ROBERT M. McLANE, ESQUIRE, GOVERNOR.

409

and for the purpose of securing the payment of the

principal and interest of said bonds, the said company

may execute and deliver a mortgage or mortgages on

Debt— how se-

the said canal and of all other estate that may belong

cured.

to it, or may convey the same by deed to such trus-

tees as may be appointed, upon such trusts as may be

reasonably advised or devised for said purpose of

securing the payment of principal and interest of said

bonds.

SEC. 3. And be it enacted, That this act shall take

Effective.

effect from the date of its passage.

Approved April 8, 1884.

Chapter 398.

AN ACT to enable and authorize the Mayor and City

Council of Baltimore to loan to the Richmond and

Danville Railroad Company, a sum not to exceed

two millions of dollars, by issuing bonds or otherwise,

for the purpose of having and maintaining a more

perfect connection by railroad from the city of Bal-

timore to and with the Southern States.

SECTION 1. Be it enacted by the General Assembly

of Maryland, That the mayor and city council of

Baltimore be and they are hereby authorized and em-

Authorized to

powered to loan to the Richmond and Danville Rail-

loan.

road Company on such terms and conditions, and in

such manner and form, as the said mayor and city

council may, by ordinance, prescribe, an amount not to

exceed two million of dollars; provided, however, that

if in the opinion of the said mayor and city council of

Baltimore, the purchase of a controlling interest in

the said Richmond and Danville Company, and the

Purchawe con-

lines of road operated by said company will subserve

trolling inter-
est.

the purpose of having and maintaining a more perfect

connection by railroad from Baltimore city to and

with the Southern States, it shall be lawful for the

said mayor and city council of Baltimore to purchase

a controlling interest in the said Richmond and Dan-