1815.
CHAP. 221.
Passed Jan 29 1816
* Nov 1812, ch 180 |
LAWS OF MARYLAND.
CHAP. CCXXI.
A Supplement to the act*, entitled, An act incorporating the City
Bank
of Baltimore. Lib. TH. No. 5, fol. 118. |
Dividends to be
declared half-yearly |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
from and after the passage of this act all dividends in the City Bank
of Baltimore shall be semi-annually declared in the months of
March and September, and be made payable in the months of April
and October. |
Thirteen directors
of old board only
to be re-elected. |
2. AND BE IT ENACTED, That hereafter thirteen
members of
the old board, and no more, shall be eligible to a seat as directors
of the City Bank at each next succeeding election. |
Repeal. |
3. AND BE IT ENACTED, That every part of the
original charter
of the City Bank that is inconsistent herewith, shall be and the
same is hereby repealed. |
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Passed Jan. 29 1816.
† 1802, ch. 111 |
CHAP. CCXXII.
A Supplement to the act †, entitled, An act to incorporate
certain Persons
in every Christian Church or Congregation in
this State. Lib.
TH. No. 5, fol. 118. |
Every christian society
incorporated
—rights and privileges
Proviso. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
every christian church or society or congregation, that is now or
shall hereafter be incorporated in virtue of the act, entitled, An
act to incorporate certain persons in every christian church or congregation
in this state, passed at November session eighteen hundred
and two, to which this is a supplement, and their successors,
shall and may have perpetual succession, and shall and may at all
times hereafter be persons able and capable in law to purchase, take
and hold, to them and their successors, in fee, or for any less estate
or estates, any lands, tenements, hereditaments, rents or annuities,
within this state, by the gift, bargain, sale or devise, of any person
or persons, bodies politic and corporate, capable of making the same,
and such lands, tenements or hereditaments, to rent or lease in such
a manner as they may judge most conducive to the interest of their
respective churches, societies or congregations; and also to take and
receive any sum or sums of money, and any kinds of goods and chattels
which may or shall be given, sold or bequeathed unto them, by
any person or persons, bodies politic or corporate, capable to make
a gift, sale or bequest thereof, and to apply the same for the use of
their respective churches, societies or congregations, as effectually
as the same could be applied by the vestry of the Protestant Episcopal
church of this state, to their respective parishes, in virtue of
the act passed at November session seventeen hundred and ninety-eight,
chapter twenty-four; Provided, that the clear yearly value of
the estate of any church, society or congregation, (exclusive of the
rents of pews, collections in churches, funeral charges, and the like,)
shall not exceed the clear yearly value allowed to any vestry of the
Protestant Episcopal church of this state, in virtue of the act of
seventeen hundred and ninety-eight, chapter twenty-four, aforesaid. |
Repeal. |
2. AND BE IT ENACTED, That so much of the
original act to
which this is a supplement, as is repugnant to, or inconsistent with,
this act, be and the same is hereby repealed. |
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