anne Arun-
del County and through Calvert County to a point at or near
Drum Point, in said Calvert County, and not before. Pro-
vided, the said Baltimore and Virginia Railroad Company be-
gins actual construction of said road within nine months from
date of this Act and completes same within two years and
three months from date of beginning.

SEC. (9) And be it enacted, That the said County Commis-
sioners of said County be and they are hereby authorized to
sell or pledge the shares of stock which may be subscribed for
at not less than their par value and to apply the proceeds
thereof to the payment of said bonds and the interest thereon.

SEC. (10) And be it enacted, That the County Commission-
ers of said County, or a majority of them, are hereby author-
ized and empowered either in person or by proxy to vote the
stock so to be subscribed for at any meeting of the stock-
holders of said County, under such conditions as the private
stockholders may be authorized to vote their individual stock.