The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1869-07-22
Western Maryland Railroad.


Obodient to legal notice given in the pub.
lie prints, meeting Of the stockholders of
the Western Maryland Railroad WAS held at
the oompauy's rooms, North street, on
Monday. the 18th instant, for the purpose
of voting upon and determining whether or
.linot, as required by the compauys charter,
10 accept the ordinance recently assed by
tdfhe CITY Councilof Baltimore, andapproyed
by Mayor Banks, authorizing the raising of
one million of dollars by means of the h, po-
fhecation of such numbers of shares of the
canital stock Of the Baltimore and OHIO
Railroad Company owned by the Mayor
and City Council as might be necessary for
n the purpose of extending the ROAD to Viii
Transport, Maryland.
The meeting assembled at IL o'clock, and
was called to order by Mayor Banks. W o
nominated Captain Robert Irwin as Prcsi
s dent, which was unanimously agreed to-
John Wills. Esq, was appointed Secretary.
a Capt. Irwin, on taking the char, stated
"a briefly the object Of the meeting lie was
5. confident every stakeholder present fully
e understood the Importance OF the matter IN
a question, and that they would readily aud
8 willingly cast their votes in favor of the nc
ceptance of the ordinance. 1t was but prop
or they should heartily respond to aud nc.
bestowed. in aid Of so important an enter.
prise as the Western Mary land railroad in
which the people of the western portion of
our State and of baltimore city were SO
deeply interested. lie advised them to vote
freely, dcterminately. regardless entirely OF
the proceedings recently instituted by a few
persons to enjOin the city from applying the
money as designed by the ordnance. lie
n also spoke hopefully Of the ultimate result,
ard felt that the few enemies and opponents
of this work would in time regret the course
they had pursued in thus opposing an i'm.
proyement the completion OF which was so
generally desired and had received such
prompt, earnest encouragement from the
( Mayor and City Council.
The following preamble and resolution,
offered by W. A. Fisher, Esq. was read
and unanimously adopted;
WHEREAS by the sixth section of an ordi.
nance Of the Mayor and City Council Of Bati-
more, entitled An ordinance for raising the
sum Of one million of dollars by the Mayor aud
City Council Of Baltimore, BY means " the
hypothecation of such number OF shares Of the
capital stock Of the Baltimore and Ohio Rail-
road Company owned BY the Mayor and City
Council OF Baltimore as may be necessary Tor
that purpose, and for Investment OF said sum
OF money In the bonds Of the Western Mary
land Railroad Company, to be secured by
mortgage, next in priority after the mortgages
already executed by said company and thnt
the faith o. the company should be pledged for
the application for the amendment OF the char
ter so as TO give additional directors to the
city:
'Be IL Rssolpsd, That the terms Of the said
ordinance accepted by the stockholders of
the said company, and that the faith of the
company is hereby pledged that at the next
session Of the General Assembly OF Maryland
the company will apply for such modification
OF its charter as will give 10 the Mayor and
City Council Baltimore the appointment of
such additional number Of directors as will
give 70 j a majority of three members in the
board of directors"
Upon motion the meeting proceeded 10
ballot, whereupon it was ascertaincd there
were represented 1910 shares OF the capital
stock, being within 4,5l6 Of the entire stock
of the company. The vote was unanimous
IN favor OF accepting the ordinance, and SO
declared by the president.
VIM. A. Fisher, counsel of the company.
beng requested to give some information in
regard to the pending injunction, stated
that "in pursuance of an arrangement had
between the counsel, representing the com.
plainants and those representing the de.
tendant. Geo. NJ, Gill, Esq, on the part Of
the compliments, and himself ON the part
of the defendant, he had called on Chief Jus
tiee Bartol AZ his residence, explained to
him the importance OF ON early determine.
ton OF the controversy in reference to the
validity OF the ordinance, and told him that
they wished TO make an application for the
hearing Of the case during the summer, and
nssoon as possible. He fully appreciated
the importance of an early hearing, and ex
pressed his wish to contribute to 1t as much
as possible. He suggested that it was best
to make written application, with copies
to be sent to the absent judges. According
ly the application vas made in writing, and
signed by Mr.. Fisher, for his colleagues,
and by Mr.. Gill for the conplsinants. He
had seen Col. Norris, the city counsellor,
who approved of it, but had been unable TO
lind Mr.. Morrison, the city solicitor, but
did not hesitate to act for him, as he knew
he would coincide. There was no quorum
OF the Court ofAppeals present until Satur.
DAY, when the judges present considered
the matter, but found that it would be i'm
possible to get the judges together before
the fall term, and IL was desirable il should
be heard before full bench. The clerk
was notified to inform US OF the action OF
the court, and the case should be made the
first for hearing at the October term
At the conclusion of Mr.. Fishers re-
marks, Mayor Banks rose and stated that
the city Of Baltimore was ready to pay the
interest on all the bonds of the Western
Maryland Railroad Company endorsed by
the Mayor and City Council.
IL was also announced by one of the com
missloners OF Washington county that said
county was, or very soon would be prepared
topay the interest due on all the bonds
endorsed by 20 commissioners of Washing
ton county There being no further bust
ness TO transact, the meeting adjourned
sine die