1845.

LAWS OF MARYLAND.

CHAP. 192.

and when our system of internal improvements by canal
and rail roads shall be completed, will call for increased
facilities for their profitable exportation; and whereas,
it is believed that this increase and accumulation of arti-
cles suitable lor export, has actually made the city of Bal-
timore the largest tobacco market, and bid fair to make
it, at no distant day, the largest provision market in the
United States; and that these great elements among
ethers of a valuable foreign trade would be further in-
creased, if means can be devised to export them from this
State on terms as favorable as can be obtained elsewhere;
and whereas, large steamers employed as regular packets
between Baltimore and Liverpool, and Bremen, and
Havre, and other ports, of a size sufficiently large to car-
ry, with profit, large cargoes and passengers at reduced
rates, would place this State ahead of all others in afford-
ing these facilities, and ultimately secure to it a pre-
ference otherwise commanded by its central commercial
position.

Incorporated.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That for the purpose of realising these advan-
tageous results, William W. Spruce, G. R. Wilson, James
Harwood, C. Hughes Amistead and John K. Randall be

and are hereby appointed commissioners to carry this act
into effect; and that said commissioners, their associates
and successors are hereby made a corporation, by the

Name.

Legal capaci-

ty.

name of the Commercial Mutual Insurance Company of
Maryland, for the purposes hereinafter mentioned; that
the corporation hereby created shall by the same name
have succession, and shall be able to sue and be sued,
plead and be impleaded in all courts of law and equity,
in this State and elsewhere: and to make and have a
common seal, and the same to break, alter and renew at
their pleasure.

Select 5 suita-
ble persons
&c.

SEC. 2. And be it enacted, That the above commis-
sioners are hereby empowered, to select five other suita-
ble persons, friendly to the object of this act, to act joint-
ly with them as commissioners to carry the same into
effect; and the persons so selected, whose names shall be
announced as such in all the newspapers in the city of
Baltimore, are hereby appointed and constituted commis-
sioners jointly with those named above, in the same
manner as if their names had been inserted in this act.

Meet — organ-
ize.

SEC. 3. And be it enacted, That it shall be the duty
of said ten commissioners to meet after the passage of this
act, and to organize the company by the appointment of a
president, vice president and secretary.