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Session Laws, 1892
Volume 397, Page 149   View pdf image (33K)
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FRANK BROWN, ESQUIRE, GOVERNOR.

149

bond, if any be required, to be given by the officers of the


said corporation, and to regulate the salaries of the officers


or employes of the said corporation.


SEC. 4. And be it enacted, That the said corporation


hereby formed, shall have full power to manufacture tin-

Powers

ware, hardware and such other articles of merchandise as

of cor-
poration

the said corporation may deem profitable, and may barter,


buy, sell and deal in such articles of merchandise, and such


other articles of merchandise either wholesale or retail, as


the said corporation may deem profitable, except spirituous


and fermented liquors ; and shall have power to acquire,


develop, improve, use, work or otherwise dispose of any


novelty, invention or process patented by the United States ;


and for the sale, lease, or other disposition of articles manu-


factured under such patent or patents ; and shall have


power to acquire by purchase or lease such real estate as


may be deemed necessary and proper by the said corpora-


tion, for the useful and successful management and opera-


tion of the business of said company, and may sell or lease the


said real estate if the said company shall deem it advisable.


SEC. 5. And be it enacted, That the said corporation


hereby created, and the Board of Directprs and stock-

Additional

holders thereof, shall in addition to the powers hereby

powers

granted, have and enjoyed in all respects all the powers,


privileges, benefits and advantages which now are, or may


hereafter be conferred by the Public General Laws of Mary-


land, relating to corporations, upon corporations formed,


or to be formed in accordance 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 con-


tained in the Public General Laws of this State, relating


to corporations, in reference to corporations formed or to be


formed thereunder.


SEC. 6. And be it enacted, That at all elections, every


stockholder shall be entitled to one vote for each share held,

Vote

and the stockholders may vote either in person or by proxy.

of stock-
holders.

SEC. 7. And be it enacted, That this act shall take effect

Effective

from the date of its passage.


Approved March 15th, 1892.




 
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Session Laws, 1892
Volume 397, Page 149   View pdf image (33K)
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