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Session Laws, 1832
Volume 547, Page 191   View pdf image (33K)
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JAMES THOMAS, ESQUIRE, GOVERNOR.

1832.

CHAPTER 179.

CHAP. 179.

An act to incorporate the Hereford Savings Institution of
Baltimore county.

Passed Mar. 12, 1833

Section 1. Be it enacted by the General Assembly of Ma-
ryland, That John Merrymen, of Benjamin, Nicholas B.
Merryman, Daniel Orrick, John C. Orrick, William Rowe,
Charles G. Hicks, Philip Pierce, John Philpot, William
Tipton, Richard Sewell, Nicholas Foster, Talbot Gorsuch,
Edward Gorsuch, Joseph Sharp, Edward Le Fort, and all
arid every other person or persons hereafter becoming mem-
bers of the Hereford Savings Institution in the manner
hereafter mentioned, shall be and are hereby created and
made a corporation and body politic, by the name and style

Persons incorpora-

ted

of the Hereford Savings Institution, and by that name shall
have succession, and be capable by law, to hold and dis-
pose of property, to sue and be sued, plead and be implea-
ded, answer and defend, and be answered and defended, in
courts of law and equity, or in any other place whatever,
and to receive, and make all deeds, transfers, contracts
conveyances, covenants and grants whatsoever, and to
make, have, and use a common seal, and the same to
change and renew at pleasure, and generally to do every
other act or thing necessary to carry into effect the provi-
sions of this act, and promote the object and design of said
corporation.

Legal capacity.

Sec. 2. And be it enacted, That there shall be a meet-
ing of the members of the said "Hereford Savings Insti-
tution, on such day in the month of April next, and at such
place as the five persons first named in this act, or any three
of them shall appoint, and give at least ten days notice of
such meeting in one newspaper, printed in the city of Bal-
timore, and at five of the most public places in the neigh-
bourhood in which said meeting is to be held, and at such

Meeting to orig-

nize

place annually thereafter as the by-laws of the said institu-
tion shall provide, for the purpose of choosing from among
the members, fifteen directors, to manage the affairs of said
institution for twelve months thereafter, and until a new
election takes place, and the five members first named
shall be judges of the first election of Directors, and the
judges of all future elections shall be appointed, and notice
of such elections given in such manner as the by-laws shall
provide

Annual meeting

thereafter.

Sec. 3. And be it enacted, That the Directors for the
time being, or a majority of them shall have power to elect

Powers of direc-

tors



 
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Session Laws, 1832
Volume 547, Page 191   View pdf image (33K)   << PREVIOUS  NEXT >>


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