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Session Laws, 1835
Volume 214, Page 36   View pdf image (33K)
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1835.

LAWS OF MARYLAND.

CHAP. 29.

corporations of this kind, and may be necessary to the

 

corporation herein and hereby constituted and erected,

 

to enable them duly and fully in the law, to execute all

 

things touching and concerning the design and intent

 

of the said corporation, for the benevolent succour,

 

relief and good order of its members and the widows

 

and orphans of deceased members of the said society.

 

agreeably to the constitution and such rules and by-

 

laws as may be established by the said society.

Banking forbid

SEC. 8. And be it enacted, That nothing in this act

 

shall be so construed as to authorise said corporation

 

to issue or put in circulation any negotiable note or

 

notes, or notes payable to hearer, or notes in the na-

 

ture of a bank note.

Individual respon-

SEC. 9. And be it enacted, That no member of the

sibility

said society, shall in his individual capacity, be an-

 

swerable for any losses, deficiencies or failures of the

 

joint fund of the said society, for any more or larger

 

sum or sums of money whatever, than the current

 

amount by him payable into the common fund of the

 

society.

Provisions for dis-

SEC. 10. And be it enacted, That if at any time it

solving

may be thought necessary to dissolve this society, a

 

proposition to that effect shall be laid on the table in

 

writing, at a stated meeting of the society, and may be

 

discussed at the next stated meeting, but shall not be

 

finally decided on until it has been four full months

 

before the society, and shall not take effect until three

 

fourths of the members residing in the city of Baltimore

 

are in favor thereof.

Limit to 1870

SEC. 11. And be it enacted, That this act shall be

 

and remain in full force until the first day of January,

 

one thousand eight hundred and seventy, and until the

 

end of the next session of the General Assembly which

 

shall happen thereafter.



 
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Session Laws, 1835
Volume 214, Page 36   View pdf image (33K)
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