56 LAWS OF MARYLAND.

of Public General Laws as set forth and numbered as aforesaid
in Article twenty-three (23) of the said Code of nineteen hun-
dred and four (1904), shall be and they are hereby repealed
and re-enacted, to read as follows:

SEC. 107. It shall be lawful for the stockholders of any life
insurance, accident insurance, safe deposit, trust or fidelity
company, created by general law or special act, in general
meeting assembled, from time to time, to provide for calling
in and cancelling the whole or any part of the capital stock,
and issuing other stock instead thereof at such par value as
they may decide on, to an amount not exceeding the true value
of such stock, in such manner as to provide such contingent
fund or surplus not represented by stock as they may decide to
be necessary; provided that notice of every such meeting of
stockholders shall be given in the manner required by Sections
15 or 16 of this Article, and the proceedings thereafter shall be
similar to those prescribed in Sections 26 to 28 (both inclu-
sive), of this Article.

SEC. 227. No mining company, incorporated under this arti-
cle, shall hold more than one thousand (1000) acres of land at
any one time, if said corporation is situated in Allegany county;
nor more than five hundred (500) acres if in any other county;
nor shall its capital stock exceed three million dollars
($3, 000, 000); and the presence, in person or by proxy, of a
majority in interest of the stockholders shall be necessary to
form a quorum for business at any meeting of the stockholders
or members.

SEC. 314. Ever}7 such corporation shall have, in addition to
the powers conferred by Section 7 of this article, in so far as
the said powers may be consistent with its general character,
the further power to appoint the hour and place of the meetings
at which the two of its members so as aforesaid to be annually
elected shall be chosen, and the manner in which such election
shall be held, and shall provide a good and sufficient record
book, wherein shall be registered from time to time all of its
proceedings, and which shall at all times be open to inspection
by any member of the said congregation, or any ecclesiastical
officer of the said denomination of Christians, having, accord-
ing to the discipline and practice thereof, authority over the
said congregation, or the right to be informed concerning its
management and interests of the said corporation; the pastor
of the congregation for the time being (if any there be), shall
always be president; it shall have power to frame such rules
and ordinances for the orderly conduct of divine worship and
the advancement of the interests of the congregation, as a