Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1853-05-19


ADJoURNMENT.-The Joint Committee
OF the two Houses of the Legislature, have
recommended an adjournment on the 3lst
Of May inst.
BALTIMORE AND POTOMAC RAILROAD
BILL.
Instead Of the synopsis, Of the bill incor-
pora,ing the Baltimore and Potomac Rail-
road, which we had prepared, we give the
following copied from the Marlboro Ca
zette:
The c. pi,al Stock Of the Company shall
be 100000, and as soon as $500 shares
Of stock shall be subscribed, the s.ockhold-
ers and their successors are declared TO be
incorporated into company by the name
of the ''BsI,imore and Potomac Railroad
Company and ss such shall have full cor
porate powers. Two dollars are to be paid
upon each share Of stock, al the time Of sub
scribing for the SINE, and The remainder to
be paid at such time thereafter ss may be
required in the progress of the work. The
money advanced on the stock is TO be re-
funded in case sufficient amount be not
subscribed. IF the subscription be not re-
ceived within five years, the Act Of incorpo-
ration will be null and void. A President
and Directors 10 be elected annually; an
annual statement to be made by them of.be
condition of The affairs of The company. Al
all meetings Of stockholders, each stock
H., = Io6 fov orb ehar
he may hold.
The road is to be constructed "from some
suitable point in or near The city of BaIli-
more 10 be selected by the presiden. and
directors Of said company, to point no.
higher up than Liverpool point end Tot low
er down than the Wicomico River; with
such branches at any point Of said railroad,
nor exceeding 20 miles in length ss the
president and directors may determine.
The rates OF transportation on said road
shall not exceed 10 cents per ton per mile;
and for passengers not exceeding a cents
per mile. Semi-annusl dividends shall be
declared. If the road be commenced with
in sic years from the passage of the act, and
be not finished within four years from the
commencement thereof, then The act 10 be
null and void.
The bill was reported by Mr.. Bowling,
and the committee TO which j, was referred
reported IL with amendments requiring The
road to be run through Upper Marlboro or
within one mile Of the same. and also by or
near the town Of Port Tobacco. Sections
were also added empowering the company
to connec. the road with other roads now
in operation, or which may hereafter be con-
slructed.
On motion Of Mr.. Bowling the following
gentlemen were appointed Commissioners
to carry into effect The provisions Of the Act:
Thomas G. Pratt, John S. Sellman, Charles
R. Stewart Rein Hammond, George Wells,
Owen Disney, John T. Hodges, James S.
Owens. Thomas F. Bowie, George Morton,
William r. Barker, William P. Brooke, Dr..
Charles Duvall, w. w. w. Bowie, Charles
c. Hill, Nicholas H. shipley, P. w. Grain,
William B. Stone, John Matthews, John w
Jenkins, Francis Thompson, Uzisl Nalley,
Walter Mitchell, Edmund Perry, George
Thomas. Richard Miles, Edward ]. Pic wden,
John C. Bruno, John S. Cuttings, James
Carroll, Edward Reynolds, Henry Garrett,
Francis Neale, Genus Bernum and William
Baker. And the Bill then passed the Senate
without, dissenting voice The bill has
also passed the House Of Delegates, and is
now law.
So, then, the beginning has been made
Shall we see the end is now the question.
We are sanguine enough to hope that we
shall see the enterprise consummated. ST.
100000, is required to pu, the road in work
ing order. From reliable authority, we
learn that Virginia company is ready to
subscribe 100000, worth Of the stock,
under certain conditions. If this be SO we
have certainty tina, the road will be CON-
menced and then there would be too much
good sense among capitalists 10 suffer the
undertaking to lsnguish. We shall see
and what we shall see, our readers shall
also see.
The Planters .Adrocate sets forth the ad-
vantages Of this Railroad in lengthy and
able article, from which we extract the fol-
lowing:
The mos. obvious advantage that will
arise from the building of the proposed road
is this: i. will afford constant end rapid
ext, for our heavy produce. Now, perhaps.
it is hardly going too far, when we say thai
the raising Of heavier produce is sometimes
discouraged IN this county, by the grea, diff.
icullies experienced in getting it 10 market
Our only present means oflrsnsport consists
in the Paluxent river craft-which reach Bal.
,imors after long journeys, by a necessary
roundabout. path, and after being subjec. lc
stress of weather and all The accidents tina
render water-voyage one of risk. Suppose
we see by the papers that in so many day.
wheat will command such an advance-hov
in the world can we profit by the intelli.
gence: Suppose we do anticipate such q
raise in prices, and ship our crop-what Sc.
curity have we that i! will arrive in marke
soon enough 10 be benefted' Add to al
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