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Session Laws, 1842
Volume 594, Page 24   View pdf image
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LAWS OF MARYLAND.

1842

matters and demands, of whatsoever kind, nature or form
they may be, to make, have and use one common seal, and
the same to alter at pleasure, and all and every other mat-
ter and thing in as full and effectual a manner, as any other
person, persons, body politic or corporate, within the State

CHAP. 28.

in like cases may or can do.
SEC. 5. And be it enacted, That the yearly value of the
messuages, houses, lands, tenements, rents, annuities or
Other hereditaments and real estate of said society and cor-
poration, shall not exceed thirty thousand dollars, current
money, and all gifts to said society and corporation after
the yearly value of said estates shall amount to thirty
thousand dollars as aforesaid, and all bargains and pur-
chases to be made by said corporation, which may in-
crease the yearly value of said estates above or beyond the

Yearly va-
lue not to
exceed thirty
thousand dol-
lars.

aforesaid sum, shall be absolutely void and of no effect.
SEC. 6. And be it enacted, That the said society, shall
have power to determine the amount in money, which each
person shall pay on being admitted a member of said society,
the amount of monthly, quarterly, and yearly contributions,
which each member of the society shall pay for violations
of the laws of the society: regulate the distribution of the
funds of the society among the members and their families;
whom sickness or misfortune may render proper objects of
the benevolence of the society, in the manner prescribed by
the constitution of the society; to make rules and regulations
for the admission of members, and for the expulsion of those
whose misconduct may render them unworthy to remain
members thereof, and to make such rules and regulations,
as the consider necessary and expedient, to accomplish the
object of the society, and are not repugnant to. the laws of
Maryland; provided, that no alteration in, or amendment to,
the constitution shall be considered valid, unless proposed
for consideration, at the next regular meeting, previous to
its adoption: and unless two thirds of the members present,
concur in such alteration or amendment.

Power to re-
gulate said so-
ciety.


Proviso.

SEC. 7. And be it enacted, That nothing in this act shall
be so construed as to authorise the said corporation, to issue
any note, token, scrip, device, or other evidence of debt,
to be used as currency.
SEC. 8. And be it enacted, That this act of incorporation
shall endure for thirty years unless sooner repealed by the
General Assembly.
4

Issues forbid

To endure for
30 years.



 
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Session Laws, 1842
Volume 594, Page 24   View pdf image
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