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Session Laws, 1832
Volume 547, Page 114   View pdf image (33K)
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1832.

LAWS OF MARYLAND.

CHAP. 109.
Passed Mar.2,.1833

CHAPTER 109.

An act to Incorporate the Woodsborough Savings Institu-
tion.

Corporate powers.

Section 1. Be it enacted by the General Assembly of
Maryland, That David Wagner, Solomon Barrick, Thomas
Sim, Peter Barrick, John Stoner, Jacob Carmack, Charles
Duer, George Smith, Caspar Halbruner, J. C. Hall, Mi-
chael Shank, George Shank, Christian Reich, Malacki
Bernard, Isaac Lynn, Edward Nuzum, Henry Hann, John
Norris, Samuel Willhide, and all and every other person
and persons hereafter becoming members of the Woods-
borough Savings Institution, in the manner hereinafter men-
tioned, shall be, and are hereby created and made a corpo-
ration and body politic by the name and style of the
Woodsborough Savings Institution, and by that name
shall have succession and be capable by law to hold and
dispose of property, to sue and be sued, plead and be im-
pleaded, answer and defend, and be answered and defend-
ed in courts of law and equity, or in any place whatever;
and to receive and make all deeds, transfers, contracts,
covenants, conveyances, and grants whatsoever, and to make

renew at pleasure, and to do every other act or thing ne-
cessary to carry into effect this act, and to promote the ob-
ject and design of said corporation.

Choose directors

Sec. 2. And be it enacted, That there shall be a meet-
ing of the members of the said Woodsborough Savings
Institution on such day in the month of April next, or at
any other time the company may think proper, within the
space of one year, and at such place as the first five named
persons in this act, or a majority of them, shall appoint,
and give a written notice to each member, at least five
days previous to said meeting, and on such day in the
month of April, and at such place annually thereafter as
the by-laws of the Institution shall provide for the purpose
of choosing from among the members, nine Directors, to

Proviso

manage the affairs of the said Institution for twelve months
thereafter, and until a new election shall take place; Pro-
vided, that such election shall be made within one month
from the expiration of the term for which the preceding
Directors shall have been elected; and the five first named
persons or members, or a majority of them, shall be
Judges of the first election of Directors, and the Judges
of all future elections shall be appointed, and the notice



 
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Session Laws, 1832
Volume 547, Page 114   View pdf image (33K)   << PREVIOUS  NEXT >>


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