THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1837.

ballot at their first meeting in April and October, and
in such manner as said society may appoint.

CHAP. 54.

SEC. 3. And be it enacted, That the said corpora-
tion shall be able and capable in law to purchase, take,
have and enjoy to them and their successors, property
both personal and real, and the same at their pleasure
to dispose of in such manner as they may judge most
conducive to the charitable uses of said society; pro-

Estate.

vided nevertheless, that the said corporation shall not
at any time hold or possess property, real, personal or
mixed exceeding in total value the sum of ten thousand
dollars.

Limitation.

SEC. 4. And be it enacted, That all appointments
of officers for the said society heretofore made by the
members in their private capacities, shall respectively
continue and be in full force until the time specified by
this act for their first election of officers for the corpo-
ration.

Present Officers.

SEC. 5. And be it enacted, That if at any time it
may be thought necessary to dissolve this society, a
provision to that effect shall be laid on the table in writ-
ing at a stated meeting of the society and may be dis-
cussed at the next stated meeting, but shall not finally
be decided on in the affirmative while seven resident
members dissent therefrom: provided nevertheless, that
no such dissolution shall operate to impair or invalidate
any contract before that time made, or to effect a suit
then instituted or to be instituted by or against such
corporation.

Method of dis-
solving.

SEC. 6. And be it enacted, That nothing in this
act shall be so construed as to authorise the said corpo-
ration to issue or put in circulation any negotiable note
or notes payable to bearer, or notes in the nature of
bank notes.

Banking prohi-
bited.

SEC. 7. And be it enacted, That this act shall con-
tinue and remain in full force until the year eighteen
hundred and seventy-five, and to the end of the next
General Assembly that shall happen thereafter, or un-
less the society is dissolved by the members thereof as
provided for in the fifth section.

Limit 1875.

SEC. 8. And be it enacted, That all process that
may be hereafter instituted against the said society
shall be served on the president, vice president or trea-
surer, or either of the stewards, on behalf of the same.

Process.