PRIVATE ACTS. 1411

tary and other officers, and providing for the appointment of
agents and solicitors, fixing of rates, and for all the other busi-
ness of the corporation. The directors shall have the power to
pass by-laws which shall be valid and subsisting until the next
annual members' meeting.

SEC. 16. The charter of the company shall be and the same
is hereby made perpetual; provided, that the General Assembly
of Maryland reserves to itself the right to amend or repeal the
same at any time.

SEC. 17. This Act shall be submitted to the members of said
company at a special meeting thereof to be called by the presi-
dent of said company, and to be held on or before the thirtieth
day of April, 1908, and if a majority of the members present
at such meeting shall give their consent, then this Act shall
take effect from and after the date of said meeting, but if at
such meeting a majority of the members then present do not
assent, then this Act shall not take effect, but shall be null and
void.

SEC. 18. And be it enacted, That the board of directors of
this company are hereby authorized to locate the office of the
company in Baltimore city if they deem it for the interest of
the institution, permanently or temporarily, at their discretion.

SEC. 19. And be it enacted, That the board of directors of the
said company are hereby authorized to have and make such
constitution and by-laws as in their judgment may be necessary
for the proper management of its affairs, and the same to alter
or amend from time to time; provided, that no such amendment
or alteration shall be made except by the concurrent votes of
two-thirds of the whole board, exclusive of the president; and
provided also, that such constitution and by-laws shall not be
in conflict with the Constitution and laws of this State.

SEC. 20. The forms of application for insurance taken and
policies issued by this company shall be such as may be
adopted by the board of directors; said board shall have power
to determine the terms and conditions upon which a policy of
insurance shall be issued, and to prescribe all such regulations
with reference to insurance in this company as they may deem
expedient, subject to the provisions of the company's charter.

SEC. 21. That this Act shall take effect from the date of its
passage.

Approved April 8, 1908.

CHAPTER 383.

AN ACT to legalize and make valid the acts of The Highland
Savings Bank of Howard County, a body corporate, under