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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2665   View pdf image (33K)
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126 LAWS OF MARYLAND.

 

CHAPTER 90.

 

AN ACT to enable the Mayor and City Council
of Baltimore to subscribe to the amount of one
million of dollars to the capital stock of the
Valley Railroad Company, incorporated by the
State of Virginia.

Valley Rail-
road.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That it shall be lawful for the Mayor
and City Council of Baltimore to subscribe to one
million of dollars of the capital stock of the Val-
ley Railroad Company, incorporated by the State
of Virginia upon the terms and conditions and in
the manner specified and provided for in and by
an ordinance passed by the said Mayor and City
Council of Baltimore on the fourteenth day of Sep-
tember, in the year eighteen hundred and sixty-

Stock.

nine, entitled "An ordinance to authorize a sub-
scription of one million of dollars to the stock of
the Valley Railroad Company, in the State of Vir-
ginia, and a loan to pay such subscription, or upon
such other terms and conditions and in such man-
ner as the said Mayor and City Council of Balti-
more may hereafter by ordinance prescribe, but
such subscription, if made as herein authorized to

Capital Stock.

the said capital stock, shall not exceed the said
amount of one million of dollars; and the said
subscription shall not be made until the ordinance
authorizing or directing the same to be made shall
be submitted to the legal voters of the city of Bal-
timore, at such time and places as are or may be
fixed by such ordinance, and be approved by a
majority of the votes cast at such time and places.

In force.

Sec. 2. And be it enacted, That this Act shall
take effect from the date of its passage.

Approved March 8, 1870.

 

 

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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2665   View pdf image (33K)
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