THOMAS SWANN, ESQUIRE, GOVERNOR. 115
CHAPTER 83. |
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Entitled, AN ACT to incorporate the President
and Directors of the Chesapeake Mutual Insur-
ance Company of Baltimore, Maryland. |
Passed Feb.
27,1867. |
SECTION 1. Be it enacted by the General Assembly
of Maryland, That C. P. Montague, C. H. Nico-
lai, Joseph Price, Dr. W. H. Keener, Robert R.
Kirkland, William L. Montague, Jr., R. Newton
Waters, George W. Herring, James W. Hewlett,
John H. Fowler, T. J. Taylor, B. F. Cator,
Henry Moale, William D. Shurtz, J. B. H. Tur-
ner, Thomas Goodwin, Howard Heald, Leonard
Passano, James Cortland, Jr., R. H. Mitchell,
T. J. Magruder, John Miller, Lambert Hopkins,
Charles J. Stewart, Thomas M. Johnson, Freder-
ick S. Turner, Thomas H. Mules, George G. Pres-
bury, Jr., Israel M. Parr, Edward Neiman, Ste-
phen Bonsal, D. Sprigg Hall, P. P. Clements, Dr.
Charles O'Donovan and William W. Orndorff
and their successors shall be and they are hereby
constituted and declared to be a body politic and
corporate by the name and style of the President
and Directors of the Chesapeake Mutual Insurance
Company of Baltimore, Maryland, and by that
name shall have perpetual succession and becapa-
ble in law to sue and be sued, plead and be im-
pleaded, answer and be answered, defend and be
defended in all Courts of Law and Equity or else-
where, to make and use a common seal and the
same to alter or renew at pleasure, and to do any
and perform all things relative to the objects of
this corporation which now or may be lawful for
any individual or body corporate to do. |
Incorporated
power and pri-
vileges. |
Sec. 2. And be it enacted, That the capital stock
of this company shall be one hundred thousand
dollars and to be divided into shares often dollars
each, which may be increased to five hundred
thousand dollars at any time when a majority of
the stockholders shall deem it advisable at a meet-
ing held for that purpose, and it shall be the
duty of said President and Directors to give at
least ten days notice, in not less than two of the |
Capital Stock
limited. |
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