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Session Laws, 1933 Session
Volume 421, Page 1137   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 1137

Managers, acting with the Finance Committee, annually in
the month of January to make out a statement of all money
received by the Managers from all sources, and the disposi-
tion which has been made of it, and the Treasurer of the
Managers shall attach to the report all statements and in-
formation received from the Assistant Treasurers and
Finance Committee. Such parts of the report of the Treas-
urer of the Managers and statement of the Finance Com-
mittee and Assistant Treasurers attached thereto, as the
Board may determine, shall be printed in an annual report,
in order that those interested in the welfare of the Society
may have accurate information of its condition; and all
suits shall be controlled by the Board of Managers, and all
gifts, legacies and devises shall be paid to said Board of
Managers for the use of said Society, and subject to the
control in all respects of said Board of Managers and the
Board of Managers shall have the custody of the seal of the
corporation, and all deeds shall be in the name of "The
Aged Women's and Aged Men's Homes, Franklin Square,
Baltimore, " and be signed by the President of the Managers
or by one of the Vice-Presidents. The Board of Managers
shall not be liable for any error of judgment made in good
faith by it or by any of its officers or committees, in regard
to investments, and shall have no responsibility, except as
set forth at end of Section Four above.

SEC. 7A. And be it further enacted, That Section 8 of
Chapter 290 of the Acts of 1890 be and it is hereby repealed
and re-enacted with amendments, to read as follows:

SEC. 8. And be it enacted, That all property of every
kind shall be held and managed in the said name of the
corporation, and any property, stocks, bonds or other funds
may be put in that name upon order of said Board of
Managers.

SEC. 9. And be it enacted, That said corporation may
take, by gift, legacy, devise or otherwise, by any name
designated for or intended for the said corporation, and by
its old corporate names, and no misnomer shall render the
same invalid provided such design or intent appears.

SEC 10. And be it enacted, That said corporation
may take and hold property of all kinds in manner afore-
said, whose income shall not exceed the annual sum of
two hundred thousand dollars.

 

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Session Laws, 1933 Session
Volume 421, Page 1137   View pdf image (33K)
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