1156

LAWS OF MARYLAND.

Christian C. Krill, J. Slone Hoskins, Milton H. Wagoner,
Emil Budnitz, Thomas F. McHugh, David Weisenfeld, James
Webb, James J. Lacey Michael Sheehan, S. T. Hamilton,
Bushrod M. Watts, John Hubner, Harry Arnold, Matthew
Keifer, Charles H. Knapp, S. B. Shinn, Barreda Turner,
Max Ways, George W. Rife, Harry S. Cox, J. W. Albaugh,
Henry W. Mears, J. Reese Pitcher, and their associates, suc-
cessors and assigns, be and they are hereby created and made
a body corporate under and by the name and style of the
"Baltimore Elks Exposition and Social Session Association,"

Manner of
conducting
business.

and by that name shall have perpetual succession, and shall
be capable to sue and be sued, complain and defend, in any
court of law or equity, to make and use a common seal, and
alter the same at pleasure, to receive and make deeds and
contracts, to borrow money in such sums and at such times
and on such terms as it may deem necessary for the proper
transaction of the business hereby authorized, and to issue
and to dispose of its bonds or other evidences of indebtedness
for any amount or amounts so borrowed, not exceeding its
authorized capital stock; and to mortgage its corporate prop-
erty and franchises to secure the payment of any indebtedness
so contracted by it; it shall have power to receive for payment
for any subscription to its capital stock any property necessary
or convenient for its purposes, at such price as may be agreed
upon between the owner therof and the directors of this asso-
ciation; to acquire by purchase or any manner, take, receive,
hold, use, employ, manage, mortgage, dispose of in any
manner not inconsistent with law; deal with any property,
real, personal or mixed, and situate in or out of the State,
which may be necessary or proper to enable said corporation
to carry on its operations or fulfill the purposes named in this
Act; and generally to do every other thing or act, not incon-
sistent with law, which may be necessary or proper to pro-
mote the objects, designs and purposes for which this corpora-
tion is formed, which are declared to be for the purpose of
raising a fund for the charitable and benevolent objects of the
Elks, in the said City of Baltimore, in the State of Maryland,
in the year nineteen hundred.

Capital stock
with privilege
to increase.

SEC. 2. And be it enacted, That the capital stock of said
corporation shall be twenty-five thousand dollars, divided
into five thousand shares of five dollars each, which said cap-
ital stock may be increased by the directors to be elected as
hereinafter provided for, to ah amount not exceeding one
hundred thousand dollars.