Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1902-02-22
QUEEN ANNE 5 EXTENSION.
Provisions of Bill Fully Set Forth
In This Article.


In This Article.
The bill now before the General As.
sembly authorizing the increase of the
capital stock of the Queen Anne's Rail-
road Company and the extension of its
lines through Caroline and other East
ern Shore counties to the Virginia State
line is hereby given in full in order that
the public may learn just exactly what
the company wants. It will be seen
that the stockholders of the company
are i'll earnest in the construction of
this branch road and will begin work on
same as soon as surveys can be made
and rights of way are satisfactorily se-
cured. Here follows the bill
An act to authorize the Queen Anne's
Railroad Company to increase its capi-
tai stock and Indebtedness for the pur.
pose of extension. and acquiring addi-
tional property. and to grant certain
privileges and exemptions from taxa
ton.
SECTION /. BE Il enacted by the Gen
erdi assembly Of Maryland. That the
Queen Anne's Railroad Company. a
body corporate, heretofore incorporated
under the laws of Maryland and Della
ware. is hereby authorized to issue ad-
ditional capital stock to an amount not
exceeding in the aggregate three million
dollars for the total capital stock of said
corporation, in exchange for the prop
erty and franchises and capital stock or
bonds or other Indebtedness of any
other railroad company, with whose
line of railway its line of railway may
actually connect or intersect, aud fur
ther, to consolidate with such intersect.
ing or connecting railway company, by
agreement of lease or other agreement
Of consolidation, authorized by the re-
spective board of directors of said COM
panies. which consolidated company
shall have and possess the corporate
title, rights. powers and franchises Of
the said Queen Anne's Railroad Com
pany. and the franchises. rights and
privileges of such connecting lines. and
shall have the power to issue or assume
the payment of mortgage bonds upon
its railroad property constructed and ac-
quired, to an amount not exceeding
thirty thousand dollars per mile upon
its whole line of railway actually com.
pleted and constructed.
SECTION ,. And be il enacted. That
the connection or extension of said rail.
way herein authorized to be built or ac-
quired shall commence at some point on
the present line of the Queen Anne's
Railroad as now constructed. east of
Denton i'll Caroline county. and run in
southerly direction to fredericksburg,
and thence to Salisbury. in Wicomico
county, and thence to Snow Hill, in
Worcester county. thence in southerly
direction to the Virginia State line to
connect with line of railway author
lied or permitted To be constructed by
the laws of the State of Virginia. with
the right and privilege to said railway
company. to construct branch tracts or
spurs or feeders. extending from its
main line hereby authorized not exceed.
ing twenty-five miles in length.
SECTION B. Ind BE- Il enacted. That in
order to encourage, assist and enable
the immediate construction of the said
railway and hereby authorized through
the said counties of Caroline. Dorchester
Wicomico and Worcester, with the re-
sulting benefit of the additional facilities
of traffic thus to be afforded to the peo-
pie of the said counties. the capital
stock, bonds. franchises and property of
the said Queen Anne's Railroad Com
pany in the counties aforesaid, are here.
by made and declared to be exempt
from all county and municipal taxation
for period of ten years from the date
of the completion of the said railroad,
as hereby authorized to be constructed
i'll said counties
SECTION 4. ind BE- IL enactsd, That
the privileges of exemption from taxa
tion in this act contained, shall not be
and remain in force and effect, if the said
line of railroad authorized in this act
shall not be constructed and completed
in the counties aforesaid within four
years from the date of the passage of
this act, or in case the said Queen s
Anne's Railroad Company or its prop.
erty and franchises shall be purchased.
acquired. leased by or consolidated with
any railway company now in existence
and operation in any of the counties east
of the Chesapeake bay in this State
SECTION ). Ind be enacted, That
this act shall take effect from the date
of its passage.