986

LAWS OF MARYLAND.

countersign certificates of stock, bonds or other evidences of
indebtedness, and to receive and manage any sinking fund of
any corporation on such terms as may be agreed upon.

Publish notice
of annual
meetitigs.

SEC 15. And be it further enacted, That the ten days' notice
shall be given by publication in one or more newspapers pub-
lished in Baltimore City of the time and place of said annual
election, which annual election shall be conducted by three
stockholders to be selected by the body of stockholders, one
of whom shall be designated to act as judge, and the other
two as inspectors.

Dividends.

SEC. 16. And be it further enacted, That the directors shall
have power to declare such dividends of profits of the said
corporation as they may deem proper; provided, that no divi-
dend shall be declared, when the capital stock would be
impaired thereby.

Power to con-
solidate, make
insurance, etc.

SEC. 17. And be it enacted, That the said company shall
have power to make insurance of any kind, and to execute
and perfect all such instruments of writing as may be required
therefor, and shall also have power to consolidate with any
other company or corporation having like or similar powers,
upon such terms as may be agreed upon by the majority of
the stockholders of such company or corporation.

SEC. 17 A. Provided, that said corporation shall be subject
at all times to the provisions of the Acts of eighteen hundred
and ninety-two, Chapter 109 and 279, or amendments or sup-
plements thereto.

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

Approved April 19, 1900.

CHAPTER 625.
AN ACT to repeal Sections 265 and 271 of Article 22 of
the Code of Public Laws, title "Washington County," sub-
title "Justices of the Peace and Constables," and to re-enact
the same with amendments and to add new sections to
said Article 22, to be designated as Sections 265A, 265B,
265C, 265D, 265E, 265F, 2656, 265H, 265I and 265J.

Washington
County.
Justices of the
peace and
constables

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Sections 265 and 271 of Article 22 of the Code of
'Public Local Laws, title "Washington County," sub-title
"Justices of the Peace and Constables," be and the same are