ART. 4. ] CITY OP BALTIMORE. 243

RAILROADS.

By the act of 1870, c. 48, in force and approved February 19, 1870, the mayor and
city council of Baltimore are authorized and empowered to endorse or guarantee the
mortgage bonds of the Western Maryland railroad company, to the amount of four-
teen hundred thousand dollars, and the ordinance of the said mayor and city council
of Baltimore, approved on the twenty-sixth day of January, eighteen hundred and
seventy, and entitled "an ordinance to authorize the endorsement or guarantee by
the mayor and city council of Baltimore of the mortgage bonds of the Western Mary-
land railroad company, and to provide a sinking fund in connection therewith, " is
ratified and confirmed.

The act of 1870, c 90, approved and in force March 8, 1870, makes it lawful for the
mayor and city council of Baltimore to subscribe to one million of dollars of the capi-
tal stock of the Valley railroad company, incorporated by the state of Virginia upon
the terms and conditions, and in the manner specified and provided for in and by
an ordinance passed by the said mayor and city council of Baltimore on the four-
teenth day of September, in the year eighteen hundred and sixty-nine, entitled "an
ordinance to authorize a subscription of one million of dollars to the stock of the
Valley railroad company, in the state of Virginia, and a loan to pay such subscrip-
tion, " or upon such other terms and conditions, and in such manner as the said
mayor and city council of Baltimore may hereafter by ordinance prescribe, but such
subscription, if made as herein authorized to the said capital stock, shall not exceed
the said amount of one million of dollars; and the said subscription shall not be
made until the ordinance authorizing or directing the same to be made shall be sub-
mitted to the legal voters of the city of Baltimore, at such time and places as are or
may be fixed by such ordinance, and be approved by a majority of the votes cast at
such time and places.

By the act of 1870, c. 185, approved and in force March 31, 1870, the mayor and
city council of Baltimore are authorized and empowered to endorse the first mortgage
bonds of the Lynchburg and Danville railroad company, to an amount not exceed-
ing the sum of seven hundred and fifty thousand dollars, upon such terms and con-
ditions as may be determined upon by the said mayor and city council of Baltimore,
and to submit the ordinance providing for such endorsement to the legal voters of
the city of Baltimore; and the ordinance heretofore passed by the mayor and city
council of Baltimore, for the purposes mentioned, is ratified and confirmed.

By the act of 1870, c. 212, approved and in force April 4, 1870, the mayor and city
council of Baltimore are authorized and empowered to, endorse or guarantee the first
mortgage bonds of the Maryland Central railroad company to an amount not exceed-
ing the sum of six hundred thousand dollars, upon such terms and conditions as
may be determined upon by the said mayor and city council of Baltimore; and it is
further enacted, that any ordinance heretofore passed by the mayor and city council
of Baltimore, or which hereafter may be passed for the purposes mentioned in the
first section of this act is ratified and confirmed.

Section 2 of the act of 1870, c. 110, approved and in force March 23, 1870, enacts
that the number of directors of the Western Maryland railroad company shall be
increased to thirteen, and that the mayor and city council of Baltimore are author-
ized to appoint six directors in addition to the directors already to be appointed by