260
LAWS OF MARYLAND.
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Maryland Institution for the Instruction of the Blind,
and by that name may sue and be sued, answer and
defend in any court of law or equity, and may ordain
and establish such by-laws, rules and regulations as
shall appear necessary or proper for conducting the
concerns of said corporation, and shall not be contrary
to law, and the same to alter and renew at pleasure,
and may have and use, and at pleasure change a common
seal, and generally may do any act or thing
necessary or proper to carry into effect the provisions
of this act and to promote the design of the corporation.
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Object of corporation.
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SEC. 2. And be it enacted,
That the object
of said corporation shall be the instruction of the blind.
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Donations.
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SEC. 3. And be it enacted,
That the said
corporation shall have the power of receiving donations,
subscriptions, devises and legacies of real or personal
estate and money, and to purchase and hold real and
personal property, in trust or otherwise, for the promotion
of the objects of the corporation.
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Board of directors.
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SEC. 4. And
be it enacted, That the board
of directors shall consist of nine persons, who shall be
elected annually by the corporate members of said institution,
on the first Monday of January; but in case no
election shall then take place, the directors then in
office shall continue to hold over until a new election
shall take place; Provided, however, that the nine persons
above named be and they are hereby constituted
the directors of the institution, to serve until the first
annual election.
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Vacancy—
how filled.
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SEC. 5. And be it enacted,
That in case of
death, resignation or removal from the State, of any of
said directors, the remaining directors shall have the
power of filling such vacancies, until a new election
of the others shall be held by the corporation.
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Banking forbid.
Reservation.
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SEC. 6. And be it enacted,
That nothing in
this act contained, shall be so construed as to authorise
said corporation to issue any note, token or other evidence
of debt, to be used as currency, and the Legislature
hereby reserves to itself the right to alter, amend or
repeal this act at pleasure.
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In force.
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SEC. 7. And be it further
enacted, That this act
shall take effect from the date of its passage.
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