46

LAWS OF MARYLAND.

Power to hold
real estate and
other property
for support of
Home Mission-
aries.

Sec. 2. And be it enacted, That for the purpose
of sending and supporting Ministers of the Gospel
as Home Missionaries, within the bounds of the
Maryland Annual Conference of the Methodist,
Protestant church, the Home Missionary Society of
said Conference incorporated by this act, is hereby
made able and capable in law, to have, hold, pur-
chase, receive, possess, enjoy and retain to them
and their successors, any estate or interest what-
ever in lands, chattels, annuities, rents, bank
stock, registered debts, public or private securities,
or other real or personal property, within or with-
out the State, by deed, assignment, devise, bequest
or other mode of conveyance, or transfer of or from
any person or persons, bodies politic or corporate,
having legal capability to make such transfer or
conveyance; and the same at their pleasure, to im-
prove, lease, rent, incumber, dispose of or alien in
such manner as they may judge most conducive to
the benevolent purposes of said society; provided,
their entire property or estate shall at no time ex-
ceed in value the sum of forty thousand dollars.

Annual meet-
ings — election
and duties of
officers.

Sec. 3. And be it enacted, That the Home Mis-
sionary Society of the Maryland Annual Confer-
ence of the Methodist Protestant church, shall
meet annually at the place, and during the time
of the meeting of the Maryland Annual Confer-
ence, and shall elect a President and not exceed-
ing twelve vice Presidents, and a board of eight
Managers, a Treasurer and Secretary; said officers,
to hold their office for one year, and until their
successors are elected, and to perform such duties
as the constitution and by-laws of the society may
prescribe, not inconsistent with the Constitution
and Laws of the State.

Constitution
and by-laws.

Sec. 4. And be it enacted, That said society at
its first annual meeting, shall adopt a constitution
and by-laws, prescribing the duties of all its
officers and directing how all monies shall be in-
vested, and prescribe the terms of membership,
and may alter, amend, or change their constitution
and by-laws at pleasure.

Permanent
fund ; disposi-
tion of interest.

Sec. 5. And be it enacted, That any estate or in-
terest whatever, in lands, chattels, annuities, rents,
bank stock, registered debts, public or private
securities, or other real or personal property, with-