662

LAWS OF MARYLAND.

Empowered

hereby authorized and empowered to merge and

to merge and
consolidate

consolidate with, lease or be leased by, any connect-
ing railroad or line of railroad, to form a continuous

line between Baltimore and Cincinnati, on the south

side of the Ohio river, upon such terms and condi-

tions as may be agreed upon between said companies

or corporations respectively ; provided, however, that

no such merger, consolidation or lease, shall be en-

tered into, take effect or prevail, until it is so author-

ized by a vote of the holders of at least two-thirds of

the capital stock of the said Baltimore, Cincinnati

and Western Railway Company. In the event of
any merger or consolidation being effected, as herein

provided, the capital stock of the said Baltimore,

Cincinnati and Western Railway Company may

consist of the amount of its own stock, together with

the amount of the capital stock of the railroads,

merged or consolidated with ; and whenever the said

Baltimore, Cincinnati and Western Railway Com-

pany shall, in the opinion of the directors thereof,

Increase cap-

require an increased amount of capital stock, the

ital stock.

same may be increased as provided in the said act of

the Legislature of Maryland, passed and approved

on the seventh day of April, A. D., eighteen hun-

dred and seventy-six, chapter two hundred and forty-

two.

SEC. 2. And be it enacted, That the said Balti

more, Cincinnati and Western Railway Company

be and the same is hereby authorized and empower-

ed to cross over or under any other railroad now

built and constructed, or hereafter to be built and

constructed, within this State, at any point on its

Cross over or

route ; and if the two corporations cannot agree upon

under.

the amount of compensation to be made therefor,

the points and manner of such crossing, the same

shall be ascertained and determined in the manner

prescribed in the said act of Legislature of eighteen

hundred and seventy-six, chapter two hundred and

forty-two, for the condemnation of land and other

property.

SEC. 3. And be it enacted, That the said Balti-

more, Cincinnati and Western Railway Company

be and the same is hereby authorized and empower-

ed to borrow money to such an amount as may be