THOMAS W. VEAZEY, ESQUIRE; GOVERNOR.

1836.

Company, and of the York and Maryland Line Rail
Road Company, be, and they are hereby released and
discharged, so far as may be necessary to enable the
said companies to borrow upon the security of the said
roads, tolls, property or other effects, any sum or sums
of money not exceeding six hundred thousand dollars,
.upon the terms and conditions hereinafter mentioned.
SEC. 2. And be it enacted, That the president and di-

CHAP. 236.
So far as

rectors of the said Baltimore and Susquehanna Rail
Road Company, be, and they are hereby authorised
and empowered to borrow, for the completion of the
said Baltimore and Susquohanna Rail Road, and of the
said York and Maryland Line Rail Road, and for pro-
viding suitable means and facilities for transportation
thereon, such sums of money as they may require, not

Loan authoris-
ed to complete
the road

exceeding in amount six hundred thousand dollars; and
to pledge and mortgage as a security for the repayment
of the same, the roads, property and effects of the said
company, together with the tolls and revenue to be de-
rived from the said road, free, clear and discharged
from all claim which this State might make under the
Hens or mortgages executed to the State by the said
Baltimore and Susqucbanna Rail Road Company, and
the said York and Maryland Line Rail Road Compa-
ny, in pursuance of the provisions of the act to which

Pledge may be

given

this is a supplement; and to apply so much of the net
revenue arising from said roads as may remain after
the payment of interest to the State, to the payment oi
interest and redemption of the principal of the loan

Proceeds appli-

ed

hereby authorised; provided, that nothing herein shall
be so construed to affect or deprive the State of it's claim
under the act to which this is a supplement, and under
the liens, mortgages and obligations executed in pur-
suance of the provisions thereof, to the payment of in-

State claim to
payment of in-
terest, reserved

terest on its loan as therein specified; and provided
also, that after the payment of the principal of the
loan herein authorised; or the refusal of the person or
persons, body corporate or politic, to whom the same
may be owing, to receive the same when due, the
State's claim for the principal sum of one million of
dollars, shall be and remain as it was before the pas-

And to the prin-

cipal after pay-

ment

sage of this act; and provided also, that no contract
for a loan as aforesaid, shall be made or [entered into
on any terms which will require the payment of the

Limitation