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Session Laws, 1847
Volume 612, Page 331   View pdf image
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1847.

LAWS OF MARYLAND.

CHAP. 262.

right and privilege is hereby reserved to the citizens of this
State, or any company now or hereafter to be incorporated
under the authority of this State, to connect with the rail
road hereby provided for any other rail road, if in the opi-
nion and judgment of the commissioners of Allegany
county for the time being, passed upon full hearing of all
the parties interested, no prejudice would be done by
such connection to the rail road of said company; provided
always, that when any car shall be placed upon said rail
road it shall be adapted in size and all necessary particu-
lars to said rail road, and shall run on said rail road in ac-
cordance with the regulations of said company for running
their cars, it shall be lawful for said company to charge,
demand and receive for all persons and property trans-
ported on the railroad which they are authorised to con-
struct from their mines to the canal, the Potomac river
or any other intermediate points, the same rates of toll
or prices of transportation as the Baltimore and Ohio
rail road company are by law allowed to charge and re-
ceive; and provided further, that the legislature of this
State may at any time hereafter regulate, modify and
change the control, use and estate of said rail road, as
shall be constructed under the authority hereby given,
in such manner as it may deem equitable towards the
said company, and necessary to the accommodation of
the public travel or use of said rail road.

To appoint
and discharge
officers.

SEC. 7. And be it enacted, That the said president
and directors and their successors, or a majority of them,
shall have lull power and authority to appoint, employ
and compensate, and at their pleasure to remove such
officers, agents or servants as they may deem necessary
in the business of the company, also to purchase and
hold such real and personal property, materials, ves-
sels, carriages, machinery, implements, privileges, ease-
ments and franchise, and to cause all such machinery,
buildings or other improvements to be made as they
shall deem necessary to carry into effect the objects of said
company, and the same or any part thereof, and they
shall have power to sell, lease or otherwise dispose of
the same at their discretion, also to prescribe the mode
of issuing and transferring stock in said company and
the evidence thereof, and generally to do whatever they
may judge expedient for the interest of said company,
the same being in conformity with the objects of this act,
and not contrary to the laws of this State or of the United
States, nor to any bye-laws adopted at a general meeting
of the stockholders of the said company.

Banking for-
bid.

SEC. 8. And be it enacted, That this act nor no part
thereof shall be so construed as to give to said company



 
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Session Laws, 1847
Volume 612, Page 331   View pdf image
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