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Session Laws, 1945
Volume 589, Page 35   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 35

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 9 of the Charter of The Mutual Fire Insur-
ance Company in Harford County, as said section was
amended by Chapter 333 of the Acts of the General Assem-
bly of Maryland of 1904, be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

9. The affairs of The Mutual Fire Insurance Company
in Harford County shall be managed by a President and a
Board of eighteen Directors, and said Directors shall be
elected by the members of the said Association from among
their own number, at the annual meeting on the first Mon-
day in February in each year, and said Directors shall
serve until the next annual meeting, or until their succes-
sors are elected; and ten of said Directors shall be residents
of Harford County and eight shall be residents of Baltimore
County; but the members shall have the right at any time
to reduce the number of Directors to any number not less
than five, of whom a majority shall be residents of Harford
County; any vacancy occurring in the Board of Directors
shall be filled by the remaining Directors until the next
annual meeting. The Directors shall, immediately after
the annual meeting, elect a President for the ensuing year,
and if at any time the office of President, shall become
vacant by reason of death, resignation or incapacity, the
Board of Directors shall elect his successor.

SEC. 2. And be it further enacted, That this Act shall
be submitted to the members of said Company at the next
annual meeting or at any special meeting thereof to be
called by the President of said Company, and if a majority
of the members present at said meeting shall give their
consent to this Act, then this Act so adopted by said mem-
bers shall take effect from and after the date of said
meeting, but if at said meeting a majority of the members
then present do not assent to this Act, then this Act shall
not take effect, but shall be null and void.

SEC. 3, And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the
immediate preservation of the public health and safety, and,
having been passed by a yea and nay vote, supported by three-
fifths of all the members ejected to each of the two Houses of
the General Assembly, the same shall take effect from the
the date of its passage.

Approved February 2, 1945.

 

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Session Laws, 1945
Volume 589, Page 35   View pdf image (33K)
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