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LAWS OP MARYLAND.

SEC. 2.' And be it enacted, That the treasurer of

the state shall, on the warrant of the comptroller, dis-

Who to dis-

burse the said sum or sums of money herein appropri-

burse.

ated for the objects and purposes herein specified to or

upon the order of the person or persons, or bodies

politic or corporate entitled to receive the same.

SEC. 3. And be it enacted, That this act shall take

When effective.

effect from and after the first day of October, eighteen

hundred and eighty-five.

Approved April 8, 1884.

Chapter 435.

AN ACT to incorporate the Maryland Title Insurance

and Trust Company.

SECTION 1. Be it enacted by the General Assembly

of Maryland, That Joseph Friedenwald, Edgar G.

Miller, Jacob I. Cohen, Thomas Hill, Benjamin Price,

Charles J. Wiener and Edward I. Clark, and all others

who shall hereafter become stockholders in the corpo-

ration hereby created, their successors and assigns, be

and they are hereby created a body corporate by the

name of the Maryland Title Insurance and Trust

Company, and by that name shall have perpetual suc-

cession, and shall be capable to sue and be sued, com-

plain and defend in any court of law or equity; to

make and use a common seal and alter the same at

Rody corporate

pleasure; to make by-laws not inconsistent with law

for the management of its property, the regulation

of its affairs and for the transfer of its stock, for the

forfeiture of its stock not paid and for disposition of

the proceeds thereof, and to provide for all other mat-

ters which may be regulated by by-laws, and gener-

ally to do and execute all such acts, matters and

things as a corporation may and can lawfully execute,

and all such matters and things as may be necessary

to carry out the objects of said corporation.

SEC. 2. And be it enacted, That the capital stock

Capital stock.

of said corporation shall be one hundred thousand
dollars, divided into one thousand shares of the par