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capital stock up to twenty thousand shares of the par value
of twenty-five dollars each; provided, the holders of a
majority of the stock then issued vote in favor of such
increase.
SEC. 6. And be it further enacted, That the directors of
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Authority to
increase
capital stock
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said body corporate shall have the power to declare such
dividends of the profits of said body corporate as they may
deem proper; provided, that no dividend shall be declared
when the capital stock will be impaired thereby.
SEC. 6 A. And be it further enacted, That the stockholders
of the said body corporate shall be liable to the amount of
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Declare
dividends.
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their respective share or shares of stock in said body corpo-
rate for all its debts and liabilities upon note, bill or other-
wise.
SEC. 7. Be it further enacted, That this Act shall take
effect from the date of its passage.
Approved April 5, 1906.
CHAPTER 473 1/2.
AN ACT to incorporate the Fort Frederick Protective
Society, and to define the powers and duties of said
Society.
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Stockholders
liable...
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WHEREAS, Fort Frederick, situated in Washington county,
Maryland, is the only fort built in colonial days that remains
today; and,
WHEREAS, Said fort played conspicuous parts in the
history of the nation for more than a hundred years; and,
WHEREAS, The ownership of the fort has now passed into
private hands, and its walls, already broken, are showing
more and more the decay incident to age; and,
WHEREAS, It is highly desirable to restore the fort to its
original condition, and preserve it as an object of educational
interest and historic sentiment; therefore,
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Edwin Warfield, Leonore Hamilton, Ferdinand
Williams, Douglas Thomas, William J. Witzenbacher, Robert
R. Henderson, James Shriver and Alexander Armstrong, Jr.,
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Preamble.
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