JAMES THOMAS, ESQUIRE, GOVERNOR.

1834

shall, from time, select, devise, and regulate, — and whereas,
in order to accomplish these purposes most fully and se-
curely, it is deemed expedient to create the trustees of said
fund a body corporate, — Therefore,

CHAP. 87

Section 1. Be it enacted by the General Assembly of Mary
land, That the Reverend Joshua Wells, the Reverend Wil-
liam Ryland, the Reverend John Davis, and the Reverend
Andrew Hemphill, Samuel Harden, Benjamin Bond, and
John Patterson, the present trustees, and their successors,
Who shall be members of the Methodist Episcopal Church,
as hereinafter provided to be appointed, be, and they are

hereby created a body politic and corporate, by the name
and style of The Trustees of the Education Fund of the
Baltimore Annual Conference, and by that name shall have
perpetual succession, and be capable and liable to sue and
be sued at law, and in equity, to have a common seal, and
the same at pleasure to alter, break, and renew, and to do
all acts necessary and lawful for carrying into effect the ob-
ject of this incorporation

Title-seal

Sec 2 And be it enacted, That it shall and may be law
ful for said Corporation to have and to hold the said funds,
whether the same shall be in money or in other property,
real or personal, or means now or hereafter raised and pro-
vided as aforesaid, or given by devise or bequest, and such
other monies and means, as may hereafter be paid or trans-
ferred, with the sanction of said Baltimore Annual Confer-
ence, to said Corporation., — and it shall be the duty of said

Corporation, and they are hereby authorised to invest, in
stocks or securities, or in loans, and to lay out, as to said
Corporation ma) appear most expedient, the said funds,
monies, and means, so that the same may produce a certain
and periodical income, which said income, after deducting

Invest

all necessary expenses, shall be paid over to the trusteed of,
Dickinson College aforesaid, by said Corporation, for the
support, conduct, and uses of that Institution, as the same
shall be received, so long as said College shall be under the
direction and auspices oi said Baltimore Annual Confer
ence

Application of pre-

ceeds

Sec 3. And be it enacted, That, toward its convenient
and secure management of the trust committed to said Cor-
poration, it is hereby authorised to appoint a person to act
as Treasurer, and also as a Secretary, and whose duties the
said Corporation shall prescribe, and for the faithful dis-
charge of whose duties as Treasurer, it may require a bond
from the said Treasurer, with security, to be approved by

Treasurer and sec-

retary