THOMAS SWANN, ESQUIRE, GOVERNOR. 621
And whereas, By the Act of the General Assem-
bly of Maryland of eighteen hundred and sixty,
Chapter three hundred and three, the mm of sixty
thousand dollars was appropriated to the Colum-
bia and Port Deposit Railroad Company, so as
aforesaid, incorporated under the laws of Mary-
land, to be paid to the said Company after it
should appear, by the affidavit of the President of
said Company, that bona fide subscriptions to the
capital stock thereof, equal to the subscriptions on
the part of the State by said Act authorized and
directed, had been actually made ;
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Appropria-
tion.
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And whereas. It doth appear, by the affidavit of
the President of said Company, that bona fide sub-
scriptions have been actually made to the capital
stock of said Company to a sum largely exceeding
the sum of sixty thousand dollars, and that the
subscription so made and actually paid in by the
subscribers thereto amount to a greater sum than
sixty thousand dollars ;
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Capital stock.
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And whereas, It appears that the said Columbia
and Port Deposit Railroad Company, as merged
and consolidated, are about to issue bonds which
are secured by first mortgage upon the whole of
the property and franchises of said Company, both
in Maryland and Pennsylvania, which said bonds
bear interest at the rate of seven per cent, per an-
num clear of State and county taxes ; now, there-
fore,
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Issue bonds.
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SECTION 1. Be it enacted by the General Assembly
of Maryland, That the Comptroller be and he is
hereby authorized and required to issue his war-
rant on the Treasurer for the payment to the Co-
lumbia and Port Deposit Railroad Company of the
sum of sixty thousand dollars, and that upon the
receipt of said warrant the Treasurer be and he is
hereby authorized and required to pay to the
Columbia and Port Deposit Railroad Company the
said sum of sixty thousand dollars, upon the de-
livery to the said Treasurer, by the Columbia and
Port Deposit Railroad Company, its said bonds
secured by first mortgage as aforesaid for the said
sum of sixty thousand dollars.
Sec. 2. And be it enacted, That so much of the
fourth Section of the said Act of eighteen hundred
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Issue warrant.
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