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Session Laws, 1840
Volume 592, Page 26   View pdf image
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WILLIAM GRASON, ESQUIRE, GOVERNOR.

1840.

room and lecture rooms, and all necessary apparatus for
the use of the same — therefore,
SECTION 1. Be it enacted by the General Assembly of
Maryland, That Samuel Peaco, John, John Archer, Jo-
seph W. Abrahams, Jacob Tome, James E. Blackiston, and
all others who are or may be hereafter admitted into the
association, their successors and assigns, be and they are
hereby constituted a body politic and corporate, by the
name and style of the Port Deposit Library Association;
and by that name shall have perpetual succession, may sue
and be sued, plead and be impleaded, answer and be an-
swered, defend and be defended, in any court of record, or
any other place whatever, and have and use a common
seal, with power to purchase and receive and hold, they
and their successors, forever, any lands, tenements, rents or
goods and chattels of what kinds soever that may be pur-
chased or devised or given to them for the use of said as-
sociation, and lease, rent, or otherwise dispose of the same,
in such manner as to them shall seem most conducive to
the association.

CHAP. 31.

Individuals in-
corporated.

Name and style.

Legal capacity

SEC. 2. And be it enacted, That the stockholders or their
successors, or a majority of them present at any meeting,
shall have power to appoint such officers as they may think
necessary to manage the affairs of the association, and shall
have power from time to time, to make and establish such
by-laws, rules and regulations not contrary to the laws and
constitution of this State or of the United States, as they
may judge necessary for the government of said associa-
tion.

Appoint officers.

By-laws.

SEC. 3. And be it enacted, That until there shall be, un-
der this act, an election of officers necessary to the use of
this association, those now acting or may be hereafter ap-
pointed to act under any existing regulation of the associa-
tion heretofore made, and such regulation shall, till lawful-
ly altered, be deemed as valid and obligatory as if made
since the passage of this act.

Temporary of-
ficers.

SEC. 4. And be it enacted, That the association shall have
power to increase the number of shares if necessary, and
to enforce the payment of any sums due, or that may be-
come due by subscriptions, fines or defalcations, by war-
rant before a magistrate, or by suit in any court of record
according to law.

May increase
shares, &c.

SEC. 5. And be it enacted, That the officers and directors
necessary to manage this association, shall be elected an-
nually from among the shareholders of this association, who
may be re-elected as often as the shareholders shall think

Annual elec-
tion of officers.



 
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Session Laws, 1840
Volume 592, Page 26   View pdf image
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