1842

FRANCIS THOMAS, ESQUIRE, GOVERNOR.

CH Ar. 37.

Incoproration.

William Pierce, William Rusk, David W. Hudson, Nathl.
Hall, Thomas H. Duvall, Francis Luke, Richard Fonder,
Frederick Davis, Augustus Ollivane, Solomon I. Williss,
William B. Boyd, Samuel Bowen, Thomas H. Willis, James
E. Foreman, William L. Wisebough, Edward M. Kellum,
William D. Roberts, .N. Merryman, James Quay and Tho-
mas Quay, members of the said company, and such other
persons as are now, or may hereafter become members of
the same, shall be and are hereby declared to be one com-
munity, corporation and body politic, by the name and style
of The La Fayette Hose Company, and by that name they
shall be, and are hereby made able and capable in law, to
have, purchase, receive, possess, enjoy and retain to them
and their successors, lands, tenements, rents, annuities, or
other hereditaments, and the same to grant, devise, alien,
or dispose of, in such manner, as they may judge most con-
ducive to the interest of the company; provided neverthe-
less, that the said corporation or body politic shall not at
any time hold or possess property, real, personal or mixed,
exceeding the sum of twenty thousand dollars.

Corporate
powers.

SEC. 2. Be it enacted, That the said company and their
successors, by the aforesaid name, shall hereafter be able
and capable in law, to sue and be sued, plead and be im-
pleaded, answer and be answered, defend and be defended,
in all or any courts of justice whatsoever, and also to have,
make and use a common seal, and the same to break, alter
and renew al pleasure, and also to assemble and meet at
such time and places as they may agree upon, and to or-
dain, establish and put in execution, such bye-laws, ordi-
nances and regulations as to them shall seem conducive to
the interest of said company, and necessary to the good
government and orderly management thereof, the same not
being contrary to the laws of this state or of the United
States, or of the mayor and city council of Baltimore; and
generally to do and execute all such acts, matters and things
as to them shall or may appertain to do.

Banking for-
bid.

SEC. 3. And be it enacted, That nothing in this act be
construed so as to authorise the said corporation to issue
any note, token, device, scrip or other evidence of debt, to
be used as currency.

Rights reser-
ved.

SEC. 4. And be it enacted, That this act of incorpora-
tion shall enure for thirty years from its passage, and that
the legislature reserves to itself the right to alter or annul
this act of incorporation at pleasure.