740

LAWS OF MARYLAND.

expiration of sixty days from the service of
such notice, may sue for and recover the same in
an action for money had and received, in any court
of law, and such subscriptions shall be void.

Shall not
impair.

Sec. 4. And be it enacted, That nothing con-
tained in this Act shall in any manner impair the
right acquired by the Union Railroad Company of
Baltimore, to the endorsement or guarantee of its
bonds by the Mayor and City Council of Balti-
more, as provided by an ordinance entitled "An
ordinance to endorse and guarantee the first mort-
gage bonds of the Union Railroad Company of
Baltimore," approved June eleventh, eighteen
hundred and sixty-seven; and the said Mayor and
City Council of Baltimore may so amend or modify
the said ordinance as to accommodate the same to
the change of the terminus of said road, and to
any other changes made by this Act.

Issue bonds.

Sec. 5. And be it enacted, That the said Com-
pany may issue its bonds to the amount of three
hundred thousand dollars, in addition to the

Mortgage.

amount heretofore authorized, and to secure the
same by a mortgage or mortgages covering the
property, franchises and net revenues of the Com-
pany acquired and to be acquired.

Limits.

Sec. 6. And be it enacted, That if the work upon
the said Railroad shall not be commenced within
nine months after the passage of this Act, and
shall not be finished by January first, eighteen
hundred and seventy-three, then this Act shall be
null and void.

In force.

Sec. 7. And be it enacted, That this Act shall
take effect from and after the date of its passage.

Approved April 4, 1870.