Art. 3] State of Maryland. 43

Sec. 52. The Governor, Comptroller, and Treasurer of
the State are hereby authorized, conjointly, or any two of
them, to exchange the State's interest as stockholder and
creditor in the Baltimore and Ohio Rail Road Company
for an equal amount of the bonds or registered debt now
owing by the State; and, subject to such regulations and
conditions as the General Assembly may from time to time

Balt. & Ohio Rail
Road Stock may
be exchanged.

prescribe, to sell the State's interest in the other works of
internal improvement, whether as a stockholder or a credi-
tor; also, the State's interest in any banking corporation,
and receive in payment the bonds and registered debt now
owing by the State, equal in amount to the price obtained
for the State's said interest; Provided, that the interest of
the State in the Washington Branch of the Baltimore and
Ohio Rail Road be reserved and excepted from sale; and,
Provided further, that no sale or contract of sale of the
State's interest in the Chesapeake and Ohio Canal, the
Chesapeake and Delaware Canal, and the Susquehanna
and Tide-Water Canal Companies shall go into effect until
the same shall be ratified by the ensuing General Assembly.

Sale of other
Stocks.

Sec. 53. The General Assembly before authorising the
sale of the State's interest in the Chesapeake and Ohio
Canal, and before prescribing regulations and conditions
for said sale, shall pass all laws that may be necessary to
authorize the Counties of Allegany, Washington, Frede-
rick and Montgomery, or any one of them, to create a debt
by the issue of bonds or otherwise, so as to enable them,
or any of them, to become the purchasers of said interest.

Chesapeake & Ohio
Canal may be sold
to Allegany, &c.
Counties.

Sec. 54. The General Assembly shall have power to
regulate by law, not inconsistent with this Constitution, all
matters which relate to the Judges of Election, time, place
and manner of holding elections in this State, and of
making returns thereof.

Regulations of
Elections.

Sec. 55. The General Assembly shall have power to
pass all such laws as may be necessary and proper for
carrying into execution the powers vested by this Consti-
tution, in any department or office of the Government, and
the duties imposed upon them thereby.

Laws to be passed
to carry this Con-
stitution into effect.