1834.

LAWS OF MARYLAND

CHAP. 31.

laws of the United States, of the State of Maryland, or
the corporation of the city of Baltimore

Sec. 2 And be it enacted, That the affairs of the said
Society shall be managed and conducted by a President
Vice President, Secretary, Treasurer, five Stewards and a
Messenger, to be elected annually on the third Monday in
January, in each and every year, in such manner as said

Property

society may appoint
Sec 3 And be if enacted, That the said corporation
shall be able and capable in law, to purchase, take, have
and enjoy, to them and their successors, property both
personal and real, and the Same at their pleasure to dispose

Restriction

of in such manner as they may judge most conducive to the
charitable uses of the said society, provided nevertheless,
that the said corporation shall not at any one time, hold or
possess property, real, personal or mixed, exceeding in,
total value the sum of ten thousand dollars

Present officers.

Sec. 4 And be it enacted, That all appointments of offi-
cers for the said society, heretofore made by the members
in their private capacities, shall respectively continue and be
in full force until the time specified by this act, for this first
election of officers for the corporation

Case of dissolution

Sec 6 And be it enacted That if at any time it may be
thought necessary to dissolve this society a proposition to
that effect shall be laid on the table in writing, at a stated
meeting of the society find may be discussed at the next
stated meeting, but shall not finally he decided on, in the
affirmative, while seven resident members dissent therefrom,
provided nevertheless, that no such dissolution shall operate
to impair or invalidate any contract before that time made,
or to affect a suit there instituted, or to be instituted, by or
against such corporation

Banking prohibi-

ted

Sec 6 And be if enacted, That nothing in this act shall
be so construed as to authorise the said corporation to issue
or put in circulation any negotiable note or notes, or notes
payable to bearer, or notes in the nature of bank notes

Limitation - rights

reserved

Sec 7. And be it enacted, That this act shall continue
and remain in force until the year eighteen hundred and
fifty five, and the end of the next General Assembly that
shall happen thereafter, unless the society is dissolved by
the members thereof as provided for in the fifth section it
being however, expressly declared and understood that this
act may be repealed by the General Assembly of this State,
at any meeting thereof, and further, that the said State re