FRANK BROWN, ESQUIRE, GOVERNOR.

63

SEC. 3. And be it further enacted, That if it be deemed
convenient to have a capital stock, the said company may have
a capital stock not exceeding the amount of fifteen thousand
dollars, to be divided into shares of such par value, and to be
apportioned or disposed of as the directors may determine.

Capital stock.

SEC. 4. And be it further enacted, That the affairs of said
corporations shall be managed by a board of five directors,
residents or owners of parts of said property; that R. Curzon
Hoffman, Thomas W. Hall, J. Harman us Fisher, J. Tunstill
Smith and Frank Fisher shall be the directors to manage its
affairs for the year following the passage of this act, and that
their successors shall be chosen in such manner as may be
provided for in the by-laws of the corporation.

Board of
directors.

SEC. 5. And be it enacted, That this act shall take effect
from the date of its passage.

Approved March 7th, 1894.

Effective.

CHAPTER 50.

AN ACT to regulate acquisitions of property by the Roman
Catholic Archbishop of Baltimore, for the time being and
his successors forever, and to define and limit the purposes
for which such property shall be held.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That whenever any grant, devise, gift, sale, legacy
or bequest, or any transfer or conveyance of property, real,
personal or mixed, to take effect after the passage of this act,
shall be made to the present or any future Roman Catholic
Archbishop of Baltimore, the same shall be held and construed,
without regard to the accuracy of the language used for that
purpose, to vest the ownership and title to the said property in
the Roman Catholic Archbishop of Baltimore, for the time
being and his successors forever, a corporation sole under the
laws of this State, unless it shall be made to appear from the
instrument of writing effecting such grant, devise, gift, sale,
legacy, bequest, transfer or conveyance, that the same is
intended by the party or parties thereto, to inure to the benefit
of the said present or future archbishop, individually.

SEC. 2. And be it further enacted, That whenever any such
property shall be so granted, devised or bequeathed to the said

Property ac-
quired by
Roman
Catholic
Archbishop
of Balti-
more.