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Session Laws, 1896 Session
Volume 475, Page 115   View pdf image (33K)
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LLOYD LOWNDES, ESQUIRE, GOVERNOR.

115

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the name of the Baltimore Corn and Flour
Exchange, incorporated by the General Assembly of Maryland,
by chapter 83 of the acts passed at its January session of
1865, as amended by chapter 136 of the acts passed at the
January session of 1870, and as further amended by chapter
335 of the acts passed at the January session of 1884, be and
the same is hereby changed to The Baltimore Chamber of
Commerce, which is hereby fixed and established as the corpo-
rate name of the said corporation; which said corporation by
the said name of the Baltimore Chamber of Commerce shall
have and 'exercise all the powers and functions which were
heretofore conferred upon or possessed by the said corporation
under and by its said former name of the "Baltimore Corn
and Flour Exchange."

Shange of
name.

SEC. 2. And be it enacted, That sections 3 and 5 of chapter
136 of the Acts of the General Assembly of Maryland,
passed at the January session of 1870, be and the same are
hereby repealed and re-enacted with amendments, so as to read
as follows, to wit :

Repeal.

3. The property, affairs, business and concerns of the corpo-
ration shall be managed by a board of directors, consisting of
fifteen members of the association, to be elected as follows, to
wit: at the first election to be held after the passage of this
act, fifteen directors shall be elected, of whom five shall be
elected to serve for one year, five shall be elected to serve for
two years, and five shall be elected to serve for three years,
and at each annual election to be held thereafter, at such time
and place as may be provided for in the by-laws, five direc-
tors shall be elected to serve for the term of three years.
Each board of directors shall annually at its first meeting,
elect a president, a vice-president, and an executive committee
of five, from their own body, and shall appoint a secretary and
assistant secretary, and a treasurer, and such other officers as
they may deem necessary, whose duties shall be respectively
prescribed by the by-laws of the corporation. All vacancies
which may occur in the said board, or its officers, by death,
resignation or otherwise, shall be filled by said board. A
majority of such board shall constitute a quorum for the
transaction of business.

Board of
directors.

5. That the purposes of said corporation shall be to provide
and regulate a suitable room or rooms for a commercial
exchange in the city of Baltimore; to inculcate just and

Purposes of
corporation



 
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Session Laws, 1896 Session
Volume 475, Page 115   View pdf image (33K)
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