1860.

LAWS OF MARYLAND.

CHAP. 96.

or proper for exercising all the powers vested in
the company hereby incorporated, and for carrying

Proviso.

the objects of this act into effect; Provided only,
that such by-laws shall not be contrary to the laws
of the United States, or the laws of this State, or
any of the provisions of this act.

May increase
capital stock.

SEC. 8. And be it enacted, That if the capital stock
of said company shall be deemed insufficient for the
purposes of this act, then and in that case it shall
and may be lawful for the president and directors
of said company, or a majority of them, from time
to time, to increase the said capital stock, by the
addition of as many shares as they may deem ne-
cessary, for which they may, at their option, cause
subscriptions to be received in the manner pre-
scribed by them, or may sell the same for the bene-

Authorised
to borrow
money.

fit of the company, and that they, or a majority of
them, shall have power to borrow money for the
objects of this act, to issue certificates or other evi-
dence of such loans and to pledge the property of
the company for the payment of the same and its
interest.

Vested rights.

SEC. 9. And be it enacted, That the president and
directors of said company shall be and they are
hereby invested with all the rights and powers ne-
cessary to construct a road or roads, from Hagers-
town to any point on the Baltimore and Ohio rail-
road, within the limits of Frederick or Washing-
ton counties, as prescribed in the first section of
this act, not exceeding sixty-six feet wide, with as
many sets of tracks as the said president and direc-
tors may deem necessary, and they may cause to be
made, or contract with others for making, any
part of said railroads, and they, their agents or
those with whom they may contract for making
any part of the same, or their agents, after the
purchase and condemnation thereof in the manner
hereinafter prescribed, may enter upon, and use
and excavate any land that may be wanted for the
site of the said railroad, or the erection of the
warehouses or other works necessary for said rail-
road, or for any other purposes necessary for the
construction or repair of said road or its works;
and that they may build bridges, fix scales and
weights, lay rails, and may take and use any earth,
timber, gravel, stone and other material, which
may be wanted for the construction or repair of any
part of said road or any of its works, and may make