T. WATKINS LIGON, ESQUIRE, GOVERNOR.

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CHAPTER 151.

AN ACT, authorising the Mayor, Aldermen and Com-
mon Council of Frederick, to subscribe to the capital
stock of the Metropolitan Rail Road Company or to
guarantee the bonds of said company, and to provide
by taxation for the payment of the principal and in-
terest of said subscription or guarantee.

Passed
Mar. 10, 1854.

Be it enacted by the General Assembly of Mary-
land, That whenever the Metropolitan Rail Road Com-
pany shall furnish the corporate authorities of Frederick
city, the evidence that the said rail road company by its
corporate act, shall have adopted the route for said road
by the most practicable, direct and central route to
Frederick city, east of the Sugar Loaf Mountain, the
said Mayor, Aldermen and Common Council of Fred-
erick, are hereby authorised to subscribe for slock in the
Metropolitan Rail Road Company, or to guarantee the
bonds of said company as they may prefer, to an amount
not exceeding one hundred thousand dollars, and that
the said Mayor, Aldermen and Common Council, shall
shall have full power and authority to levy upon the
assessable property of said corporation all such taxes as
may be necessary to pay the principal and interest of
any liability incurred by such subscription or guarantee,
and to collect said taxes as they collect their other taxes.

CHAPTER 152.

Authority to
subscribe.

AN ACT to repeal BO much of the act of eighteen hun-
dred and fifty-three, chapter four hundred and forty-
one, as restricts the issue of bank notes, by the sever-
al banking corporations in this State, to the amount
of the capital actually paid in.

Passed
Mar. 10, 1854.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That the restriction of the issue of bank
notes, by the fifth fundamental article of the act, passed
at January session, eighteen hundred and fifty-three,
chapter four hundred and forty-one, to the amount of

Repealed.