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Session Laws, 1967
Volume 681, Page 1361   View pdf image (33K)
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SPIRO T. AGNEW, Governor                      1361

and a copy of such certificate attested by the Secretary of State shall
in all courts and places be evidence of the due organization and
existence of such corporation and of the matters specified in such
certificates; and provided, however, that nothing in this section or
Sec. 221 of this article contained shall be construed to confer upon
any railroad lying wholly within this State or partly within this
State and partly within an adjoining state or the District of Colum-
bia, organized under the provisions of this article, where any portion
of said railroad lying within the State of Maryland is uncompleted,
any of the rights, franchises, privileges, benefits or advantages
belonging to the corporation whose railroad shall be so sold as afore-
said until the railroad company so organized under the provisions of
this article shall have entered into a bond to the State of Maryland
with surety or sureties satisfactory to the "Board of Public Works"
in the penalty of twenty-five thousand ($25,000) dollars conditioned
upon the building, in each year, and placing in operation of at least
five miles of such uncompleted road in each twelve months, counting
from the date of the organization of said railroad under this section,
until the entire road within the State of Maryland as originally
contemplated and provided for in the charter of the corporation
whose railroad and franchises may be sold, shall have been fully
completed and put in operation, whereupon said bond shall be and
become null and void; otherwise to remain in full virtue and effect;
and provided further, that upon the failure of any corporation
organized under the provisions of this section, of a railroad lying
wholly within this State, or partly within this State and partly
within an adjoining state or the District of Columbia, to construct
and operate five additional miles in each year in accordance with the
first proviso hereof, the Attorney-General of the State shall
cause suit to be brought in the name of the State against such
company for a forfeiture of its charter and corporate existence and
to enforce the penalty of said bond so given to the State of Mary-
land.]

[221. Same—Completion of uncompleted railroad.]

[Any corporation heretofore formed under the provisions of Sec.
220 of this article or any amendments thereto shall, where any
portion of the railroad acquired by said corporation under said sec-
tion or amendments lying within the State of Maryland is uncom-
pleted, build in each year and place in operation at least five miles of
such uncompleted road in each twelve months, counting from April
13, 1910, until the entire road within the State of Maryland as
originally contemplated and provided for in the charter of the cor-
poration whose railroad and franchises may be sold shall have been
fully completed and put in operation, and upon the failure of any
such corporation to so construct and operate five additional miles
in each or any year in accordance with the provisions hereof, the
Attorney-General of the State shall cause suit to be brought in the
name of the State against such company for the forfeiture of its
charter and corporate existence.]

[222. Same—Powers in general.]

[Such corporation shall possess all the powers, rights, immunities,
privileges and franchises in respect to such railroad, or the part
thereof included in such certificate, and in respect to the real and
personal property appertaining to the same, which were possessed

 

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Session Laws, 1967
Volume 681, Page 1361   View pdf image (33K)
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