PRIVATE ACTS. 1417

thence in the State of Pennsylvania to such point as its said
directors may determine; and said corporation shall have power
to charge such reasonable rates and make such stops on said
railroad or railway as its directors may from time to time deter-
mine; and said corporation is authorized and empowered to
lay, construct, erect, build, maintain and operate a single or
double track railway, lines of wire, tubes, poles, conductors
and conduits for the operation of said railroad, along, under,
over and upon, any public avenue, street, lane or highway, in
said Baltimore and Carroll counties, and the cities, towns or
villages therein, and in the State of Pennsylvania; provided
that authority and permission be first had and obtained from
the County Commissioners in said counties and the mayor and
council of said cities, towns or villages, or such other officials
as may be so authorized in such county, city, town or village
or State, and the said corporation is hereby authorized and
empowered to lay, erect, construct, build, maintain and operate
the same along, under, over or upon, any private property
owned, leased, granted or otherwise acquired by said corpora-
, tion, or by permission of the owners thereof, and in general to
construct, maintain and operate a railroad or railway under
the provisions of this Act and those consistent therewith, as
are set forth in Article 23 of the Public General Laws of the
State of Maryland, under the title "Corporations," subtitle
"Railroads."

SEC. 4. And be it enacted. That said railway company shall
have power" and authority to acquire by purchase or consolida-
tion The Hampstead and Manchester Railroad of Carroll
County, a corporation organized under the General Laws of the
State of Maryland, and to connect, consolidate with or acquire
by contract, lease or purchase any other railroad or railway
lateral or contiguous thereto.

SEC. 5. And be it enacted, That the capital stock of said
corporation shall be six hundred thousand dollars, divided into
six thousand shares, of a par value of one hundred dollars each,
with the privilege at any time to increase the same by a three-
fourths vote of its directors to any amount that may be deemed
proper to carry out the purpose of said corporation, and said
corporation shall have power to issue bonds and other evidence
of indebtedness, and to secure payments on said bonds, and
when ten per cent, of the capital stock is subscribed for the
subscribers or stockholders shall elect from their number not
less than seven or more than twelve directors to serve until the
next ensuing election, or until their succesors shall have quali-
fied, and said directors shall elect from their number a presi-
dent, vice-president, secretary, treasurer and executive com-
mittee.