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Session Laws, 1941
Volume 582, Page 1550   View pdf image (33K)
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1550 LAWS OF MARYLAND. [CH. 858

tracks, works or appurtenances or other property of the rail-
road nor endanger the movement of the trains or traffic upon
the tracks of the railroad. Prior to the institution of con-
demnation proceedings for such easement over or under said
railroad property or right-of-way, plans and specifications of
the proposed highway showing compliance with the above-
mentioned above or below grade requirements and showing
sufficient and safe plans and specifications of such undergrade
or overhead bridge structure and appurtenances shall be sub-
mitted to the railroad for examination and approval. If the
railroad fails or refuses within fifteen days to approve the
plans and specifications so submitted, the matter shall be sub-
mitted to the Public Service Commission of Maryland whose
decision, arrived at after due consideration in accordance with
its usual procedure, shall be final as to the sufficiency and
safety of such plans and specifications and as to such eleva-
tions or distances above or below the tracks. Said overhead
or undergrade bridge structure and appurtenances shall be
constructed only in accordance with said plans and specifica-
tions and in accordance with said elevations or distances
above or below the tracks so approved by the railroad or the
Public Service Commission of Maryland as the case may be. A
copy of the plans and specifications approved by the railroad
or the Public Service Commission of Maryland shall be filed
as an exhibit with the petition for condemnation; provided,
however, that in acquiring lands, property, rights of way,
franchises, easements and other property, the said Commis-
sion shall fully and properly acquaint the owners thereof with
the use and restrictions of said property as authorized in this
Act.

122D. The Commission is hereby authorized to provide by
resolution, at one time or from time to time, for the issuance
of revenue bonds of the. State for the purpose of paying all or
: any part of the cost of the motorway as hereinabove
'defined. The principal and interest of such bonds shall
be payable solely from the special fund herein provided
for such payment. The bonds of each issue shall be
dated, shall bear interest at such rate or rates not ex-
ceeding four and one-half per centum per annum, payable
semi-annually, shall mature at such time or times not exceed-
ing thirty years from their date or dates, as may be determined
by the Commission, and may be made redeemable before
maturity, at the option of the Commission, at such price or
prices and under such terms and conditions as may be fixed
by the Commission prior to the issuance of the bonds. The
principal and interest of such bonds may be made payable in
any lawful medium. The Commission shall determine the

 

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Session Laws, 1941
Volume 582, Page 1550   View pdf image (33K)   << PREVIOUS  NEXT >>


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