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1929 Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 376, Page 120   View pdf image (33K)
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120 ARTICLE 23.

Municipal Corporations.

1927, ch. 690, sec. 193A.

193A. Any municipal corporation of this State now owning or here-
after acquiring an electric plant and/or gas plant, as defined in Section
346 of this Article, shall have power to sell, lease, exchange or otherwise
dispose of such electric plant and/or gas plant, or any part of or interest
in either thereof, to any electrical corporation and/or gas corporation, as
defined by said Section 346, upon such terms and conditions as such munic-
ipal corporation shall determine, provided any such sale, lease, exchange
or other disposition shall be approved by the Public Service Commission
of Maryland, and provided further that notice of any such sale, lease,
exchange or other disposition, and of the approval thereof by said Public
Service Commission, shall be inserted by said municipal corporation in
some newspaper published in the corporate limits thereof, or published in
the county in which said municipal corporation is situate if there shall be
no newspaper published in said corporate limits, at least twice within fif-
teen clays after the date of order of such approval by said Public Service
Commission.

See sec. 386, et seq.

1927, ch. 690, sec. 193B.

193B. In addition to the conditions and limitations imposed by Section
193A of this Article, any such proposed sale, lease, exchange or other dis-
position of any municipally owned electric plant and/or gas plant, as
defined and contemplated by said section, shall also be ratified by the affirm-
ative vote of a majority of such persons, residing within the corporate
limits of such municipal corporation and eligible to vote at the last preced-
ing regular election therein for municipal officers, who shall cast ballots at
a special election for that purpose, to be arranged for and held at such time
and place within such municipal corporation and in such manner as such
municipal corporation shall prescribe, provided and on condition that a
written petition to such municipal corporation requesting it to arrange for
and hold such special election for such ratification or disapproval of any
such sale, lease, exchange or other disposition, shall be signed by at least
ten per cent, of the voters in such municipal corporation, qualified as afore-
said in this section, and shall be delivered to said municipal corporation
within thirty days after the date of publication of the second notice
required by Section 193A; and if any such sale, lease, exchange or other
disposition shall be ratified as aforesaid at such special election, then such
municipal corporation shall forthwith execute all transfers or other title
papers necessary to consummate and effectuate any such sale, lease,
exchange or other disposition. But if no such petition for a special elec-
tion be signed and delivered to said municipal corporation, as aforesaid,
within the said period of thirty days after the date of publication of the
second notice required by said Section 193A, as aforesaid, then ratification
of any such proposed sale, lease, exchange or other disposition by said
voters, as heretofore authorized in this section, shall not be required and


 

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1929 Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 376, Page 120   View pdf image (33K)
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