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Session Laws, 1884 Session
Volume 424, Page 283   View pdf image (33K)
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ROBERT M. McLANE, ESQUIRE, GOVERNOR.

283

dred and eighty-one, eighteen hundred and eighty-two,


and eighteen hundred and eighty-three, inclusive, the


same having been recommended by the officers of the


state treasury.


SEC. 2. And be it enacted. That this act shall take

Effective,

effect from the date of its passage.


Approved April 8, 1884.


Chapter 220.


AN ACT to amend an act passed at the January


session, eighteen hundred and seventy-six, entitled,


" A further supplement to an act passed at Decem-


ber session, eighteen hundred and twenty five,


entitled ' An act to incorporate the President and


Directors of the Fireman's Insurance Company of


Baltimore, and the several supplements thereto.' "


SECTION 1. Be it enacted by the General Assembly


of Maryland, That chapter numbered thirteen of an


act passed at the January session, eighteen hundred


and seventy-six, entitled " A further supplement to

Repealed and

an act passed at December session, eighteen hundred

section insert-
ed in lieu.

and twenty-five, entitled ' An act to incorporate the


President and Directors of the Fireman's Insurance


Company of Baltimore, and the several supplements


thereto," be and the same is hereby repealed, and the


following section inserted in lieu thereof:


THIRTEEN. The affairs of the company shall be


managed by a board of directors, who shall be elected


annually, at the office of the company, on the fourth

How managed.

Monday of January, between the hours of twelve and


two o'clock. The said board shall be composed of


twenty-nine shareholders, and in their election each


shareholder shall be entitled to one vote for every

Number of

share of stock held by him to the number not exceed-

board.

ing five; one vote for every additional five shares not


exceeding fifty shares; and one vote for every addi-


tional ten shares exceeding that number; but no


shareholder shall be entitled to more than twenty




 
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Session Laws, 1884 Session
Volume 424, Page 283   View pdf image (33K)
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