86 CORPORATIONS. [ART. 28

a majority of the members of each of the corporations forming
such union shall assent thereto; such union or consolidation shall
be made upon such terms and conditions and shall have such
name as shall be agreed upon by the said corporations forming
such union; a certificate of such union or consolidation and the
particulars thereof, shall be executed by the said corporations
and be acknowledged and recorded as other certificates of incor-
poration are in this article directed to be acknowledged and
recorded, and thereupon all the property and assets belonging to
said former separate corporation, and all their powers and rights
and all the debts and liabilities of said former separate corpora-
tions, shall be devolved upon said new consolidated corporation;
and every devise and bequest in favor of either of the former
separate corporations, which it would have been capable of taking,
shall devolve upon said new consolidated corporation, which shall
be regarded as substituted by operation of law in the place and
stead of said former separate corporations.

General Regulations.

1890, ch. 339. 1892, ch. 39. 1894, ch. 557.

42. —3. The object or purposes for which incorporation
is sought, the time of its existence not to exceed forty years, and
the articles, conditions and provisions under which the incorpor-
ation is formed; provided, that the limitation as to the duration
of the existence of corporations formed under this article shall
not apply to gas light companies, cemetery companies, or to cor-
porations formed for the creation or maintenance of educational
associations, universities, colleges, academies, hospitals or asylums,
and that certificates of incorporation of all corporations named
in the proviso may contain provisions for perpetual existence.
Order Int. Frat. All. v. State, 77 Md. 561.

Ibid.

47. If any alteration or amendment of the articles or provis-
ions of the charter of any said corporations shall be made by
the authority of the corporations, such alterations or amend-
ments shall be made known, acknowledged and recorded in the
same manner as prescribed in sections forty-two, forty-three and
forty-four of this article, and after the said alteration or amend-
ment shall be recorded, the same shall be taken to be a part of