578

LAWS OF MARYLAND.

date with any railroad company or companies, either

in or out of this State, so that the capital stock of

Power to unite

said companies so united, connected and consolidated

ete.

respectively, may, at the pleasure of the directors,

constitute a common stock, and the respective com-

panies may thereafter constitute one company and

be entitled to all the rights, privileges and immuni-

ties which each of them possess, have and enjoy

under and by virtue of their respective charters.

SEC. 3. And be it enacted, That the Annapolis

and Baltimore Short Line Railroad Company shall

Lease and op-
erate.

have the power to lease and operate any railroad or

railroads, either in or out of this State, for the pur-

pose of carrying on their business.

SEC. 4. And be it enacted, That the Annapolis

and Baltimore Short Line Railroad Company shall

Increase capi-
tal stock.

have power and authority to increase their capital
stock not to exceed two millions of dollars, and to

issue mortgage bonds, with coupons attached, in

such amounts as they may deem advisable, for build-

ing, equipping and maintaining the said road, its

extensions and branches, and its steamships, steam-

boats and barges, and its pleasure resorts and pro-

duce market, the said mortgage bonds to be made

payable at such times and on such terms as the

directors may determine; and the said company shall

have also the power and authority, by their proper

officers, to mortgage the said road, its extensions

May mortgage

and branches, with all their personal and real estate,

roads.

franchises, rights and privileges, for the security and

payment of the said mortgage bonds and other ob-

ligations of the said company; and if they deem it

advisable may lease the said road, its extensions and

branches, and all or any of the property of the said

company to any other corporation, individual or

individuals, for such time and on such terms as they

may deem best for the interests of the said company.

SEC. 5. And be it enacted, That all acts or parts

of acts inconsistent with this act be and the same

are hereby repealed; that this act shall take effect

Inconsistent

from the date of its passage; and that the General

acts repealed.

Assembly reserves the right to alter, amend or repeal

this act at pleasure.

Approved May 3, 1882.