764 LAWS OF MARYLAND. [CH. 247

for the construction and operation of said bridge, and shall also
be in lieu of all such other taxes upon said Company, its suc-
cessors or assigns, or upon the holders of the capital stock of
said Company, its successors or assigns, based upon the owner-
ship of said company, its successors or assigns, of said bridge
and its appurtenances, or based upon the receipt by said Com-
pany, its successors or assigns, of the tolls and revenues, there-
of, it being hereby declared that said property in the hands of
said company, its successors and assigns, and the holders of
said stock, shall be forever free and exempt from all of said
taxes. The exemption herein provided shall not be extended,
however, directly or indirectly, so as to include any real or
personal property otherwise subject to taxation which may be
owned by said company, its lessees, successors or assigns, apart
from and in addition to the property hereinabove specifically
exempted from such taxation, but any and all land, water
rights and other real property, and the improvements thereon,
at any time acquired and held by said Company, its lessees,
successors and assigns, apart from and in addition to said
bridge, the ways and approaches thereto, and appurtenant
structures, shall be subject to assessment and taxation for
County and State purposes as other real estate is now or may
hereafter be taxed by law.

SEC. 9. And be it further enacted, That none of the provi-
sions contained in Sections 153 to 160, inclusive, of Article
23 of the Code of Public General Laws of this State shall be
deemed to be applicable to said bridge or to said Company, its
successors and assigns with respect thereto.

SEC. 10. And be it further enacted, That the authority
hereby granted shall cease and be null and void, unless the con-
struction of said bridge be commenced within two years and
completed within five years from the date of approval hereof.

SEC. 11. And be it further enacted, That this Act is hereby
declared to be an emergency law and necessary for the imme-
diate preservation of the public safety, and being passed upon
a yea and nay vote, supported by three-fifths of all the members
elected to each of the two Houses of the General Assembly, the
same shall take effect from the date of its passage.

Approved April 11, 1929.