1838.

LAWS OF MARYLAND.

CHAP. 333

Groome, Joseph Wallace, Henry Bollingsworth, and
all others who now are, or who may hereafter become

members of the institution agreeably to such rules and

regulations as now are, or may from time to time, be

established, for the government and management of
the same, and their successors and assigns, be, and

they are hereby created a corporation and body politic,

Name and style.

by the name and style of The Elkton Lyceum, and by

that name shall have perpetual succession, and shall

Legal capacities.

be able and capable in law to sue and be sued, plead

and be impleded, answer and be answered in any

court of law, or equity, and to make and use a a com-
mon seal and the same, to change and alter at plea-
sure, and to ordain and establish such by-laws and
regulations not contrary to the constitution and laws
of this State, and of the United States, as shall be ne-
cessary and convenient for the conducting the affairs of
this institution.

General powers

conferred.

Sec. 2. And be it enacted, That the said corporation
and their successors by the aforesaid name, shall be,

May hold estate.

and they 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, pensions and other hereditaments in fee
simple, or for a term of years, for life, or lives or
otherwise, and also goods, chattels and effects of what
nature, kind, or quality soever, and by the name

aforesaid, to do and execute all other things touching

Limit $20, 000.

the same; provided, that the total value of the proper-
ty of the said institution, real, personal and mixed,
shall not exceed the sum of twenty thousand dollars.

Commissioners na-

med.

Sec. 3. And be it enacted, That Amos A. Evans,
George R. Howard, John Partridge, Amos T. For-
wood, Hiram McCullough, and John A. Rankin, be,
and they are hereby appointed commissioners who, or

Take subscription.

a majority of whom, may at such times and places as
they, or majority of them shall decide upon, open
books, and receive subscriptions to the capital stock of
said Elkton Lyceum, in shares of five dollars each, to
any amount not exceeding eight thousand dollars, and
every person who shall become the holder of or become

entitled to one or more shares of the said stock, shall

Membership.

thereupon become a member of the said Elkton Lyceum,
hereby incorporated, and every person on being dives-