| 74
Dec. Ses. 1825. |
JOS. KENT, ESQ. GOVERNOR.
expedient and necessary in such manner as may be thought
proper. |
| Powers granted. |
3. And be it enacted, That the aforesaid
members and their
successors by the same name, shall be able and capable in law
to purchase, have and enjoy to them and their successors in fee
or less estate, any estate or estates, lands or tenements, also annuities,
pensions or other hereditaments within this state by gift,
bargain, sale, alienation, enfeoffment, release or confirmation of
any person or persons, bodies corporate or politic capable to
make the same; and such lands, tenements, rents, annuities,
pensions or other hereditaments, or any less estate, rights, interests
of, or in the same at their pleasure to grant, alien, sell and
transfer in such manner and form as they shall think meet and
convenient for the furtherance of the object of the said society;
and also that they may take and receive any sum or sums, and
any kind of goods and chattles, that may be given or sold to
them by any person or persons, bodies politic or corporate, capable
to make a gift or sale thereof, and employ the same towards
maintaining the said society, in such manner as they shall
judge necessary and convenient, and for the promotion of the
good of the association. |
| Legal capacity. |
4. And be it enacted, That the aforesaid
members and their
successors shall be able in law, in the name of the president and
directors of the La Fayette beneficial society of Baltimore, to
sue and be sued, plead and be impleaded, in any court or courts,
before any judge, judges or justice within this state or elsewhere
in all manner of suits, complaints, pleas, causes, matters,
and demands of whatsoever kind, nature, or form they be. To
make have and use one common seal, and the same to alter at
pleasure, and all and every other matter and thing to do in as
full and effectual a manner as any other person or persons, body
politic or corporate within the state in like cases may or can
do. |
Limitation.
Proviso. |
5. And be it enacted, That the yearly
value of the messuages,
houses, lands, tenements, rents, annuities or other hereditaments,
and real estate of said society and corporation shall not
exceed thirty thousand dollars current money; and all gifts to
said society and corporation after the yearly value of their estates
shall amount to thirty thousand dollars as aforesaid, and
all bargains and purchase to be made by the same corporation,
which may increase the yearly value of said estates above or beyond
the aforesaid sum shall be absolutely void and of none effect:
Provided, Each member of this corporation shall be individually
liable for the debts to be contracted by the directors
thereof, by virtue of their corporate powers. |
Admission—
expulsion—
contributions. |
6. And be it enacted, That the said
society shall have power
to determine the amount in money, which each person shall pay
on being admitted a member of said society, the amount of
monthly, quarterly, and yearly contributions which each member
of the society shall pay for violations of the laws of the society; |
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