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Proceedings of the House, 1892
Volume 398, Page 113   View pdf image (33K)
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1892.] OF THE HOUSE OF DELEGATES. 113
at such elections, and all meetings of stockholders
every stockholder shall be entitled to one vote lor
each share of stock held by him, but no person shall
be eligible as a director who is not a stockholder to
the amount of twenty shares of stock.
13. And be it enacted, That whenever the said com-
pany shall be appointed assignee, receiver, trustee,
guardian, executor, administrator, or whenever de-
posits of money or of valuables of any kind shall be
made with said company, the capital stock and its
property and effects as paid in shall be taken and
considered as the security required by law f or the
faithful performance of its duties, and shall be abso-
lutely liable, and no bond or other security shall be
required from it; when appointed executor, adminis-
trator, guardian, receiver, trustee, assignee or deposi-
tory, and in case of a dissolution by a Court of Law
or equity, or otherwise, the debts, dues, moneys and
obligations due from it as aforesaid shall have
preference.
Section 2. And be it enacted, That this Act shall
take effect from the date of its passage.
Amendment considered and further consideration
postponed until to-morrow.
On motion of Mr. Brennan,
The House, at 9 P. M., adjourned.
WEDNESDAY, January 27th, 1892.
The House met at 12 M., and was opened with
prayer by the Rev. Mr. Nicols.
Present at the call of the roll the following mem-
bers :
Messrs. Speaker, Combs, Garner, Strong, Wilson,
Brashears, Donaldson, Hutchins, Sappington, of Anne
Arundel, Ireland, Lane, Carrico, Maddox, Orrick,
Elliott, Hamilton, Jr., Monmonier, Schlaffer, Collins,
Wooters, Leonard, Green, Anderson, Sterling, Mere-
dith, Smith, of Dorchester, Miles, Kirk, Grove, of
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Proceedings of the House, 1892
Volume 398, Page 113   View pdf image (33K)
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