54 LAWS OF MARYLAND.

be lawful for the surviving or continuing members so long as
the number thereof shall be two or more, to fill vacancies and
continue the corporate succession.

SEC. 74. A corporation may acknowledge any instrument re-
quired by law to be acknowledged, by its attorney appointed
under its seal, and such appointment may be embodied in the
deed, or such instrument may be acknowledged by the presi-
dent or any vice-president of such corporation without such
appointment.

SEC. 75. Every corporation formed under this article shall
have, until forfeiture, the right of perpetual succession; and
all provisions in the charter or certificate of any existing cor-
poration or imposed upon it by any Act in force at the time of
its creation or formation, limiting its duration, are hereby
annulled and repealed.

SEC. 76. When the value of the property owned by any chari-
table or benevolent society or corporation, incorporated under
any general or special law of this State, or the income of such
charitable or benevolent society from such property was, when
the said property was acquired, within the limit or limits
prescribed by law for the tenure and enjoyment of such prop-
erty or income, but has hereafter increased in value, such
benevolent or charitable association or corporation may law-
fully hold, enjoy, use and deal with the increased value of said
property or property derived therefrom, or with the increased
income derived therefrom, for its said charitable and benevo-
lent purposes in the same manner and to as full an extent as
it might have enjoyed, used or dealt with said property or
income, if the value of said property, or the amount of income
derived therefrom, had not so increased.

SEC. 77. A stockholder of any corporation of this State may
by agreement in writing transfer his stock to any person or per-
sons for the purpose of vesting in him or them the right to vote
thereon, for a time not exceeding five years, upon terms and con-
ditions stated, pursuant to which such person or persons shall
act. Every other stockholder, upon his request therefor, may by
like agreement in writing also transfer his stock to the same
person or persons and thereupon may participate in the terms,
conditions and privileges of such agreement. The certificate of
stock so transferred shall be surrendered and cancelled and
certificates therefor issued to such transferee or transferees
in which it shall appear that they are issued pursuant to such
agreement; in the entry of such transferee or transferees as
the owners of such stock on the proper books of said corpora-
tion, that fact shall also be noted, and thereupon he or they