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Session Laws, 1904
Volume 209, Page 246   View pdf image
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246

LAWS OF MARYLAND.

 

adopt such rules, regulations and by-laws for the management

Management
of its affairs.

of the affairs of said corporation, as they shall deem advan-

 

tageous to the interests thereof; provided, that the same be

 

not contrary to the law of the land.

 

15. That the General Assembly reserves the right to repeal,

Legislature's
right.

alter or amend this Act at its pleasure; provided, that said

 

corporation shall be subject at all times to the provisions of

 

the Acts of 1892, Chapters 109 and 279, or amendments or

 

supplements thereto.

 

16. That the stockholders of the said Annapolis Banking

Liability on
shares.

and Trust Company shall be liable to the amount of their re-

 

spective share or shares of stock in said company for all its

 

debts and liabilities upon notes, bills or otherwise.

 

SEC. 2. And be it enacted, That this Act shall take effect

 

from the date of its passage.

 

Approved March 25, 1904.

 

CHAPTER 141.

 

AN ACT to provide for the dissolution of the Maryland Me-

 

chanical and Agricultural Association, incorporated by Act

 

of 1867, Chapter 128, as supplemented by the Act of 1870,

 

Chapter 89, and as supplemented by the Act of 1886, Chap-

 

ter 123, and as further supplemented by the Act of 1890,

 

Chapter 73 ; and further to provide for the sale of the land

 

and improvements thereon, belonging to the said associa-

 

tion, and to make division of the proceeds of sale among the

 

parties entitled thereto.

 

WHEREAS, The Maryland Mechanical and Agricultural As-

Maryland

sociation was incorporated by Chapter 128 of the Act of 1867

Mechanical
and Agricul-

of the General Assembly of Maryland, and certain persons

tural Asso-

were named therein as incorporators, and were also appointed

ciation.

trustees for the purposes of the said Act, and the sum of

 

twenty-five thousand dollars was appropriated by the State,

 

to be expended by them for the purchase of ground for the

 

use of said association ; provided, nevertheless, that should

 

the association at any time dissolve, the said trustees or their

 

successors, should convey the land so purchased, together with

 

all improvements thereon made free of all incumbrances, to

 

the State of Maryland ; and provided, also, if said association

 

should hold no exhibitions on said land for three successive

 

years, the said land should be so as aforesaid conveyed to the

 

State; and



 
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Session Laws, 1904
Volume 209, Page 246   View pdf image
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