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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3563   View pdf image (33K)
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704

LAWS OF MARYLAND.

Repealed

SECTION 1. Be it enacted by the General Assembly of

 

Maryland, That chapter thirteen, of the acts of As-

 

sembly, passed January session, eighteen hundred

 

and fifty-eight, entitled, " an act amendatory of the

 

act of Assembly, passed at December session, eigh-

 

teen hundred and thirty-four, chapter eighty-seven,

 

entitled an act to incorporate the Trustees of the Ed-

 

ucation Fund of the Baltimore Annual Conference,"

 

be and the same is hereby repealed, and the follow-

 

ing enacted in lieu thereof:

Re-enacted

SEC. 2. And be it enacted, That the second section,

 

of the act of eighteen hundred and thirty-four, chap-

 

ter eighty-seven, be re-enacted so as to read as fol-

 

lows:

 

2. It shall and may be lawful for said corporation

May be lawful
to hold

to have and to hold the said funds, whether the same

 

shall be in money or other property, real or person-

 

al, or means now or hereafter raised and provided

 

as afores'aid, or given by devise or bequest, and such

 

other moneys and means as may hereafter be paid

 

or transferred with the sanction of said Baltimore An-

 

nual Conference to said corporation; and it shall be

 

the duty of said corporation, and they are hereby

 

authorized to in vest, in stock or securities, or in loans,

May lay out

and to lay out, as to said corporation may appear

 

most expedient, the said funds, money and means,

 

so that the same may produce a certain and period-

 

ical income ; which said income, after deducting all

 

necessary expenses, shall be paid over to the Trustees

 

of Dickenson College aforesaid, by said corporation,

 

for the support, conduct and uses of that institution,

 

and the same shall be received as long as said college

 

shall be under the direction and auspices of said

 

Baltimore Annual Conference.

Re-enacted.

SEC. 3. And be it enacted, That the fifth section of

 

the act of eighteen hundred and thirty four, chapter

 

eighty-seven, be re-enacted so as to read as follows :

Vacancies.

5. Any vacancy or vacancies occurring in saidboard
of trustees, shall be filled by the appointment of said

 

Baltimore Annual Conference, and in the recess

 

thereof, to be supplied by the board of trustees,

 

subject to confirmation by the ensuing annual con-

 

ference, whether such vacancy occur by death,



 
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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3563   View pdf image (33K)
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