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Session Laws, 1927
Volume 569, Page 1558   View pdf image (33K)
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1558 LAWS OF MARYLAND. [CH. 690

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That two new sections be and they are hereby added to
Article 23, Annotated Code of Public General Laws of Mary-
land, title "Corporations", sub-title "Municipal Corporations",
said new sections to be designated as Sections 193A and 193B,
to follow immediately after Section 193 of said Article, and
to read as follows:

193A. Any municipal corporation of this State now owning
or hereafter acquiring an electric plant and/or gas plant, as
defined in Section 346 of this Article, shall have power to
sell, lease, exchange or otherwise dispose of such electric plant
and/or gas plant, or any part of or interest in either thereof,
to any electrical corporation and/or gas corporation, as de-
fined by said Section 346, upon such terms and conditions as
such municipal corporation shall determine, provided any such
sale, lease, exchange or other disposition shall be approved
by the Public Service Commission of Maryland, and provided
further that notice of any such sale, lease, exchange or other
disposition, and of the approval thereof by said Public Service
Commission, shall be inserted by said municipal corporation in
some newspaper published in the corporate limits thereof, or
published in the County in which said municipal corporation is
situate if there shall be no newspaper published in said corpor-
ate limits, at least twice within fifteen days after the date of
order of such approval by said Public Service Commission.

193B. In addition to the conditions and limitations im-
posed by Section 193A of this Article, any such proposed sale,
lease, exchange or other disposition of any muicipally owned
electric plant and/or gas plant, as defined and contemplated
by said section, shall also be ratified by the affirmative vote
of a majority of such persons, residing within the corporate
limits of such municipal corporation and eligible to vote at
the last preceding regular election therein for municipal offi-
cers, who shall cast ballots at a special election for that pur-
pose, to be arranged for and held at such time and place
within such municipal corporation and in such manner as such
municipal corporation shall prescribe, provided and on condi-
tion that a written petition to such municipal corporation
requesting: it to arrange for and hold such special election for
such ratification or disapproval of any such sale, lease, ex-
change or other disposition, shall be signed by at least ten
per cent, of the voters in such municipal corporation, qualified
as aforesaid in this Section, and shall be delivered to said muni-
cipal corporation within thirty days after the date of publica-
tion of the second notice required by Section 193A : and if any
such sale, lease, exchange or other disposition shall be ratified

 

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Session Laws, 1927
Volume 569, Page 1558   View pdf image (33K)
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