The F&PL was authorized to raise $1 million ($ CURRENTISOYEAR =formatnum: ), in capital (at $50 per share, US$s, 1867) to construct a railroad of one or more sets of tracks (within a right of way of less than one hundred feet ( 100 feet ) in width) from Frederick, Maryland, through Frederick and Carroll counties to the Maryland and Pennsylvania line, in the direction of Littlestown, Pennsylvania.