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for the purpose herein mentioned, and no further, and shall
have perpetual succession; and by said corporate name may
sae and be sued, and may have and use a common seal,
which they shall have power to alter and renew at their
pleasure; and shall have, enjoy, and may exercise all the
rights and privileges which other corporate bodies may law-
fully, do for the purposes herein mentioned.
SEC. 3. And be it enacted, That the Mayor and City
Council of Baltimore, the Northern Central Railroad Com-
pany, the Western Maryland Railroad Company, and the
Canton Company, and any other corporation chartered by
this State, may, and they are hereby fully authorized and
empowered, severally and respectively, each on its own ac-
count, to subscribe, as corporations, to the capital stock of
said Company, which subscriptions shall be made for the
said Mayor and City Council by ordinance, and by the other
corporations in the manner in which other corporate acts are
by them respectively performed; and the first subscriptions
of the said corporations shall not be deemed to exhaust the
power, but each of the said corporations may make other and
further subscriptions, if they consider the same expedient
and proper; and the said Mayor and City Council may from
time to time borrow money, or issue certificates of indebted-
ness, to meet any instalments of subscription, and each of
said corporations is authorized to issue its bonds to th
amount necessary to meet such subscriptions, and to secure
such bonds by mortgage or otherwise.
SEC. 5. And be it enacted, That upon every such subscrip-
tion there shall be paid at the time of subscribing, to the
Commissioners, or their agents appointed to receive such
subscriptions, to the sum of one dollar per share, and the
residue thereof shall be paid in such instalments, and at such
times as may be required by the President and Directors of
said Company; Provided, That not more than one-half of
such subscriptions be demanded in any one year from the
commencement of the work, nor any payment demanded
until at least thirty days public notice of such demand be
given by the said President and Directors, by advertisement
published at least once a week for three weeks, in two of the
Baltimore papers; and if any subscriber shall fail or neglect
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