HENRY LLOYD, ESQUIRE, GOVERNOR.

and another mortgage from said company to
the Mayor and City Council, dated the third
day of April, eighteen hundred and seventy--
two, to secure the payment of the principal
and interest of said stock; and

WHEREAS there are three issues of bonds of
the Western Maryland Railroad Company, each
of the sum of six hundred thousand dollars,
each bearing interest at the rate of six per
cent, per annum, payable semi-annually, and

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each secured by a mortgage having priority
to the securities so as aforesaid held by the
Mayor and City Council of Baltimore on ac-
count of its guarantee of the said eight hun-
dred and seventy-five thousand dollars of
bonds and account of its loans of the said one
million dollars of stock; and

WHEREAS, in addition to the principal of
said three issues of bonds, there is an amount
of two hundred and sixty-nine thousand six
hundred and thirteen dollars of overdue cou-
pons on the first mortgage bonds, and of three
hundred and forty-nine thousand and thirty-
five dollars of overdue coupons on the second
preferred mortgage bonds, and of six hundred
and twelve thousand dollars of overdue cou-
pons on the second mortgage bonds, making

Preamble.

the whole amount of debt of said company
having a lien superior to the mortgages held
by the Mayor and City Council of Baltimore,
to protect them against their liability on ac-
count of said eight hundred and seventy-five
thousand dollars of bonds, and on account of
said one million dollars of stock, three million
and thirty thousand six hundred and forty-
eight dollars, bearing interest at the rate of six
per cent, per annum; and

Preamble.

WHEREAS the Western Maryland Railroad
Company is now paying interest at the rate of
six per cent, per annum upon the principal of
six hundred thousand dollars of first mort-
gage bonds, and six hundred thousand dollars

Preamble.