1916] OF THE SENATE. 639

petition to any court of equity having jurisdiction over the
consolidated corporation, on reasonable notice to be furnished
by said court to said consolidated corporation, for the appoint-
ment of three disinterested commissioners to appraise the fair
value of his stock, without regard to any depreciation or ap-
preciation thereof in consequence of the said consolidation, and
on the coming in of the answer to said petition, the court
shall pass an order referring the matter to three commis-
sioners named by it for the purpose of ascertaining such
value, and such order shall prescribe the time and manner of
producing evidence, if necessary; and the award of said
commissioners (or that of a majority of them), when con-
firmed by said court, shall be final and conclusive on all par-
ties, unless any stockholder or the corporation consolidating
as aforesaid, feeling aggrieved at the said action of the said
court, shall appeal to the Court of Appeals of Maryland, which
right of appeal from such action of the court is hereby given
and said consolidated corporation shall pay such stockholder
the value of his stock ascertained as aforesaid, and on receiv-
ing such payment or on a tender thereof, said stockholder
shall transfer his stock to the said consolidated corporation
(to be disposed of by the directors thereof or to be retained
for the remaining stockholders), which stock shall then have
the status of authorized but unissued stock; and in case the
award is not so paid with thirty days from the filing of said
award and confirmation by said court, or in case of an appeal
within thirty days from the confirmation of said award to
the Court of Appeals, and notice thereof given in the manner
aforesaid unto said stockholder and the said consolidated cor-
poration, the amount of the award shall be a decree against
the said consolidated corporation, which decree shall be a prior
lien to any mortgage or other lien placed on its property or
franchises by said consolidated corporation, and may be col-
lected as other decrees in said court are by law collectible. '"

CORRECTIONS TO SENATE BILL No. 342.
(NOTE—Corrections of omitted matter not shown. )

No. 1—"In Section 4, page 5, line 40, after the comma fol-
lowing the word 'before, ' insert the following words: 'of the
bonus tax, if any, prescribed by law, shall receive the same
for record. ' "

No. 2—"In Section 5, page 6, line 10, after the word 'shall, '
insert a comma. ' "

No. 3—"In Section 5, page 6, line 20, after the word 'paid, '
insert the words: 'to it. ' "