A. W. BRADFORD, ESQUIRE, GOVERNOR.

order of the Governor, or such further part
thereof as may be paid for or on account of salaries
fixed by the Constitution and laws of this State.

CHAPTER 375.

533

AN ACT to incorporate the Union Fire Insurance
Company of Baltimore.

Passed Mar.
9,1864.

SECTION 1 . Be it enacted by the General Assembly
of Maryland, That John Coates, Chauncy Brooks,
William, Bridges, Thomas Y. Canby, Joseph Mat-
thews, William Chesnutt, John G. Hewes, James
O. Spear, Simon Parkhurst, John C. Bridges,
William F. Pentz, A. S. Chase, and the subscri-
bers to the stock of the company and their succes-
sors, shall be and they are hereby declared to be a
body politic and corporate, by the name and style
of the President and Directors of the Union Fire
Insurance Company of Baltimore, and by that
name shall have succession, and be capable in law
to sue and be sued, plead and be impleaded,
answer and be answered, defend and be defended
in all courts of law and equity, or elsewhere, to
make and use a common seal, and the same to
alter or renew at pleasure, and generally to do and
perform all things relative to the objects of this
institution, which now is, or may be lawful for any
individual or body politic or corporate to do.

Incorporated.

Sec. 2. And be it enacted, That the capital stock
of this company shall consist of the sum not ex-
ceeding three hundred thousand dollars, divided
into thirty thousand shares, at ten dollars each
share, two dollars at the time of subscribing and
one dollar in thirty days, and one dollar in sixty
days, and one dollar in ninety days after the com-
pany shall have gone into operation, the balance
at such periods as the Directors may, from time
to time, determine after sixty days notice being
given, or may be paid from the net revenue of the
company, beyond the dividends of six per centum

Capital stock.