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The Maryland Code Public General Laws, 1904
Volume 393, Page 557   View pdf image (33K)
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ART. 23] POWERS. 557

made a part thereof; and any corporation heretofore formed
under the provisions of this article for the creation or mainte-
nance of educational associations, universities, colleges, acade-
mies, cemetery companies, hospitals or asylums, the existence
of which, by the terms of its charter, is limited to a period of
forty years or less, is authorized to amend its charter, so as to
provide for perpetual existence.

1888, art. 23, sec. 48. 1868, ch. 471, sec. 43.

66. The usual fees for equal or similar services shall be
received by the respective clerks under this article, and all the
expenses of procuring the charter of incorporation and record-
ing the same shall be borne by the parties respectively apply-
ing therefor; and the date and fact of recording shall be
endorsed by the clerk on every original instrument.

Ibid. sec. 49. 1868, ch. 471, sec. 44.

57. Every corporation incorporated under this article shall
have the following powers and be subject to the following
general regulations, except in cases where the special pro-
visions relating to any particular corporation are inconsistent
with the said general regulations.

Davis v. West Saratoga Bldg. Union, 32 Md. 295

Ibid. sec. 50. 1868, ch. 471, sec. 45.

58. Any such corporation shall have power—
First. To have succession by its corporate name for the period
prescribed by law or by the certificate evidencing its incorpora-
tion where the said certificate is in accordance with law.

Ibid. sec. 51. 1868, ch. 471, sec. 46.

59. Second. To sue and be sued, complain and defend in
any court of law or equity.

Ibid. sec. 52. 1860, ch. 471, sec. 47.

60. Third. To make and use a common seal and alter the
same at pleasure.

Ibid. sec. 53. 1868, ch. 471, sec. 48. 1886, ch. 306.

61. Fourth. To acquire by purchase or in any other manner,
and take, receive, hold, use, employ, manage, mortgage, dis-
pose of, or in any manner not inconsistent with law, deal
with any property, real, personal or mixed, and situate in or


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 557   View pdf image (33K)
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