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LAWS OF MARYLAND.

of the corporation by the stockholder or stockhold-

ers as they or a majority of them may deem best,

and may sell and dispose of any or all the property

of said company.

SEC. 9. And be it enacted, That said president

and directors, or a majority of them, shall have

Use property

power to make use of the property to be acquired

acquired.

and owned by said corporation, in accommodating

the business to be brought by or to be transported

over the Western Maryland Railroad, and in furn-

ishing terminal facilities therefor, or may lease the

same to said railroad company for such period or

for such rental, equal to not less than six per centum

upon the whole cost thereof, and upon such terms

and conditions, and subject to such covenants as

may be agreed upon between said corporation,

hereby chartered, and said railroad company.

SEC. 10. And be it enacted, That the Finance

Commissioners of the city of Baltimore, by the

authority of the Mayor and City Council of Balti-

City Council

more, to be declared by its ordinance, may invest

may invest.

any funds in their hands in the purchase of any or

all of the said shares of capital stock, on behalf of

said Mayor and City Council, and all said capital

stock to be held by the Mayor and City Council

of Baltimore shall be exempt from taxation by the

State, or in the reversion and ground rent under

any lease or leases to be made by said Western

Maryland Railroad Terminal Company to said West-

ern Maryland Railroad Company.

SEC. 11. And be it enacted, That this act shall

Effective.

take effect from its passage.

Approved March 30, 1882.