WM. T. HAMILTON, ESQUIRE, GOVERNOR.

289

Chapter 197.

A 1ST ACT to authorize the Mayor and City Council

of Baltimore to make further advances to the

Western Maryland Railroad Company, in order

to enable said company to increase its capacity

and to adapt its road to the purpose of a through

line.

WHEREAS the Mayor and City Council of Balti-

timore is now a creditor of the Western Maryland

Railroad Company in the sum of about four millions

of dollars, and the same can only be made available

Preamble.

by enabling the said company to avail itself of the

large, new business being olfercd to it, and which

will also in other respects greatly benefit the said

city and the State of Maryland —

SECTION 1. Be it enacted, by the General Assembly

of Maryland, That the Mayor and City Council of

Baltimore is hereby authorized to make further

loans and advances to the Western Maryland Rail-

Make further
loans.

road Company to an amount not exceeding one mil-

lion of dollars, to enable said company to increase

the capacity of its railroad for business, and to adapt

it to the exigencies and needs of a through road, upon

such terms as may be agreed upon between said

Mayor and City Council of Baltimore and said

company.

SEC. 2. And be it enacted, That in order to pro-

vide the means for the advances hereinbefore stated,

the said Mayor and City Council of Baltimore may

issue the bonds or certificates of indebtedness of said

Issue bonds.

Mayor and City Council of Baltimore, usually known

as city stock, for an amount not exceeding one mil-

lion dollars, upon such terms and conditions and in

such manner as the Mayor and City Council of

Baltimore may hereafter prescribe by ordinance; but

said bonds or certificates shall not be issued, nor

said loans or advances be made to the said company

until the ordinance authorizing and directing the

same shall have been submitted to the legal voters

Submit to
legal voters.

of the city of Baltimore, at such time and places as

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