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Session Laws, 1902 Session
Volume 476, Page 803   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

803

Act to add an additional section to Article 13 of the Code of
Public Local Laws, title "Harford County," sub-title "Fish,"
to immediately follow section 114, to be known as section
114 A, be and the same is repealed.
Approved April 11, 1902.

CHAPTER 554.
AN ACT to incorporate the Maryland Merchants' Exposition
and Industrial Company.

CHAP. 564.
Repeal.

SECTION 1. Be it enacted ly the General Assembly of
Maryland, That John J. Bannon, Frank Popplein, Thomas
F. McNulty, Peter J. Campbell, John B. Sisson and James
B. Guyton, all of the city of Baltimore, in the State of Mary-
land, and all other persons who shall hereafter become stock-
holders in the company hereby incorporated, shall be a body
corporate by the name of the Maryland Merchants' Exposi-
tion and Industrial Company, and by that name shall have
perpetual succession, and shall be capable to sue and be sued,
complain and defend in any Court of Law or Equity, to make
and use a common seal and alter the same at pleasure, to
receive and make deeds and contracts, to borrow money in
such sums and at such times, and on such terms as it may deem
necessary for the transaction of the business hereby authorized,
and to issue and dispose of its bonds or other evidences of
indebtedness for any amount or amounts so borrowed, and to
mortgage the corporate property and franchises to secure the
payment of any indebtedness so contracted by it, and it shall
have power to receive in payment for any subscription to its
capital stock, or any part thereof, any property necessary or
convenient for its purposes, at such price and in such manner
as may be agreed upon between the owner thereof and the
directors of this company ; and the said body corporate shall
have power to acquire by purchase or otherwise, and to take,
receive, hold, use, employ, manage, mortgage and dispose of
in any manner not inconsistent with law, any property, real,
personal or mixed, whether situated either in or out of this
State, which may be necessary or proper to enable said corpora-
tion to carry on its operations or fulfill the purposes named in
this Act, and generally to do every other thing or act not
inconsistent with law which may be necessary or proper to pro-
mote the objects, designs and purposes for which this corpora-
tion is formed.

Body
corporate.


SEC. 2. And be it enacted, That the capital stock of said
corporation shall be twenty-five thousand dollars, divided into
shares of the par value of ten dollars each, with the privilege

Capital stock,
with
privilege to
increase
same.



 
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Session Laws, 1902 Session
Volume 476, Page 803   View pdf image (33K)
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