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Session Laws, 1902 Session
Volume 476, Page 772   View pdf image (33K)
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772

LAWS OF MARYLAND.

CHAP 533.

sition money, and the same is not paid within two months
after such notice, then such certificate may be vacated and
annulled, and the vacant land included in such certificate may
be taken up by any one in the same manner as other vacant
land.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 8, 1902.

CHAPTER 533.
AN ACT to incorporate The Audit and Security Company
of Baltimore.

Body
corporate.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That George E. Taylor, Edward S. Adams, Charles
F. Wolf, William C. Jenness, Arthur D. Foster and the sub-
scribers to the stock of the corporation hereby created, and
their successors and assigns, be and they are hereby created a
body corporate by name of The Audit and Security Com-
pany of Baltimore, and by that name shall have perpetual suc-
cession, and shall be competent to sue and be sued in any
Court of Law or Equity whatsoever, to have and to use a com-
mon seal and to alter the same at its pleasure, and to make
and adopt a constitution and by-laws for the government of
said body corporate and its officers, agents and employes, and
from time to time to amend the same ; provided, such consti-
tution, by laws or amendments thereto shall not conflict with
the constitution or laws of the State or of the United States ;
to elect or appoint directors and officers, and generally to do,
execute and enforce all and singular such acts, contracts,
matters and things as may be necessary to carry out the objects
and purposes to protect the interests of said body corporate,
and to exercise the power or powers by this Act conferred upon
it. The main office of this corporation shall be located in
Baltimore city, Maryland, with the right, however, to estab-
lish such branch offices or agencies elsewhere as may be neces-
sary for the proper handling of its business.

Capital stock
with
privilege to
Increase
same.

SEC. 2. And be it further enacted, That the capital stock
of said body corporate shall consist of five hundred shares of
the par value of one hundred dollars each, being with the
privilege to increase the same from time to time by a vote of
the stockholders at a special meeting or meetings, to be called
for that purpose, to a sum not exceeding tive million dollars,
and the incorporators, or a majority of them, named in this
Act, shall have power to open books for subscription at such
times and places in the city of Baltimore and elsewhere as



 
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Session Laws, 1902 Session
Volume 476, Page 772   View pdf image (33K)
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