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rc hi ve s  of  M ar yl an d
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 243

between them and any other persons thereto consenting, which may arise in the course of business.

SEC. 6. And be it enacted, That said corporation shall have the power to assess upon its members such amount of money for the privilege of membership, and such initiation fees as the by-laws may prescribe, and as it may from time to time deem proper for the maintenance and permanent welfare and support of the said. Baltimore Stock Exchange; the board of directors shall have the power of inflicting fines upon any of the members for a breach of its rules, regulations or by-laws, and to collect the same or any other dues, by action of debt before a justice of the peace, in the name of the corporation, but no tine to exceed ten dollars.

Power to assess.

SEC. 7. And be it enacted, That it shall be lawful for the said board of directors, when they shall think proper to receive and require of any of their officers good and sufficient bonds for the faithful discharge of their duties and trust, and any justice of the peace of the City of Baltimore, is hereby authorized to administer such oath of office as may be prescribed in the rules of said organization, said bond may be sued upon before any proper court in the name of the corporation, and the moneys collected and held for the use of the same.

Require bond.

SEC. 8. And be it enacted, That this act shall take effect immediately from and after its passage, the General Assembly reserving to itself the right to alter, amend or repeal the same at pleasure.

Approved March 25, 1876.

In force.



 

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