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Session Laws, 1864
Volume 531, Page 71   View pdf image (33K)
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A. W. BRADFORD, ESQUIRE, GOVERNOR. 71

CHAPTER 53.

 

AN ACT to confirm the purchase of the railroad
of the George' s: Creek Coal and Iron Company
by the Cumberland and Pennsylvania Railroad
Company, and to authorize said company to in-
crease its capital stock.

Passed Jan.
26, 1864.

SECTION 1 . Be it enacted by the General Assembly
of Maryland, That the purchase by the Cumber-
land and Pennsylvania Railroad Company, in Oc-
tober eighteen hundred and sixty-three, of the
railroad of the George's Creek Coal and Iron Com-
pany, and its appendages, leading from its junc-
tion with the Cumberland and Pennsylvania Rail-
road, near the village of Lonaconing, in Allegany
connty, to the Baltimore and Ohio Railroad, at
Piedmont, Virginia, be and the same is hereby
confirmed, and that the' said Cumberland and
Pennsylvania Railroad Company be and it is here-
by authorized and empowered to have, hold, use,
manage, work and control said road and all its
appendages, including road bed and rolling stock
purchased as aforesaid, and with the same rights,
powers and franchises as if the same had been
acquired and constructed under its original char-
ter and supplements thereto.

Purchase
confirmed.

Sec. 2. And be it further enacted, That the Pre-
sident and Directors of the Cumberland and Penn-
sylvania Railroad Company be and they are hereby
authorized and empowered to increase the capital
stock of said company an half million of dollars,
and to treat and consider said stock, or so. much
thereof as said President and Directors may con-
sider right and proper, as fully paid for by the
railroad, and its appendages and rolling stock
purchased as aforesaid from the George's Creek
Coal and Iron Company, and by its branch rail-
road constructed up Neff's run, and the brancli
railroad constructed up Winebrenner's run, and
the rolling stock and equipments placed by said
company upon its road since its first organization,
(all of which, as is represented to this General
Assembly, including said branch railroads, have
been added by said company to its property since

Authorized
to increase cap-
ital stock.



 

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Session Laws, 1864
Volume 531, Page 71   View pdf image (33K)
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