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Session Laws, 1856
Volume 623, Page 86   View pdf image
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86

LAWS OF MARYLAND.

and in case of the forfeiture of said bond, the said
trustees shall institute suit for the penalty thereof,
and when recovered, after each successive sale, shall
distribute the same, together with all the purchase
money received in pursuance of the provisions of this
supplement, also, all monies received or to be col-
lected by said former trustees, among the creditors
of the said Franklin Rail Road Company.

Vacancies
filled.

SEC. 3. And be it enacted, That in case of a
vacancy among said trustees, from any cause whatso-
ever, the same shall be filled by the Circuit Court for
Washington county, in the manner prescribed by the
second section of said act, and said trustees, and
those who may hereafter be appointed, shall give
bond to be approved and conditioned as therein set
forth.

Declared a
corporate body.

SEC. 4. And be it enacted, That any person or
persons, or foreign corporation, are hereby authori-
sed and empowered, subject to the conditions and
provisions aforesaid, to purchase that part of said
road lying within this State, and when the purcha-
ser or purchasers shall have relaid the same as con-
templated by the fifth section of said act, he or they
are hereby declared a body corporate by the name of
"The Franklin Rail Road Company;" with all the
powers, franchises and privileges granted said com-
pany by the act to which this is a supplement, and
with further power and authority to lay, construct,
equip and make a Railroad from Hagerstown in this
State, to and across the Potomac river at any point
between Hancock, in Washington county and said
State, and Knoxville, in Frederick county and State
aforesaid, and for that purpose may contract for, pur-
chase or condemn, any land necessary for the right
of way, or materials, and may acquire and hold per-
sonal property, and have, possess, and exercise such
powers and privileges as may be required to fully
manage said Railroad in all things necessary to carry
on the business operations of the same.

Repealed.

SEC. 5. And be it enacted, That the seventh sec-
tion of the said act to which this is a supplement,
which requires the assent of a majority of the stock-
holders of said company, be and the same is hereby
repealed.

Reservation.

SEC. 6. And be it enacted, That the Legislature
hereby reserves the right to alter, amend and repeal
the provisions of this supplement, and to withdraw
and abrogate all the rights, privileges, and franchi-



 
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Session Laws, 1856
Volume 623, Page 86   View pdf image
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