The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1871-09-16

MARYLAND CENTRAL RAILRoAD-A SToCK SUB
sCaipTlON ASKED FoR.-In the first branch of the
city council of Baltimore, on Wednesday, Mr..
Berry presen ed a memorial mom Mr.. GIlmor,
president Of the Maryland Genital Railroad,
stating ''Tnat in -esponse TO an application rom
said road. the CIV council of Baltimore al its
session las yea, provided eef END aid 20 TIE
MAJ Wand Ce1ual Raill oad 5v autlo iz.ng al en-
dorsemelt of the bonds Of said company % The
amoa 1t Of 5000 900 that said COMPANY have not
awaited Of such legislation, ont desire in lieu
thereof that leleal of said o: dipance may De
bad and al ordinance enacted similar 10 its pro-
visions to the one nassed in aid Of the VALLEY road
of Virginia, whe coy the city Of Baltimore shall
become a subscribe: TO The stock of said Mary
land Central Rail- Dad to the exrent of $3.50, 900,
upon &c ain conditions guarding and projecting
the ciles interest," as set forth in the opposed or
dnaace, which youf memorialist paws NAV be
passed.
''The advantages and uecessity for the con-
stracion of ,ee proposed DAD hom tie civ of
Baltimore uy ne wav o. Long G-ee3 ADD Dulanev's
Fallev 10 tie Susquehsraa iver, we very fell"
Sc; fot;h aud app. eciated when this Subject was
under your conside alton year ago, as shown
by the una aimous vote given 10 aid it. The
couatly through which the . opposed road will
pass IS one OF ne most All active, productive and
healthfa in the Sac; now, it is true, ihaccessi-
Die, and therefore unknow1 to many, but need
ing onlv the inc eased facilities to market which
this road would give it to enable it to throw its
rich Productions ilto he Baltimore markets.
-ssYouf memoralis,s aye zealouslv in earnest in
the wo,k llev have undertaken they represent
in good part YOUR own citizens, and all OF them
are citizens of the Sac. They therefore very
confidently Invoke The necessa. Y aid now asked
for, believing that the wise aud comprehensive
split which has gene ously ioduced you TO aid
libe ally evel o.eign oads will De freely extend
ed to home enterprise, and The construction OF
a road eve. V one OF whose wo. kshops and every
mite of which is withi1 The State, ard which
when constructed will, it is believed, materially
add 10 the wealth of The SAFE and city"
The ordinance provides that The city subscribe
$3.50. 900 Of the stock o. the company, and from
time to line as NAV Ue required or the purpose
of naviug such subsc ipion, tie register is to
issue the bonds of the civ, the proceeds of the
sale Of sJcn bonds to oe used 70 pay the quotas
of said civ subscription rs The same mag be call
ed fot, sid boads 10 be issued in sums not less
than 500 each, bearing six per cent. interest,
PAYABLE qua.Ie.lv, a1d tIans'e I aole as other
CITY bonds are; p ov ded that no payment shall
be made on sdch subscription until the ailroad
compaay shall satisfy The commissions. Of finance
that it has secu ed Sufficient means by stock sub
scripton or otherwise, together with The amount
subscribed BY the clts, to insure the completion
of the DAD The MAYOR aud city council are to
appoint fou; diiecio in the road, aad no sub
scriDtons re 10 be made loI said debt contracted
until the same be au,ho ICED Oy an act oS the
General Assembly, nor until The ordinance shall
have been approved 5v the voters Of The city
The commissions OF finance a.e required, before
delivering any Of The bonds to the compa0v, 10
obtain ON said company duly certified copy
Of contract elte ed i9Io bv tIe railroad CON-
pany foe the cons. nclion snd completion OF the
road, and that The cont ACT saall De examined
and app oged by the cily solicitor. Ii is further
provided that the Shows Of the company shall be
placed in OF adjace1, to the city of Baltimore
The memorial and ordinance were referred to the
committee on ways and means.