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Session Laws, 1838
Volume 598, Page 411   View pdf image
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1638.

LAWS OF MARYLAND.

CHAP. 395.

Baltimore and Susquehanna Rail Road, to the Borough
of York, in the State of Pennsylvania, passed at De-

cember session eighteen hundred and thirty-four, chap-

ter two hundred and forty-one, and the further sup-
plement to the said act, passed, at December session,
eighteen hundred and thirty-seven, chapter three hun-

But subject thereto.

dred and two, but the same liens shall be, and remain
in like force and effect as if this act had not been pass-

ed, and the subject thereto, and after payment of interest

on the means advanced by the State, to and for the
said acts, and as is therein more fully provided, the

Nett profits of the

company pledged

for payment of

interest.

surplus nett profits of the said company, or so much

thereof, as may be necessary for the purpose, shall be

and the same is hereby declared to be pledged and ap-
propriated, and from time to time, shall be paid over

by said company to the treasurer, in payment of in-

terest as aforesaid, on the aforesaid sum of seven hun-
dred and fifty thousand dollars, or so much thereof as

may be advanced to the president and directors of the
said company, and by them returned for the purposes

aforesaid.

City of Baltimore

by accepting.

Sec. 6. Be it enacted, That the city of Baltimore

by approving and assenting to this act, in the manner
provided by the first section thereof, shall he deemed

Postpones her lien.

and taken to have consented to postpone all the liens,

or incumbrances on the property and revenues of the

said company, in favour of the rights of this State,

as declared and provided for in the next preceding
section, but that any profits, or revenue of the said
company, which may remain after the payment of in-

terest on the advances made by the State, under the

provisions of the acts referred to in the next preceding

section, and on the advances which may be made under
the provisions of this act, or so much thereof as may

be necessary for the purpose, shall be pledged and ap-

propriated to the payment of interest on the advances
made, to the said company, by the city of Baltimore

provide for the completion of the Chesapeake and Ohio

Canal to Cumberland, and provide for the comple-

tion of the Baltimore and Susquehanna Rail Road to
the Borough of York in the State of Pennsylvania,
passed at December session, eighteen hundred and



 
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Session Laws, 1838
Volume 598, Page 411   View pdf image
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