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Incorporated.
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SECTION 1. Be it enacted by the General Assembly
of Maryland, That Benjamin De Ford, Charles E.
Hardesty, Benjamin M. Hodges, jr., John D.
Kremelbery, Hugh A. Cooper. Thomas F. Troxel,
Evans Rogers, William T. Young, Lambert Git-
tings, William Kenedy, John Brandell, Joseph O.
Foard and Charles A. Berry, their associates and
successors are hereby made a corporation by the
name of the Southwestern Mutual Insurance Com-
pany of Baltimore, with full authority and power
to make insurance on vessels, merchandize, freight,
specie, bullion, commissions, profits, bank notes,
bills of exchange and other evidences of debt, bot-
tomry, ad respondentia interests, and all other per-
sonal property at sea, on land or water, or connected
with risk of conveyance by sea, land or water, and
to lend money on bottomry and ad respondentia in-
terests, and generally to transact all business, en-
ter into all contracts, and to take all security for
and relative to the objects aforesaid, and to cause
said company to be reinsured, when deemed expe-
pedient, against any risk or risks on which it may
make insurance; and the corporation hereby crea-
ted, shall, by the same name, have succession, and
shall be able to sue, implead, and be impleaded
all courts of law and equity in this State or else
where, and to make and have a common seal, and
the same to break, alter and renew at their pleasure.
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Organization.
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SEC. 2. And be it enacted, That the persons named
in the foregoing section are hereby constituted and
appointed a board of directors of said company un-
til the first election of directors as hereinafter pro-
vided for, shall take place, and that it shall be the
duty of said directors, or a majority of them, at
their first meeting, to begin the organization of
said company by the appointment of a president
and secretary, and that they shall have power to
establish their salaries, fill vacancies in their own
body, make by-laws, and possess all the other pow-
ers conferred upon the directors by this act.
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