LLOYD LOWNDES, ESQUIRE, GOVERNOR.

Mayor and City Council of Baltimore full power and
authority to do the several acts mentioned in said ordinance
in the manner and upon the terms therein set forth, and to
authorize the President and Directors of the Western Mary-
land Railroad Company to do and perform all the acts required
by said Company to be done by the terms of said ordinance.
WHEREAS, It has been represented to the General Assembly
of Maryland by the Mayor and City Council of Baltimore that

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it is to the interest of said Mayor and City Council to obtain
authority to issue the stock of said Mayor and City Council to
the amount of eight hundred and seventy-five thousand dollars
($875,000), and to use the same for the payment of the third
mortage bonds of the Western Maryland Railroad Company,
to the amount of eight hundred and seventy-five thousand dol-
lars ($875,000), bearing interest at the rate of six per cent, per
annum, guaranteed by the Mayor and City Council of Balti-
more, which will mature on the first day of January, 1900;
and to issue the stock of the said Mayor and City Council to
the amount of one million dollars ($1,000,000), to be used for
the purpose of paying and extinguishing a like amount of the
stock of the Mayor and City Council of Baltimore, bearing six
per cent, interest, loaned by the Mayor and City Council of
Baltimore to the Western Maryland Railroad Company, and
falling due on the first day of January, 1902 ; and
WHEREAS, The said Mayor and City Council have petitioned
the General Assembly of Maryland to authorize the issuing of
said stock, and to confer upon the Mayor and City Council of

Preamble.

Baltimore all the authority required to enable the said Mayor
and City Council of Baltimore to do the several acts provided
for in Ordinance No. 18 of the Mayor and City Council of
Baltimore of the session of 1897 and 1898, the ordinance above
referred to, and to ratify and confirm said ordinance ; there-
fore,
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the said ordinance of the Mayor and City Council
of Baltimore, approved on the 9th day of March, 1898, and

Preamble.

entitled "An Ordinance to provide for issuing the stock of the
Mayor and City Council of Baltimore, and to sell the same,
for the purpose of providing means to enable the Western
Maryland Railroad Company to pay and extinguish all of its
third mortgage bonds amounting to eight hundred and seventy-
five thousand dollars ($875,000), guaranteed by the Mayor and
City Council of Baltimore, when the same shall mature on the

Ratified and
confirmed.