774

LAWS OF MARYLAND.

CHAPTER 450.

AN ACT to repeal Section 1 and Section 12 of the Acts passed

at the January Session, 1900, Chapter 225, being "An Act

to incorporate the Consolidated Trust and Finance Company

of Maryland, and to change the name of said corporation

and the title thereof," and to enact the following in lieu of

Section 1 and Section 12 of said Acts.

SECTION 1 Be it enacted by the General Assembly of Mary-

Consolidated

land, That the title of said corporation shall be the Consoli-

Finance Com-
pany of

dated Finance Company of Maryland ; that Section 1 and Sec-

Maryland.

tion 12 of the Acts passed at the January Session, 1900, Chapter

225, to incorporate the Consolidated Trust and Finance Company

of Maryland, be and the same are hereby repealed and the fol-

lowing is enacted in lieu thereof, so as to make Section I and

Section 12 of the original Act read as follows:

1. That Charles H. Brown, Jr., Joseph H. Dawson, Arthur

Pue, H. Edg-eworth Frick and Chester F. Johnson, and the

Created a body

subscribers to the stock of the corporation hereby created, and

corporate.

their successors and assigns, be and they are hereby created

a body corporate by the name of the Consolidated Finance

Company of Maryland, and by that name shall have perpetual

succession, and shall be competent to sue and be sued in any

court of law or equity whatsoever, to have and to use a common

seal, and to alter the same at its pleasure, and to make and to

adopt a constitution and by-laws for the government of said

body corporate and its officers, agents and employees, and

from time to time amend the same ; provided such constitution,
by-laws or amendments thereto shall not conflict with the

Constitution and laws of this State or of the United States;

to elect or appoint directors and officers, and generally to do,

execute and , enforce all and singular such acts, contracts,

matters and things as may be necessary to carry out the objects

and purposes and to protect the interests of said body corpo-

rate, and to exercise the power or powers by this Act conferred

Location of

upon it. The office of said corporation shall be located in

office.

Baltimore City, Maryland.

Rights and

12. The corporation hereby incorporated shall have the right

powers.

and power to engage in building operations, construction of

buildings, and shall have the power to guarantee the contracts

of contractors for constructing same, and shall also have the

right of acquiring, operating and being agent for any steam-

ships, either foreign or domestic, and shall have the power to