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Session Laws, 1956
Volume 621, Page 268   View pdf image (33K)
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268                              Laws of Maryland                        [Ch. 99

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Article 12, "Public Works"

Sec. 2. They shall exercise a diligent and faithful supervision of
all Public Works in which the State may be interested as Stockholder
or Creditor, [and shall represent, and vote the stock of the State
of Maryland, in all meetings of the stockholders of the Chesapeake
and Ohio Canal;] and shall appoint the Directors in every Railroad
and Canal Company, in which the State has the legal power to appoint
Directors, which said Directors shall represent the State in all meet-
ings of the Stockholders of the respective Companies for which they
are appointed or elected. [And the President and Directors of the
said Chesapeake and Ohio Canal Company shall so regulate the tolls
of said Company, from time to time, as to produce the largest amount
of revenue, and to avoid the injurious effect to said Company of
rival competition by other Internal Improvement Companies.] They
shall require the Directors of all said Public Works to guard the
public interest, and prevent the establishment of tolls which shall
discriminate against the interest of the citizens or products of this
State, and from time to time, and as often as there shall be any
change in the rates of toll on any of the said Works, to furnish the
said Board of Public Works a schedule of such modified rates of toll,
and so adjust them as to promote the agricultural interests of the
State; they shall report to the General Assembly at each regular
session, and recommend such legislation as they may deem necessary
and requisite to promote or protect the interests of the State in
the said Public Works; they shall perform such other duties as may
be hereafter prescribed by Law, and a majority of them shall be
competent to act. The Governor, Comptroller and Treasurer shall
receive no additional salary for services rendered by them as members
of the Board of Public Works. [The provisions of the Act of the
General Assembly of Maryland of the year 1867, Chapter 359, are
hereby declared null and void.]

 

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Session Laws, 1956
Volume 621, Page 268   View pdf image (33K)
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