1838.

CHAP. 238.

CHAPTER 238.

Passed Mar. 18, 1833 .

An act to Incorporate the Mount Prospect Savings Institu-
lion, in Washington County.

Persons incorpo-

rated

Section 1. Be it enacted by the General Assembly of
Maryland, That John Brien, Dennis O'Byrne, D.Biclenger,
Christian Stonebreaker, Peter Miller, John Yates, G. B.
Wager, N. S. Braden, Joseph L. Smith, Edward Garrett,
Samuel Clagett, Hezekiah Bateler, John Cost, Richard
Johnson, James Hook, and all and eveiy other person or
persons hereafter becoming members of the Mount Pros-
pect Savings Institution, in the manner hereafter men-
tioned, shall be, and are hereby created and made a corpo-

Name and style.

ration and body corporate, by the naine and style of The
Mount Prospect Savings Institution, and by that name
shall have succession, and be capable in 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 or equity, and in any other place, to
receive and make all deeds, transfers, contracts, covenants,
conveyances and grants whatsoever; 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 provisions of this act, or
to promote the objects or designs of said corporation.

Meting to orga-

nize

Sec. 2. And be, it enacted, That there shall be a meeting
of the members of the said corporation on such day in the
month of May next, and at such place as the seven per-
sons first above named, or any three of them, shall appoint,
of which meeting they shall give at least ten days notice,

Annual meetings

thereafter

by advertisement in the public newspapers printed in Ha-
gerstown, and on such day in the month of May, annually,
thereafter, and at such place, as the by-laws of the said
corporation shall provide, for the purpose of choosing

affairs of the said corporation for one year thereafter, and

Election of direc-

tors.

until a new election of directors shall take place; Provided,
that such election shall be made within one month from
the expiration of the term for which the preceding direct-
ors shall have been elected; and the seven members first
above named, or any three of them, shall be the judges of
the first election of directors, and the judges of all subse-
quent elections shall be appointed, and notice of such
elections given, and the same shall be conducted in such
manner as the by-laws shall provide.