ART. 23] BUILDING ASSOCIATIONS. 599

exemption from taxation granted them by this section. Faust v. Twenty-
third, etc., Bldg. Assn., 84 Md. 189.

Prior to the act of 1904, ch. 239 (see section 142), the exemption from taxa-
tion granted by this section only applied to building associations incorporated
under the general law. Method of taxing the stock of an association whose
charter was granted under the general law, but amended by a special act,
Saulsbury Assn. v. Wicomico County, 86 Md. 619.

This section referred to in construing section 124—see notes thereto. Com-
mercial Assn. v. Mackenzie, 85 Md. 142.

This section referred to in construing section 137—see notes thereto.
White v. Williams, 90 Md. 723; Commercial Assn. v. Mackenzie, 85 Md. 142.

This section referred to in construing various general assessment acts.
Appeal Tax Court v. Rice, 50 Md. 314.

For a case involving section 36 of article 26 of the code of 1860, see Shan-
non v. Howard, etc., Bldg. Assn., 36 Md. 394.

Cited but not construed in Baltimore Bldg. Assn. v. Powhatan Co., 87 Md.
64; International Fraternal Alliance v. State, 86 Md. 554; Middle States Go.
v. Hagerstown Mattress Co., 82 Md. 513.

See notes to sec. 137.

As to exemptions from taxation, see also, art. 81, sec. 4. And see art. 81,
sec. 211.

1904, art. 23, sec. 127. 1888, art. 23, sec. 100. 1868, ch. 471, sec. 89.

139. On the trial of any action or other proceeding at law or in
equity, in which the property or interest of any such corporation may be
in any wise concerned, any member of such corporation shall be a com-
petent witness, and shall not be objected to on account of any interest
he may have as such member, in the result of any such action or pro-
ceeding.

This section referred to in construing section 137—see notes thereto. Wil-
liar v. Baltimore, etc., Loan Assn., 45 Md. 562.

Cited but not construed in Baltimore Bldg. Assn. v. Powhatan Co., 87 Md.
64; International Fraternal Alliance v. State, 86 Md. 554; Faust v. Twenty-
third, etc., Bldg. Assn., 84 Md. 190.

See art. 35, sec. 1.

Ibid. sec. 128. 1888, art. 23, sec. 101. 1868, ch. 471, sec. 90.

140. Any association of persons which may have been organized
or established at any time prior to the adoption of this article, on being
made a body corporate, under the provisions of this article, shall become
merged in such corporate body thereby created; and every act done or
to be done by any such unincorporated association of persons, relating
to the ends and purposes of such association, and all mortgages, bonds
or other instruments, made to such association of persons, or to any
person or person to or for the use of such association of persons, or any
member thereof as such, shall remain and continue in full force and
virtue at law and in equity, in like manner as if such incorporated asso-
ciation of persons had originally been a body corporate.

This section referred to in construing section 137—see notes thereto. Wil-

liar v. Baltimore, etc., Loan Assn., 45 Md. 562.

Cited but not construed in Baltimore Bldg. Assn. v. Powhatan Co., 87

Md. 64; International Fraternal Alliance v. State. 86 Md. 554; Faust v.

Twenty-third, etc., Bldg. Assn.. 84 Md. 190.

Ibid. sec. 129. 18888, art. 23, sec. 102. 1868, ch. 471, sec. 91.

141. Any trustee or trustees, person or persons, to whom any such
conveyvances shall have been made to and for the use of such incor-