The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-06-17
VIM. II TRAVERS,
W. S. BROWNING,
WILLIAM DEGOEY,
ROBERT CATHCART.

jel5l0t J.B. SUMWALT.
1t will be perceived that in executing the 9TH
section of the ordinance no proxinate estimate of
| capital has been assumed, and no value fixed for
the shares OF stock sought to be subscribed This
was not my understanding of the notice required
| to be given. liberal and not a technical con-
strucon of the ordinance in this particular would
seem to be just to all parties. Ninety davs were
given to obtain proper and reliable estimates of
the probable value of the work-and the cost of
the entire system OF roads named an the ordinance
lods the standard Of capital stock authorized to be
issued The shares were expected to have been
| regulated by ,ChGt EnOcn to be the unipersnl
custom an all similar enterprises. As the notice now
stands, no one but the large capitalists, looking
l to the exclusive appropriation of the grant
would venture to respond to the call of the gran
tees To this proceeding enter my most earnest
protest.
Some short time since an announcement was
made through the public prints, that the Passen-
| ger railways had been commenced in our streets
the ordinance requiring the work to begin within
| sixty days after its approval by the Mayor
Having had no communication with the party or
parties engaged in the work. called upon the CITY
Commissioner to know whether any official inter
view had been sought with him. That officer in
formed that he had not been notified at the time
of the commencement of the work, and that il was
not only proceeding without his sanction but in the
face of refusal on his part to sign paper of speci-
heations which had been prepared by the Chief
| Engineer, and submitted to him. On the lst inst
| addressed a letter to the original grantees and
their securities, copy of which is herewith an.
nexed together with all the correspondence had
with these gentlemen and others.
10 this letter reply made bv the original
grantees, enclosing letter signed "GiIbert j. Bry-
son, Chief Engineer" The letter of H. J. Bavly.
City Commissioner, is also annexed, and a letter
from Gilbert j. Bryson, in reply to a letter from
the Mayor, asking from whom he received the COM
mission of Chief Engineer, and by whom the con-
tracts had been made for the construction of the
roads.
The ordinance contains important provisions for
| protection of oft
The materials used in the construction of these
roads are stipulated to be furnished by Baltimo-
reans, and the work was to have been done ex-
| cluslvely by the labor of our citizens Itwas
essential therefore, to the performance of the duty
devoved upon him, that the Mayor should know
with whom he was to open official communication
IN carrying out the requirements of the law.
| On the day OF the date of the letter from the
original grantees, (June 3d. received visit
from gentleman who was introduced to me as
Mr.; Brock, of ofPhiladelpha. He informed me that
he had come to answer any questions, and put me
In possession of any information might REQUIRE in
regard to the Passenger Railway; that he was the
person authorized to speak for an association to
whom the power OF the original grantees had been
absolutely transferred; that he and his associates
could not recognise the original grantees as having
any interest in the road, that their rights had
been parted with; and that in case l desired infor-
nation, must seek it from their counsel
| The assignment to which this gentleman referred
l have since procured, on application to the Clerk
of the Superior Court for this city, and is in the
words lolOWlng, to w.t.
Wln. H. TrGrerS and Oilers Indent,re of Ass;onoent
10 Laurence johnson and OherSThis Indenture made
this second day of April in the hundred
and fty-nne, between William II. Travers William s
Browning, William De Goey, Robert Cathcart Joshua
b. Sumwalt, of the city of Baltimore and State of Mary
land of the one part and Lawrence Johnson Conrad s
Grove Robert F. Taylor John Ely Jonathan Brock
OF the other part Witnesseth that good valuable
consideration paid given by the parties of the second
part to the parties of the first part hereto the said VIII
liam II. Travers, William S. Browning William De Goey
Robert Cathcat, and Joshua B. Sumwalt have granted
franchises and easements which the parties the
first part hereto have claim may use employ and ex
ercse under and by virtue of ordinance the Mayor
and City Council OF baltimore, entitled An Ordinance
empowering William II. Travers, William S. Browning
William De GOey, Robert Cathcart, Joshua B. Sumwait
and those who are may become associated with
them and their assigns to build and lay tracks for
| Passenger Railroad on Baltimore street and other
streets" Witness our hands and seals:
Witness 7. III Gardner, as to VIM. H. Travers,
T II. Gardner VIM De Goev
T. H. Gardner VIM s. BROWNING
T. II. Gardner '' Robert Cathcart
| State Of Maryland, City Of Baltimore Set
hereby certify that the fifth day of April A. d ls59
before the subscriber Justice of tim Peace of the
State of Maryland, in and for the CITY of Batmors
personally appeared VIM. H Travers VIM S. Browning
VIM DE Goey, Robert Cathcart and Joshua B. Sumwait
and acknowledged the aforegong Deed Indenue be
their respective act In testimony have hereto
sub scrbed my name as Justice of the aforesaid
GEORGE W SPIES, J. P.
Received for record April 7th 1852 at 9 O'Clock, A. NJ
Same DAY recorded and examined.
Ier GEORGE E. SANGsToN, Clerk.
| hereby certify that the aforegoing is true copy
taken from Liber G. E. s. No 16S folio 2l7 &C. one of
| ~ the Land Records of Baltimore CITY. In testi-
| sp.1 mony whereof / hereunto set my hand and
afhx the Seal of the Superior Court of Baltimore
| ~ city, ON this llth day of June, 1859.
| GEO. E. SANesToN, Cl'k.
In connexion with this arrangement, was in