ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

143

of them shall give the same notice of the time and place .of sub-

Inecrease

scribing such additional stock as is provided in section three of

stock.

this act preliminary to the election of a president and directors.

SEC. 8. And be it enacted, That upon every subscription of said

stock whether under section two or section seven of this act,

there shall be p'aid to the incorporators or their agents the sum

of ten dollars on each and every share subscribed, and the residue

shall be paid in such instalments and at such times as the presi-

dent and directors shall prescribe and require, and if any sub-

scriber shall neglect to pay any instalment for the space of thirty

days after the same shall be due and payable, the stock on which

it is due and demanded shall at the discretion of said president

Forfeit.

and directors be forfeited to the corporation; provided, neverthe-

less, that nothing herein contained shall be construed to prevent

said corporation from suing for and recovering such unpaid in-

stalments in like manner as other debts and claims are recoverable.

SEC. 9. And be it enacted, That this act shall take effect from

Effective.

the date of its passage.

Approved March 19, 1890.

CHAPTER 139.

AN ACT to provide for the mode of constructing and operating

the railroad of the Baltimore belt railroad company in Balti-

more city and Baltimore county, to regulate the charges therein,

to authorize said company to connect its tracks with those of

other railroad companies, to authorize the use of its tracks and

property by other companies, and to provide for the issuing of

stock, the borrowing of money, and the acquisition of property

by said company.

WHEREAS, the Baltimore belt railroad company, a company

duly organized under the act of eighteen hundred and seventy-

six, chapter two hundred and forty-two, now forming a part of

Preamble.

article twenty, of the Code of Public General Laws, propose to

construct a line of railroad passing through parts of Baltimore

city and parts of Baltimore county, and in making its said rail-

road to construct the same in a tunnel for part of the route

thereof; and

WHEREAS, the construction of said tunnel involves a large and

Preamble.

heavy cost.

SECTION 1. Be it enacted by the General Assembly of Maryland,

That for the transportation of passengers over said line or any

part thereof, the said company shall be entitled to charge any