1832.

LAWS OF MARYLAND.

CHAP. 175.

Legislature may
regulate price.

Legislature to make such regulation of charge as it may
deem necessary, not reducing the transportation of passen-
gers to the company below one dollar and fifty cents for
the whole distance, and rateably for any shorter distance.

Treasurer directed
to invest pre-

mums

Sec. 9. And be it enacted, That the Treasurer of the
Western Shore be, and he is hereby authorised and di-
rected to invest annually, in some productive stock, all
and any premium s which may be derived from the sale
of the stock to be issued in pursuance of the first section

and dividends.

of this act; also all and any dividends that may be declared
and paid on the State's shares of stock in the Baltimore
and Ohio Rail Road company, for the construction of a
Rail Road from Baltimore to the city of Washington; and

And monies de-

rived under 8th

section

also all and any monies which shall be received into the
Treasury in pursuance of the eight section of this act; the
whole of which, together with any interest thereon, shall

To constitute sink-

ing fund.

form a sinking fund for the payment of the interest and
redemption as they may fall due, of the certificates of
State's stock, to be issued in pursuance of the provisions
of this act.

Subscribers entitled

to votes

Sec. 10. And be it enacted, That individual subscribers
for stock in virtue of the provisions of this act shall be en-
titled to vote for Directors of the Baltimore and Ohio Rail

State entitled to

directors

in the said Baltimore and Ohio Rail Road company now
vote, and that the State shall be entitled to have two
additional Directors of the Baltimore and Ohio Rail

How appointed.

Road company, which Directors shall be appointed in
the manner and at the times prescribed by the supple-
ment to this act, entitled an act to incorporate the Bal-
timore and Ohio Rail Road company, passed at De-
cember session, eighteen hundred and twenty-seven, chap-
ter two hundred and nine, or in such other mode, and at
such other times as this General Assembly may hereafter
determine.

Allowance to RE-

becca Smith au-

thorised

Sec. 11. And be it enacted, That the President and Direc-
tors of the Baltimore and Ohio Rail Road company, be and
they are hereby authorised and empowered to make to Mrs.
Rebecca Smith such allowance for the right of way, and
for the free use in perpetuity by the said company of her
bridge over the river Patapsco, as they may deem just
and equitable, or in their discretion to buy from her trus-
tees, and hold the said bridge.

Time to construct

extended

Sec. 12. And be it enacted, That the time limited in the
eight section of the act entitled, a supplement to an act to
promote internal improvement by the construction of a
Rail Road from Baltimore to the city of Washington, for