42

LAWS OF MARYLAND.

next thereafter, for the purpose of winding up its

affairs and the proper application and distribution

of its assets, and for which they may exercise all the

corporate powers heretofore granted to said corpora-

tion with full power to collect all debts due to it by

Power to col-

suit or otherwise, and in like manner, from time to

lect debts due

time, to do all other corporate acts necessary for the

distribution of all its outstanding assets.

SEC. 2. And be it enacted, That such winding up,

and all other matters appertaining to such corpora-

tion, shall be ordered and directed by the Board of

How to wind

Directors, hereafter annually to be chosen by the

up.

stockholders, in accordance with the requirements

of the charter as it now exists, and such other laws

of the State of Maryland, since enacted that may be

applicable thereto, who shall bring the affairs of said

corporation to a close, and in case of the death or

resignation of any director, the remaining directors

shall fill all vacancies.

Effective.

SEC. 3. And be it enacted, That this act shall take

effect from the date of its passage.

Approved March 15, 1880.

CHAPTER 30.

AN ACT to declare the sanction of the General

Assembly of Maryland to the bequest of Archi-

bald Chisholm, late of Garrett county, deceased,

to the Board of Foreign Missions of the Presby-

terian church of the United States of America.

Preamble.

WHEREAS Archibald Chisholm, late of Garrett

county, deceased, by his last will and testament,

duly executed, admitted to probate in the office of

the Register of Wills for Garrett county aforesaid,

devised and bequeathed certain property therein

mentioned to the Board of Foreign Missions of the