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80 LAWS OF MARYLAND.
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Chapter 72.
AN ACT to repeal sections two and five of the
act of eighteen hundred and eighty-six, chap-
ter one hundred and thirteen, entitled "An
act to incorporate the Fire Insurance Salvage
Corps of Baltimore, and to re-enact the same
to read as follows :
SECTION 1. Be it enacted by the General As-
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Repealed and
re-enacted.
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sembly of Maryland, That sections two and five
of the act of eighteen hundred and eighty-six,
chapter one hundred and thirteen, be and the
same is hereby repealed and re-enacted so as to
read as follows :
SEC. 2. And be it enacted, That the said cor-
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May hold per-
sonal property
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poration may hold by purchase, devise or other-
wise, real and personal property for the use of
said corporation to an amount not to exceed
fifty thousand dollars, and may sell, lease, mort-
gage and convey the same or any part thereof,
as the board of management may judge to be
most conducive to the interest of this corpora-
tion, subject, nevertheless, to the laws of this
state.
SEC. 5. And be it enacted, That in the month
of June, eighteen hundred and eighty-eight,
and in the month of June of every second year
thereafter, there shall be held a meeting of the
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Give notice of
meeting.
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corporation hereby created, of which ten days'
previous notice shall be inserted in at least two
of the daily papers published in the city of Bal-
timore, at which meeting each incorporated in-
surance company or association doing business
in the city of Baltimore, whether its officers or
agents be members of this corporation or not,
shall have the right to be represented by one of
such officers, or by its agents, and each organ-
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A majority to
sustain.
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ization represented at such meeting shall be
entitled to one vote. A majority of the whole
number so represented shall have power to de-
cide upon the question of sustaining the Fire In-
surance Salvage Corps hereinbefore mentioned,
and of fixing the maximum amount of expenses
which shall be incurred therefor during the two
fiscal years next to ensue, which amounts shall
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