716

LAWS OF MARYLAND.

compensation as they, in their discretion, may deem right and
proper. This section shall apply only to the counties of Car-
oline, Kent, Queen Anne's, Talbot, Prince George's, Charles
and Harford.

Effective.

SEC. 3. And be it enacted, That this act shall take effect
from the date of its passage.
Approved April 4, 1896.

CHAPTER 410.

AN ACT to add an additional section to Article 23 of the
Code of Public General Laws of Maryland, title "Corpora-
tions," to be designated as Section 39s.

SECTION 1. Be it enacted, by the General Assembly of Mary-

New section.

land, That an additional section be added to Article 23 of the
Code of Public General Laws, title "Corporations," to follow
section 39 A of said article, and to be designated as section 39 B,
and to read as follows :

39s. Any educational, charitable or other corporation, formed
under class one of this article, and having no capital stock, or

Consolida-
tion of cor-
porations.

any corporation of a like character to those mentioned in said
class one heretofore formed and now existing, and having no
capital stock, may unite with any other corporation incorpo-
rated under said class one, and having no capital stock; pro-
vided, that a majority of the members of each of the corpora-
tions forming such union uhall assent thereto, such union or
consolidation shall be made upon such terms and conditions
and shall have such name as shall be agreed upon by the said
corporations forming such union; a certificate of such union
or consolidation and the particulars thereof, shall be executed
by the said corporations, and be acknowledged and recorded as
other certificates of incorporation are in this article, directed to
be acknowledged and recorded, and thereupon, all the property
and assets belonging to said former separate corporation, and
all their powers and rights and all the debts and liabilities of
said former separate corporations, shall be devolved upon said
new consolidated corporation; and every devise and bequest in
favor of either of the former separate corporations, would have
been capable of taking, shall devolve upon said new consoli-
dated corporation, which shall be regarded as substituted by
operation of law in the place and stead of said former separate
corporations.