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Session Laws, 1900
Volume 97, Page 502   View pdf image (33K)
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502

LAWS OF MARYLAND.

dispose of said stocks, money and property in such manner
not contrary to law as may appear most advantageous to the
said corporation, and to take, have, hold and enjoy all such
estates, real, personal and mixed, as may be obtained by the
investment of the capital of the said corporation, and all
moneys or funds that may come into their possession in the
course of their dealing and business, and the same to sell,
grant, mortgage, lease and dispose of at pleasure, and to
execute, acknowledge and deliver all deeds and other instru-
ments of writing concerning the same; provided, however, that
the said corporation shall make no investment or disposition
of any money or property deposited with or held by it under
the order or decree of any court without the authority of
such court first had and obtained.

SEC. 15. And be it enacted, That all laws or parts of laws
inconsistent with the provisions of this Act be and the same
are hereby repealed, so far as the corporation hereby created
is concerned; provided, that said corporation shall be subject
at all times to the provisions of the Act of eighteen hundred
and ninety-two, Chapters 109 and 279.

SEC. 16. And be it enacted, That the General Assembly of
Maryland reserves the right to repeal, alter or annul this Act
at its pleasure.

Liability of
stockholders.

SEC. 17. And be it further enacted, That the stockholders of
said company shall be liable to the amount of their respective
share or shares of stock in said company for all its debts and
liabilities upon note, bill or otherwise.

SEC. 18. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved April 5, 1900.

CHAPTER 332.

AN ACT to regulate the compensation of the County Commis-
sioners of Allegany County, and to repeal all laws incon-
sistent herewith as follows :

Commission'rs
of Allegany
County.
Compensation

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the County Commissioners of Allegany County,
now in office, and those hereafter elected to said office, shall
meet as often as they may deem necessary, and they shall re-
ceive as compensation for such services the sum of four hun-
dred dollars per annum, and shall not be engaged for a period



 
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Session Laws, 1900
Volume 97, Page 502   View pdf image (33K)
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