ROBERT M. McLANE, ESQUIRE, GOVERNOR.

97

to sell, convey, lease and mortgage the same, or any

part thereof.

SEC. 2. And be it enacted. That the objects of said

corporation shall be to provide and regulate a suitable

room or rooms for a petroleum exchange in the city

of Baltimore; to furnish facilities to its members for

the purchase and sale of petroleum and its products ;

Objects of cor-

to adjust controversies and misunderstandings between

poration.

petroleum business, and inculcate just and equitable

principles in trade, and to make provision for the

widows and families of deceased members of this

exchange.

SEC. 3. And be it enacted, The said corporation

shall have power to make all proper and needful by-

Power to make

laws, not contrary to the constitution and laws of the

needful laws.

State of Maryland or of the United States; and such

present members of said corporation as shall agree

thereto, and all persons who shall hereafter join said

corporation, may be assessed such sum as shall be pro-

vided by the by-laws of said corporation, upon the

Assessment to
be made.

death of any such member agreeing thereto, or who

shall hereafter join said corporation, which sum, or

such proportion thereof as the by-laws of said corpo-

ration may provide, may be paid to the widow, child-

ren or next of kin, or to other persons dependent upon

said deceased member, in such manner as said by-laws

shall prescribe.

SEC. 4. And be it enacted, That this act shall take

Effeciive.

effect from the day of its passage.

Approved March 20, 1884.