174

LAWS OF MARYLAND.

hereby authorized and empowered to construct, main-

tain and operate, in connection with its business, ele-

vators, wharves, piers, shops, and other works necessary

or proper to facilitate the business of said company,

and to acquire and hold such real or leasehold prop-

Acquire and
hold property.

erty as may be required for any of such purposes, in

the same manner that said company is authorized to

acquire and hold such property for other purposes;

said company may also purchase an.d own, hire or

charter steam or other vessels, and use the same on

the navigable waters of this state for the purpose of

transporting passengers and freight to or from its

railroad, and to or from any of its elevators, wharves

or piers.

SEC. 2. And be it enacted, That the said railroad

company may acquire, construct and operate such

elevators, wharves, piers and other terminal works,

May acquire,
&c., elevators,

and acquire the necessary property therefor, at or near

wharves, £c.

its terminus at tidewater, and also at other places at

or near tidewater, with which connections may be had

from said terminus by means of steam or other vessels.

SEC. 3. And be it enacted, That said railroad com-

pany is hereby authorized and empowered to make

and execute to the Western Maryland Railroad Com-

Execute lease
of its road.

pany, a lease of its road or any part thereof, when con-

structed, and its branches, including its shops, depots,

offices, elevators, wharves, piers, vessels, and all other

property acquired or to be acquired and used in con-

nection with its business, so as to enable said Western

Maryland Railroad Company to operate and use the

same or any part thereof, for such period and on such

terms as may be agreed upon between said companies ;

said Western Maryland Tidewater Railroad Company

M\>< ul*t> sell.

may also contract to sell, and sell its said railroad

when constructed, or any part thereof, and its branches

and all or any of its offices, depots, shops, elevators,

wharves, piers, vessels, and all other property acquired

or to be acquired and used in the prosecution of its

business, and all its rights to hold, use and operate the

same as hereby authorized to the said Western Mary-

land Railroad Company on such terms as may be

agreed upon between said companies; provided, how-

ever, that no such lease or contract of sale shall be

Majority of
capital stock to

made or entered into until the same shall have been

authorize.

authorized by the holders of a majority of the capital

stock of said Western Maryland Tidewater Railroad