E. LOUIS LOWE, ESQUIRE, GOVERNOR.

1852.

CHAPTER 141.

CHAP. 141.

AN ACT to authorise the Mayor and City Council

of Baltimore, to aid in the Construction of a Rail
Road from the terminus of the York and Cumber-
land Road, at Bridgeport, to Sunbury and Wil-
liamsport, on the Susquehanna.

Passed May
14, 1852.

WHEREAS, A charter has been granted by the State

of Pennsylvania, for the construction of the Susque-
hanna railroad, to extend from Bridgeport, to Sunbury
and Williamsport, on the Susquehanna, which road, it
is represented to this General Assembly, will be one of
great service and advantage to the trade of the city of
Baltimore; and, it is further represented to this General
Assembly, that the city of Baltimore may deem it ex-
pedient to assist in the construction of the same, by
furnishing aid thereto to the amount of five hundred
thousand dollars, to which end, it becomes necessary
that authority be given to said city to provide for the
raising of the said amount; Therefore.

Preamble.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That the mayor and city council of
Baltimore, be, and they are hereby authorised and em-
powered to give such aid towards the construction of
the Susquehanna rail road, from Bridgeport towards
Sunbury and Williamsport, on the Susquehanna river,
as they may deem expedient, either by lending to the
said Susquehanna rail road company, or to the York
and Cumberland rail road company, the stock or bonds

of the said city, on condition that the said rail road
companies shall pay the interest on such stock or bonds
until the time when the said Susquehanna rail road
shall be completed and opened from its southern ter-
minus to Williamsport, or by a guaranty of the bonds

of the said Susquehanna or York and Cumberland
rail road company, for the purpose aforesaid, and the
said mayor and city council shall be, and are hereby
authorised and empowered to receive from said York
and Cumberland or Susquehanna rail road company,
such security as may seem most advisable, to indemnify
the corporation of Baltimore, against any loss, either

of the interest or principal of the liability, which
may be incurred by said corporation for the construc-

Authority
given.

tion of said Susquehanna rail road; Provided, however,
that the amount of said guaranty or loan shall not ex-
ceed the sum of five hundred thousand dollars.

Proviso.