Chap. 94.—An ACT to Amend and Re-enact sections 6 and 9, and to
- Repeal section 7 of an Act entitled an Act to Incorporate the New
York and Norfolk Railroad Company, approved March 15, 1872, and
to make further Provisions in regard to the Charter of said Company.

Approved March 13, 1874.

1. Be it enacted by the general assembly, That the sixth charter o
and ninth sections of an act entitled an act to incorporate Yorkand
the New York and Norfolk Railroad Company, approved Company
March fifteenth, eighteen hundred and seventy-two, be °°"
amended and re-enacted so as to read as follows:

‘$6. The directors, by and with the consent of the stock- preferred
holders, may issue a preferred stock to an amount not ex-
ceeding twenty-five per centum of the capital already sub-
scribed and paid up, upon which dividends not exceeding ten Dividena:

er centum may be declared; and shall have the power to sare
Sorrow money for the purposes of this act, and issue the Power to
proper certificates of such loans, and pledge the property of Sw mone
the company, by mortgage or otherwise, for the payment of Acts 1871
the same and the interest that may accrue thereon: provided, P- 7
the rate of interest on the money so borrowed shall not ex- Rate of i
ceed ten per centum.

“8 9. The construction of the said New York and Norfolk gairoaa,
railroad shall be commenced within nine months, and com- be com
pleted within three years from the passage of this amenda- complete
tory act.” enone

: Cc

° e Ld d

2. The seventh section of the said act is hereby repealed. Northam
su

aled
3. Be it further enacted, That the company shall have Connecti
authority and power to connect and unite their railroad with othe
with any railroad or railroads already built, or which here-
after may be made or extended through any part of the
eastern shore of Maryland to the northern terminus or ter-
mini of the road of said company in Accomac county, at or
near some point:or points on the line dividing said county
from the state of Maryland, on terms and conditions to be
agreed upon by the companies owning and constructing said
railroads, respectively; said terms and conditions to be re-
duced to writing and authenticated under the respective seal:
of said companies.

4, Be it further enacted, That upon the application of the
president and board of directors of the said company, or a
majority of them, the county judges of Accomac and North-
ampton counties shall order an election in their respective
counties, after thirty days’ notice shall have been given, to
take the sense of the qualified voters of the said counties,
respectively, upon the question of levying a tax upon the
real and personal property in the said counties, respectively,
and of donating the sum to be realized from said tax to the
said company, to pay for the right of way of its road over
the lands in the said counties, respectively, and to reimburse
said company for any sums which it may have paid for such
right of way: provided, that the sum thus to be donated to
said company by the county of Accomac shall not exceed
twenty thousand dollars, and the sum to be donated to said
company by the county of Northampton shall not exceed
ten thousand dollars; for which said several sums the said
counties may issue, under such rules and regulations as the
said judges may respectively prescribe, their bonds to the
said company, payable in four equal annual instalments, in
such sums as the said judges may respectively direct, and
with interest thereon, payable semi-annually, at the rate of
six per centum perannum. The election provided for in this
section shall be held and superintended, and notice thereof
shall be given, returns made and certified, votes canvassed,
and the results ascertained and made known in such manner,
at such times, and by such officers as the said county judges
may respectively designate and determine, by an order to be
entered of record in their respective courts. At said elec-
tion, each qualified voter who shall be in favor of levying
such tax and donating the sum to be realized therefrom to
the said company for the purposes aforesaid, shall deposit a
ballot on which shall be written or printed the words “ For
railroad;” and each qualified voter who shall be opposed to
levying such tax and donating the sum to be realized there-
from to the said company for the purposes aforesaid, shall
deposit a ballot on which shall be written or printed the
words “Against railroad;” and in case the election herein
provided for shall be ordered to be held at the same time
and places at which a general election shall be held, then the
words “For railroad” or “ Against railroad” may be written
or printed on a separate ballot from that cast at such general
election. If it shall appear by the report of the board of
commissioners that three-fifths of the qualified voters of the
county voting upon the question are in favor of subscription,
and that said three-fifths includes a majority of the votes
cast by the freeholders at such election, and a majority of
the registered voters of the county, then the same shall be
levied, assessed, extended on the assessors’ books, collected,
and paid over to the said company, in the same manner, ut
the same times, and by the same officers as the county levy
for other purposes is levied, assessed, extended on the asses-
sors’ books, collected, and paid out; and the officers levying,
assessing, extending on the assessors’ books, collecting, and
paying out the said tax, shall be entitled to the same com-
pensation which is allowed for similar services upon the
county levy for other purposes, to be paid by the said coun-
ties respectively. The said tax shall be designated and ac-
counted for to the said counties, respectively, as the special
railroad tax.

5. Be it farther enacted, That this act shall be in force
from and after its passage.