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Session Laws, 1865
Volume 530, Page 80   View pdf image
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80

LAWS off MARYLAND.

being the land described in the aforesaid deeds,
reported that they believed that more might be
done with capital there invested, and the com-
mittee were of the opinion that the time had
nearly arrived, when it would be right to make
some disposition of said property, and suggested
a reference to the Yearly Meetings for such action
as might meet the requirements of the best inter-
ests of the Society; and whereas, at a Yearly Meet-
ing of Friends for the Western Shore of Maryland
and the adjacent parts of Pennsylvania and Vir-
ginia, held in their church on Lombard street, in
the city of Baltimore, on the third day of the
eleventh month, one thousand eight hundred and
sixty-four, the said Fair Hill Boarding School
property was directed to be sold, and the proceeds
directed to be applied, as mentioned in proceed-
ings of that day ; now therefore,

Authorized
to make sale or
dispose of.

SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That the hereinbefore named
Charles Stabler, George E. Brooke, William John
Thomas, Thomas M. Reese, Edward Jessop and
Richard A. Stabler, or a majority of them, shall
be and they are hereby authorized and empowered
from time to time, and at any time hereafter, to
make sale or otherwise to dispose of the whole, or
any parts or part of the property hereinbefore
mentioned, at public sale, to the highest bidder,
upon such terms and conditions, as they or a ma-
jority of them may think right, and to make, ex-
ecute, and deliver to the purchasers or purchaser
thereof, or of any parts or part thereof, good and
sufficient deeds of conveyance or otherwise, as the
case may require, as fully in every respect as if
the grantees last herein referred to, held said
land absolutely in their own right, and could con-
vey the said property to a purchaser thereof under
them, and to invest the proceeds in such other
estate or property, stocks or dividend paying se-
curities, as they or a majority of them, shall think
best to be held for the same uses, declared in the
deed of conveyance, first herein referred to.



 
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Session Laws, 1865
Volume 530, Page 80   View pdf image
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