FRANK BROWN, ESQUIRE, GOVERNOR.

121

dent and all such other officers, agents and servants for the

corporation as they may see fit, and fix their compensation

and regulate their tenure of office and may in their discre-

tion require of them bond for the faithful performance of

their duties.

SEC. 5. And be it enacted, That the principal office of the

company shall be located in the city of Baltimore, but the

operations of the corporation may be carried on in this State

and elsewhere, and the said corporation shall have power to

Principal
office.

conduct and carry on a general hardware business either

power, &c

retail or wholesale, or both, to the same extent, with like

powers, and in the same manner as a natural person could

do, and may take, receive, hold, buy, sell, barter and other-

wise deal in manufacture or unmanufactured articles of

merchandise, and whether patented or unpatented, and may

acquire and dispose of any rights in, to or under letters

patent appropriate for the conduct of said business, and the

said corporation may also, in its discretion manufacture any

articles proper to be dealt in by it, and it shall also have

power to acquire, hold and sell, lease, mortgage or otherwise
dispose of such real or leasehold property as may be appro-

priate to the proper conduct of its business.

SEC. 6. And be it enacted, That the corporation hereby

created, and the board of directors and stockholders thereof

shall, in addition to the powers hereby granted, have and

enjoy in all respects, all of the powers, privileges, benefits

and advantages which now axe or may hereafter be conferred

Powers,

by the Public General Laws of Maryland relating to corpo-

privileges,
&c

rations, upon corporations formed or to be formed in accord-

ance with the provisions thereof ; and the corporation hereby

formed shall in all respects, except in so far as may be

inconsistent with the provisions of this act, be subject to the

provisions and regulations in the Public General Laws of

Maryland relating to corporations, contained in reference to

corporations formed or to be formed thereunder.

SEC. 7. And be it enacted, That the Legislature hereby

Right re-

reserves to itself the right to repeal, amend or alter this act

served.

at its pleasure.

SEC. 8. And be it further enacted, That this act shall take

In force

effect from the date of its passage.

Approved March 8th, 1892.