420 LAWS OF MARYLAND. [CH. 231

poration and the terms and conditions of consolidation shall
first, be submitted to the Board of Directors of each of said
consolidating corporations, and when approved by the affirma-
tive vote of two-thirds of the members of the Board of Direc-
tors of each of said corporations, shall be delivered to the State
Tax Commission of Maryland, which upon the payment of the
recording fees provided by Article 23 of the Code of Public
General Laws, shall receive the same for record and endorse
thereon the date and time of such receipt and promptly record
the same as in the case of a Certificate of Incorporation, and
thereupon said consolidated corporation shall for all intents
and purposes be regarded as substituted by operation of law
in the place and stead of said former separate corporations,
and any and all of the property and assets belonging to said
consolidating corporations of whatsoever nature and descrip-
tion, and all the powers and rights and all debts and liabilities
of said consolidating corporations of whatever nature and
description shall be upon said consolidated corporation, and
any and all gifts, legacies and devises theretofore or thereafter
made to either of said consolidating corporations shall pass to
and be enjoyed by said consolidated corporation to the same
extent and as fully as if made direct to and in the name of
said consolidated corporation.

SEC. 2. And be it further enacted, That this Act is de-
clared to be an emergency law and necessary for the immedi-
ate preservation of the public safety and passed by a yea and
nay vote, supported by three-fifths of all the members elected
to each of the two Houses of the General Assembly, and the
same shall take effect from the date of its passage.

Approved April 16, 1920.

CHAPTER 231.

AN ACT to authorize the County Commissioners of Calvert
County. State of Maryland, to issue bonds of said county,
for the purpose of building roads in said county, said
bonds to be issued from time to time in their discretion
and in such amounts as they may deem advisable, up to
the total aggregate sum of $150,000, and to authorize the
County Commissioners to levy the necessary amount to