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ART. 23] POWEBS. 539
visions relating to any particular classes of corporations are inconsistent
herewith:
(1) To have perpetual succession by its corporate name.
(2) To sue and be sued, complain and defend in all courts.
(3) To make and use a common seal and alter the same at pleasure.
(4) To transact its business, carry on its operations within or with-
out this State, and to exercise in any other State, territory, district or
possession of the United States, or in any foreign country, so far as
the laws thereof permit, the powers granted by this article.
(5) To make contracts, incur liabilities, and borrow money; and to
issue bonds and secure the same by mortgage or deed of trust of its
property, franchises and income; provided such issue is authorized at
any meeting duly warned, as provided for in sections 15 or 16 of this
article, by the affirmative vote of a majority of all its members or a
majority of all its stock (or if two or more classes of stock have been
issued, of a majority of each class) outstanding and entitled to vote.
(6) Subject to the provisions of article 38 of the Declaration of
Rights, to acquire by purchase or in any other manner, and to take,
receive, hold, use and employ, sell, mortgage, lease, dispose of and other-
wise deal with any property, real or personal, including the shares,
bonds and securities of other corporations, situated in or out of this
State, which may be appropriate to enable it to carry on the operations
or fulfil the purposes named in the certificate of incorporation.
(7) To have such officers and agents as the business of the corpora-
tion may require.
(8) To make by-laws not inconsistent with law for regulating the
government of the corporation and for the administration of its affairs.
(9) Generally to exercise the powers set forth in the certificate of
incorporation and those herein enumerated and also to do every other
act or thing not inconsistent with law which may be appropriate to pro-
mote and attain the objects and purposes for which the corporation was
formed.
Where a corporation has power to hold land for some purposes or to a
limited extent, its right to take and hold any particular land is a matter
which can be called in question only in a direct proceeding instituted by the
State. Hagerstown Mfg. Co. v. Keedy, 91 Md. 438.
A club held to be entitled to increase its membership by virtue of the act
of 1868, ch. 471, section 48 (section 61, code 1904), analogous in part to sub-
division (9) of this section. Chesapeake Club v. State, 63 Md. 463 (separate
opinion).
An agreement by an inmate to transfer all of his property to a home for
the aged, upheld, under the act of 1868, ch. 471, section 48 (section 61, code
1904), analogous in part to sub-division (9) of this section General German
Home v. Hammerbeck, 64 Md. 604.
Sections 57 to 63 of the code of 1904, referred to in deciding that a build-
ing association was liable on a note discounted for the purpose of raising
money to pay a borrower the amount advanced to him. Davis v. West Sara-
toga Building Union, 32 Md. 294.
Section 63 of the code of 1904 (analogous in part to sub-division (8) of
this section), cited but not construed in Frank v. Morrison, 55 Md. 406.
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