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Session Laws, 1884 Session
Volume 424, Page 176   View pdf image (33K)
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176

LAWS OF MARYLAND.


Chapter 131.


AN ACT to amend and enlarge the powers granted


by the act entitled "An act to provide a fund for


the relief of the Widows and Children of the


Clergy of the Protestant Episcopal Church in the

State of Maryland," passed November session, seven-

teen hundred and eighty-four, chapter seventy-eight.

WHEREAS, in the period of one hundred years, since

the passage of the act herein referred to, the number


of persons to be benefited by the corporation, thereby


created has largely increased, and their needs and


necessities have multiplied in various forms; and

Preamble.

although the ability of the corporation to meet those


wants has also increased, it yet requires further en-


largement and more liberty in the use of its income


in order thoroughly to accomplish the various char-


itable purposes that may be subserved thereby; there-


fore —


SECTION 1. Be it enacted by the General Assembly


of Maryland, That the proviso in the act entitled


" An act to provide a fund for the relief of the widows


and children of the clergy of the Protestant Episco-


pal Church in the State of Maryland," passed Novem-


ber session, seventeen hundred and eighty-four, chapter


seventy-eight, which limits the clean yearly value of


the capital fund, stock and other hereditaments and

Repealed.

real estate of the corporation thereby created to a sum


not exceeding fifteen thousand Spanish milled dollars


of the then current weight of seventeen pennyweight


and six grains, each dollar above all taxes and assess-


ments, be and the same is hereby repealed, and the


said corporation is hereby authorized to hold such


funds, stocks and other hereditaments and real estate as


authorized by the act aforesaid, provided that the net


income arising from the same shall not exceed the sum


of fifty thousand dollars per annum.


SEC. 2. And be it enacted, That it shall be compe-

Admit new

tent for the said corporation to admit new members by

members.

the votes of two-thirds of those members who may be


present at any annual meeting of said corporation.


SEC. 3. And be it enacted, That the said corporation


be and it is hereby authorized at any annual, by a



 
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Session Laws, 1884 Session
Volume 424, Page 176   View pdf image (33K)
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