ELIHU E. JACKSON, ESQUIBE, GOVERNOR. 103
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their branches, and may be for such periods and upon such terms
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as may be agreed upon between the parties thereto, and shall
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operate to confer upon the Potomac Valley railroad company all
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the powers to use and operate the roads and property so leased
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which the lessor or lessors thereof may possess and have power to
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grant by such lease; the said Potomac Valley railroad company
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is further authorized and empowered to contract with any of the
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companies whose roads and other property it is hereby authorized
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to lease, for the purchase of said roads and other property or any
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part thereof, and to purchase the same and receive conveyance
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May ac-
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thereof, and shall thereby acquire such rights to hold and use the
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quire.
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property so purchased and conveyed as the vendor or vendors
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thereof may possess and grant; provided, however, that no such
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lease or purchase shall be made until the same shall have been
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sanctioned by the holders of a majority of the shares of the capi-
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tal stock of said Potomac Valley railroad company, in person or
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by proxy, at a general or special meeting of the stockholders of
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said company convened according to its charter and by-laws.
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SEC. 3. And be it enacted, That the Potomac Valley railroad
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company shall have the power to subscribe for or purchase and
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hold with all the rights of an owner, shares of the capital stock
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of any of the railroad companies whose lines it is hereby au-
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Other
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thorized to lease, and to aid such companies in the construction
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powers.
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of their railroads by means of subscription to the capital stock
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of such companies, by guaranteeing the mortgage bonds of said
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companies or otherwise.
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SEC. 4. And be it enacted, That this act shall take effect and
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Effective.
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be in force from its passage.
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Approved March 22, 1890.
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CHAPTER 128.
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AN ACT further to amend the charter of the Western Maryland
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tidewater railroad company to enlarge its powers, to provide the
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mode of constructing the road of said company within the city
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of Baltimore, and to prescribe the terms and conditions upon
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which said company may acquire and use a right of way through
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certain property of the Northern Central railway company and
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across the tracks of said Northern Central railway company in
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the city of Baltimore.
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WHEREAS, by the charter of the Western Maryland tidewater
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railroad company, the said company is authorized to construct a
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Preamble
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railroad beginning at or near Howardville station on the line of
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the Western Maryland railroad in Baltimore county, to the south
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