JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 571

SEC. 8. And be it enacted, That any land which may	Land tendered.
be tendered to "the said company in payment for the
whole or any part of any subscription to the capital
stock of the said company, heretofore made or here-
after to be made, if the valuation thereof shall not
have been agreed upon, it shall be valued by two ar-	Appoint arbitrators
bitrators, one to be appointed by the company and
the other by the subscriber, within ten days after
being notified in writing of the appointment of an
arbitrator by the company ; and in case of disagree-
ment of the said arbitrators then by an umpire, to be
chosen by them, and the said arbitrators or the said
umpire shall make their award in writing; the same
shall be binding and conclusive upon both the com-
pany and the subscriber ; and in case any subscriber,
whose subscription is made payable in- land, shall
fail to tender to the said company land to the value	Fail to tender.
of such subscription, within twenty days after being
notified and required by the said company in writing
so to do, or in case the said subscriber shall neglect
or refuse to designate or appoint an arbitrator, as
hereinbefore provided, within ten days after being
notified in writing as aforesaid of the appointment
of an arbitrator by the company, or if the land ten-
dered by said subscriber should, upon being so valued
as aforesaid, prove insufficient for the payment of
such subscription, or if such subscriber shall fail or
neglect to convey such land to the company in pay-
ment of such subscription, after such award shall be
made as aforesaid, for the space of thirty days after the same shall be demanded by the company or its	Penalty for failure
duly constituted agent or attorney, then and in that
case the said company may forfeit the said stock, or
may in its discretion institute and sustain in its name
an action or actions before any tribunal in this State,
having jurisdiction of the subject matter, to recover
from such subscriber the amount of such subscrip-
tion in money, or any part thereof due, or any defi-
ciency therein as aforesaid, together with interest
thereon and cost of suit.
SEC. 9. And be it enacted, That the said company be
and the same is hereby required and bound to run
or cause to be run daily, at least two through trains	Two dally pas-
of passenger cars, without change of cars between	senger trains.
the cities of Baltimore and Annapolis, either over ita