ALBERT C. RITCHIE, GOVERNOR. 1365

partially free students and otherwise promoting the interest of
the free students or poor boys admitted.

SEC. 2. The said Corporation shall be governed by a board
of seven trustees; the Board shall have the right to change the
number from time to time provided that the whole number shall
not exceed nine or be less than seven. In the event of a vacancy
in the Board, whether due to death, resignation, inability to act
or otherwise, the powers of the remaining members shall not be
affected. A majority of the remaining members of the Board,
but not less than four, shall fill such vacancies. In case any
vacancy shall remain unfilled for more than one year, then the
Mayor of the City of Baltimore shall have the right to require
said trustees to fill said vacancy, and if such vacancy shall not
be filled within thirty days thereafter, the Mayor of the City of
Baltimore shall have the right to make the appointment to fill
the same.

A majority of the Board as constituted for the time being,
but not less than four members, shall constitute a quorum for
the transaction of any business.

The Board shall have power to elect from its number a Presi-
dent, Vice-President and Secretary, who shall have all the
powers which usually pertain to such office or which may be con-
ferred upon them by the By-Laws or by the Board. The Board
of Trustees of said Corporation shall, generally, have all the
powers over and with respect to the affairs of said Corporation
which are conferred by the General Laws of Maryland upon the
Directors of Maryland corporations. And said powers shall in-
clude, among others, the power to construct, alter or change
buildings, to invest monies in their control or possession in se-
curities of the United States, of States, Counties and Municipali-
ties, in mortgages, corporate bonds, notes or other securities, real
estate and ground rents; and they shall make the selection in
such manner as will in their judgment afford safe and produc-
tive investments for the funds in their hands, and shall have
power from time to time to alter and change such investments;
and to make, alter and repeal by-laws; to appoint the necessary
master, superintendent, instructors and other officers and em-
ployees, or to provide for such appointment.

SEC. 3. The said Corporation shall have power to hold, man-
age, sell, exchange, encumber or otherwise dispose of any prop-
erty, real, personal or mixed, situate in the State of Maryland
or elsewhere. The said Corporation shall have power to accept
any grant, gifts, devises or bequests made to said Corporation,,
absolutely, or in trust, for any of the purposes of said Corpora-
tion, or for any purposes germane thereto, and to execute such
trusts.