272

LAWS OF MARYLAND.

owner or owners of the said properly, or to his, her or
their legal representatives, and not before, shall entitle
the said company to the estate, use and interest thus
valued, as fully as if it had been conveyed by the own-
er or owners of the same; and the valuation, if not re-
ceived when tendered, may at any time thereafter be
recovered from the said company, without costs, by
the said owner or owners, his, her, or their legal repre-

Proviso.

sentatives; Provided further, that any person or per-
sons shall have the privilege of connecting a lateral
road with the main rail road of the said company, sub-
ject to the reasonable regulations of said company, and
the payment of such tolls as they may impose, not ex-
ceeding three cents per ton per mile on all goods, mer-
chandise and other property, and not exceeding two
cents per mile for every passenger transported thereon;
and that the said company be, and they are hereby re-
quired to transport on said road all coal or other pro-
perty of every description which may be brought to the
said rail road for transportation, under the restriction
above stated.

Organization.

SEC. 5. And be it enacted, That for the time being
and until directors are chosen by the shareholders,
James Percy, J. Philip Roman, John Swan and David
Percy, or a majority of them, may organise and act as
directors of said company, and that this act shall take
effect from the day of its passage.

Banking for-
bid.

Reservation.

SEC. 6. And be it enacted, That nothing herein
contained shall he construed to give to the said com-
pany banking privileges; and the Legislature reserves

the right at all times to alter, amend or repeal the char-
ter hereby created.