The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1902-05-10
Charter Of the Conowineo
Water Company.
Gil AprER $50.

AN ACT to neDt, r.st> and PEI petu,te
the CHARTER Of the Cuno~ln..o Wate,
Company OF Ce0H Cjunty. u cn.4yt
the name VI sni UDrpJInttou; 20 ga.
tend and enlarge it, pc yelS aud pi,l-
reyes; TO authorz: cert4in practice ono
proceeding in the acquisition vt land
and usner progeny for its use; and TO
authorize municipalities and corpora
tious to contrac5 with 1t.
SECTION /. Be 1t eLacted by the Geueral
Assembly OF Marylanu. That tho authorize
ton Of the General Assembly Of Mary land be
and the same Is hereby Declared, given ana
granted to the ConoWlugO Water Comp tuN
OF Cecl County, to have perpetual existence
and succession Tor the uses aud PURPOSES sci
forth III It's Certificate OF I1corpO zion. exc
cuted under Article twenty -threA Of tie Code
OF Pubic General Laws title "COrI orutiuus ="
and to bavo the corporate name OF "Uouy-
wingo Water Company" after the passage ul
this act.
SECTION 2. And be it further enacted, That
said Water Company be and the same is
hereby authorized and empo gered from tm-
To TIM" to Tx uud det"rmIur, through tn,
action OF liz BOHrl Vi Directors t., rr-,u T.
rs to them may -e'iu eXpeciCuI ana piup, .
thu Vdiu" II pr'pclH as related to the capital
stock vi said corporation, aud 10 Issue fputr,
time to time its stock certificates for fun u .
and WORCESTERSHIRE stock, III uccutlnurc
Herewith, the original holder or holder, uI
such certificates or the succ scr or success :, T.
not being or becoming liable to assesSuIrLI;
aud any municipality or municipalities COT
pOrnti"n OF operations, public or private.
OF the state OF Mary iand, may contract wIth
said Water Company for the service or supply
OF water to be applied 10 any useful purpose.
SECTION Add bs II further enacted, That
II small " lawful Tor SAID Company to make
add Issue, from TINE t. time, It's negotiable
bonds If the denomination auu to the nun,
Der uy /! Determined, and u secure the same
10y mortgage or mortgages upon all its pro-
perry, real, personal and mixed, and fruucn-
!ses situated IN or gu. OF this State, VIII, Their
possessed at the time OF the making of said
mortgage or mortgages. or thereafter ac-
quired; the said bonds and mortgages are to
be made ana executed In the aggregate to
such an amount or amounts and In form as
the directors of the said Company shall pre-
scribe, said bonds to be payable at such time
or times. bear such rates Of interest not ex-
ceedlnS six per centum per annum, and con-
tain such terms, conditions and provisions as
to the said directors shall seem meet and pro-
per, and be issued and disposed of from time
to time, upon such terms and for money or
property at such valuation as thew shall de-
termlne, and as may be agreed upon; and In
case OF sale made by virtue OF said mortgage
or mortgages, whether under foreclosure or
other Judicial proceedings, or pursuant to
any power contained In said mortgage or
mortgages, the purchaser or purchasers there
OF, or his or their survivors, representatives
or assigns, together with their associates, If
any. may from new corporation for the pur-
OwDtnD int, t,,t. =
operating said property and franchises, and
thereupon shall be vested in such new cor
poratlon all the faculties, powers rights, i'm =
munities, privileges, property and franchises
possessed by said Water Com pany, and GER
tifcate of the formation of said new CORPORA
ton shall be executed by the said purchaser
or purchases, his or their survivor or sur
vlvors. representatives or assigns, together
with their associates, if any, and be acknow-
lodged and recorded as other certificates of
incorporation are at present directed to be
acknowledged and recorded in Article twenty
three Of the Code Of Public General Laws of
Maryland, title Incorporation, sub title Gen
eral Regulations
SECTION 4. And be 1t futher enacted, That
said Company, or its duly authorized agent
or agents may contract and agree with the
owner or owners, whether individuals, firms
or corporations, to purchase and hold in fee
simple, or for term OF years, any land or
property, or any easement or right therein,
appurtenant thereto or for the use, pos
session or occupation of the same, or any
part thereof, or OF any earth, gravel, stone,
timber, streams rivers, canals, races, water
ways; water power, or Of any improvement,
or any part thereof whatever, deemed by said
Company necessary, requisite and proper and
wanted by 1t for carrying out all or any of its
objects and purposes; and II they cannot
agree, or II the owner or owners, or any Of
them, be an infant, trustee, feme covert, who