EMERSON C. HARRINGTON, GOVERNOR. 1055

the provisions contained in Article 23 of the Code of Public
General Laws of Maryland title "Corporations, " sub-title
"Railroad Companies, " relating to the crossing by railroad
companies of the tracks of other railroad companies; and all
crossings of intersecting railroad tracks now constructed or
which may hereafter be constructed shall be by overhead cross-
ings or otherwise as may, in the judgment of the Board of
Directors of the said The Baltimore Transit and Terminal
Company, be most expedient; provided, however, that if said
The Baltimore Transit and Terminal Company shall make
over and transfer to The Mayor and City Council of Balti-
more not less than 51% of the entire capital stock hereby
authorized or hereafter to be authorized and issued by said The
Baltimore Transit and Terminal Company, to be held by the
said The Mayor and City Council of Baltimore for the use
and benefit of the said The Mayor and City Council of Balti-
more in perpetuity without power of alienation, which trans-
fer in perpetuity is hereby expressly authorized to be made,
and if further said The Baltimore Transit and Terminal Com-
pany shall agree and covenant that the road, tracks, tunnels, or
other facilities constructed or acquired by it shall be open
upon equal terms and conditions to all railroads now or here-
after desiring to use the same up to the capacity of said roads,
tracks, tunnels, and other facilities, that then and in that
event,, in consideration of said transfer of stock and said agree-
ment and covenant, said The Mayor and City Council of Bal-
timore shall have the right to grant to said The Baltimore
Transit and Terminal Company a franchise or easement in
said streets, highways, or other public property in the city of
Baltimore for such term exceeding the term of twenty-five
years as may be fixed by contract between said The Mayor and
City Council of Baltimore and said The Baltimore Transit
and Terminal Company, which contract the said The Mayor
and City Council of Baltimore is hereby expressly authorized
to execute, and provided further that said The Mayor and
City, Council of Baltimore may in said contract so authorized
as above extend the time within which said franchise shall be
executed and enjoyed for such period as may be fixed in said
contract, the said The Mayor and City Council of Baltimore
being hereby expressly authorized, in consideration of the trans-
fer of not less than 51% of said stock as hereinbefore pro-
vided, and the covenant for general use as above, to waive
the limitation of a franchise grant to a term of twenty-five
years as provided in Section 9 of said Article 4, and to waive