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Session Laws, 1910 Session
Volume 487, Page 1420   View pdf image (33K)
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1420 LAWS OF MARYLAND.

managers, and at least fifteen in number in the case of a meet-
ing of the memebers of said corporation, shall constitute .a
quorum, and a majority of any quorum shall be sufficient to
elect and to pass any measure within the powers of the said
board of managers, or of the meeting of the members of said
corporation, as the case may be. Voting by proxy shall not be
permitted at any meeting. It shall not be necessary for the
said corporation to take any action adopting or accepting the
provisions of this Act, but this Act and all the provisions
hereof shall, immediately upon its passage, become and be a
part of the organic law of the said corporation.

SEC. 5. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 5, 1910.

CHAPTER 58.

AN ACT to incorporate the "Hamilton Banking and Trust

Company."

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Bradley K. Purdum, Frank C. Purdum, William
McCallister, John H. Tames, Charles G. Tames, J. Thomas
Carter, Charles E. F. Van Reuth, Thomas E. Biddison, Jr.,
Frank A. Glantz and Henry Doeller, of Baltimore County and
State of Maryland, their associates and successors, be and they
are hereby incorporated and made a body politic and corporate-
under the name and style of the Hamilton Banking and Trust
Company, and by that name shall be known in law, and shall
have perpetual succession, and have power to sue and be sued,,
plead and be impleaded, defend and be defended in all courts^
whether in law or in equity; and may make and have a com-
mon seal, and alter and renew the same at pleasure, and shall
have, enjoy and exercise all the rights, powers and privileges
pertaining to corporate bodies and necessary for the purposes
of this Act, and may make by-laws, rules and regulations con-
sistent with the existing laws of the State of Maryland for the
government of all under its authority, the management of its
estate and properties and the due and orderly conduct of its
affairs.

SEC. 2. And be it further enacted. That the capital stock of
said body corporate shall consist of five hundred shares of the
par. value of one hundred dollars each, and said body corporate
shall have the right to increase its capital stock from time to
time by a vote of a majority of its stockholders at a special
meeting or meetings to be called and held for that purpose,
to any sum or sums not exceeding one million dollars; and the


 

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Session Laws, 1910 Session
Volume 487, Page 1420   View pdf image (33K)
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