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Session Laws, 1845
Volume 610, Page 23   View pdf image
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1845.

LAWS OF MARYLAND.

CHAP. 29.

Hold real and
personal estate
not exceeding
$10, 000.

SEC. 3. Be it further enacted, That the said corpora-
tion shall be capable of taking and holding real and per-
sonal estate, not exceeding in the whole ten thousand
dollars, which estate shall never be divided among the
members of the corporation, but shall descend to their
successors, subject to the payment of just debts, to be
incurred by said corporation.

First meeting.

SEC 4. And be it enacted, That Henry Scheib shall
have power to call the first meeting of said corporation,
by appointing a lime and place therefor, and giving writ-
ten notice thereof to the other persons named and incor-
porated by this act, at least three days before such time,
of such meeting.

Issues forbid.

SEC. 5. And be it enacted. That nothing in this act be
construed so as to authorise the said corporation to is-
sue any note, token, device, scrip or other evidence of
debt, to be used as currency.

Endure thirty
years.

Right reserv-
ed.

SEC. 6. And be it enacted, That this act of incorpora-
tion shall endure for thirty years from its passage, and
that the legislature reserves to itself the right to alter or
annul this act of incorporation at pleasure.

CHAPTER 29.

Passed Jan.
21, 1846.

Preamble.

An act to incorporate the Maryland Farmers' Club.

WHEREAS, Sundry citizens of Maryland have asso-
ciated for the purpose of collecting, preserving and dif-
fusing information relating to the agriculture of this
State, and have applied to the General Assembly to
incorporate said association.

Incorporated.

SECTION I. Be it therefore enacted by the General As-
sembly of Maryland, That such persons as have associated
and shall associate, and their successors, be and they are
hereby constituted and created a body politic and cor-
porate, by the name of the Maryland Farmers' Club,
and by that name shall have perpetual succession with

Corporal
powers.

all the faculties and liabilities of a corporation, and may,
for, and to promote the declared objects aforesaid of said
association, acquire and hold, and at pleasure alienate
chattels and real estate, and may acquire the same by

Proviso.

devise or bequest or otherwise; provided, that the value
of such acquisitions, at any one time held, shall not ex-
ceed fifty thousand dollars, and may have and use, and,



 
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Session Laws, 1845
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