THOMAS SWANN, ESQUIRE, GOVERNOR. 373
to fill said vacancies as often as they occur, and
the persons so appointed to fill vacancies shall
continue in office until the next regular election,
or until their successors are appointed; whenever
a director ceases to be a stockholder of the corpo-
ration, his office shall be deemed to be vacant, and
the vacancy shall be filled as hereinbefore pro-
vided; any three of said directors shall constitute
a quorum for the transaction of any business en-
trusted to said board of directors as aforesaid. |
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Sec. 5. And be it enacted. That it shall be lawful
for said company to exercise the privileges and
powers conferred upon it by this Act, in this or
any other of the United States, to establish the
necessary offices for the business of the company
wherever their business is located, and may by
their by-laws designate where the principal office
in this State shall be located, at which it shall be
lawful to hold the meetings of said corporation. |
Privileges to
be exercised in
any State. |
Sec. 6. And be it enacted, That this] Act shall
take effect from the date of its passage. |
In force. |
Sec. 7. And be it enacted, That the General As-
semby expressly reserves to itself the right to
alter, amend or repeal this charter at pleasure. |
Reservation. |
CHAPTER 198. |
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AN ACT to incorporate the President and Di-
rectors of the Empire Mutual Insurance Com-
pany of Baltimore, Maryland. |
Passed Mar.
7, 1867. |
SECTION 1. Be it enacted by the General Assembly
of Maryland, That L. W. Ridgley, F. Woodworth,
E. Rider, Jr. William Presstman, Kaufelt Woods,
William Akehurst, William Cayton, Francis
Hoover, Sr., Thomas W. Bevan, F. W. Bennett,
and Joseph Dorsey and their successors shall be
and they are hereby constituted and declared to be
a body politic and corporate, by the name and |
President and
Directors. |
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