LLOTD LOWNDES, ESQUIRE, GOVERNOR.

tions," sub-title "Railway Companies," in addition to the
powers possessed by it under its certificate of incorporation as
prescribed by said article of the Code of Public General
Laws, shall have the further powers following, to wit :

515

The said Capital City Railway Company shall have power to
lay down, contract and operate a railroad from the boundary
line of Washington city in Prince George's county, to the city
of Annapolis, or some point on the Chesapeake bay contig-
uous thereto, with lateral branches. Said railroad to be either
of a broad or narrow gauge, as the president and directors
shall deem best, and to operate and run its trains and rolling
stock of every kind by the use of steam, electricity, cables or
any other motor power whatever.

May con-
struct rail-
road.

SEC. 2. And be it further enacted, That said Capital City
Railway Company shall also have the power to purchase, ac-
quire, hold, sell, lease, dispose of and convey real or leasehold
property, not exceeding five thousand acres; and lay out
thereon town sites, and erect hotels, elevators or other build-
ings; and to use and manage the same in any lawful way
whatever; and to open and to work quarries, and generally to
make such lawful use of its said land or other property
as it shall deem desirable.

May hold real
property,
etc.

SEC. 3. And be it further enacted, That the said Capital
City Railway Company shall have power to issue mortgage
bonds, in such sums and forms and payable at such time or
times, and bearing such rate of interest not exceeding six per
cent, per annum, and not exceeding one million of dollars in
the aggregate of the principal thereof, as the president and
directors shall determine; and shall also have power to issue
capital stock to an amount not exceeding one million dollars,
of which such proportion may be made preferred and such
proportion common stock, as the president and directors shall
determine, and the creation of such mortgage or mortgages
shall be authorized and directed by the votes of the majority
of the stockholders, in person or by proxy, at a regular meet-
ing thereof duly called; and said mortgage or mortgages issued
to secure the payment of said bonds, may be made upon the
whole or any part of the property of said Capital City Rail-
way, and also upon its corporate rights, franchises and privi-
leges.

May issue
bonds.

SEC. 4. And be it enacted, That said Capital City Railway
Company shall have the power to acquire by purchase,
lease or otherwise, any other railroad or railroads; and to

May acquire
other roads