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Session Laws, 1846
Volume 611, Page 341   View pdf image
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1846.

LAWS OF MARYLAND.

CHAP. 352.

Repealed.

SECTION 1. Be il enacted by the General Assembly of
Maryland, That the act passed at December session,
eighteen hundred and forty-five, chapter three hundred
and seventy-two, entitled, an act to incorporate the pre-
sident and directors of the association of Active Firemen
in the city of Baltimore be, and the same is hereby re-
pealed.

Body corpo-

rate.


SEC. 2. And be it enatled, That John Dukeard, of the
Mechanical; Thomas W. Levering, of the Union; Daniel
Super, of the Friendship; Samuel S. Briggs, of the
Deptford; Joshua Vansant,of the Liberty; Samuel Kirk,
of the Independent; Edmand Mitchell, of the Vigilant ;
David Ireland, of the New Market; John Henderson, of
the Columbian; George W. Flack, of the First Balti-
more; Anthony Mittenberger, of the United; James-
Young, of the Franklin; Phillip T. Turfield, of the
Washington; Andrew E. Warner, of the Patabsco;
Francis A. Miller, of the Howard; Henry E. Barton, of
the Watchman; John Pickell, of the Lafayette; and
Thomas M. Locke, of the Baltimore United Fire De-
partment, together with the subscribers to the stock of
the association, and their successors, shall be, and they

are hereby declared to be a body politic and corporate,
by the name and style of the President and Directors of
the Associated Firemen's Insurance Company of Balti-
more, and by that name, shall have perpetual succession,
and be capable in law to sue and be sued, plead and be
impleaded, answer and be answered, defend and be de-
fended, in all courts of law or equity, or elsewhere; to
make and use one common seal; and the same to alter or
renew at their pleasure, and generally to do and perform
all things relative to the object of this institution, which
now is, or shall be lawful for any individual or body po-
litic or corporation to do.

Capital stock
to consist of
$67,500.

SEC. 3. And be it enacted, That the capital stock of this
company shall consist of a sum not exceeding sixty-seven
thousand five hundred dollars, divided into thirteen thou-
sand five hundred shares at five dollars each, two dollars
to be paid at the time of subscribing, and one dollar in
sixty days after the company shall have gone into opera-
tion, one dollar in sixty days thereafter, and a further
instalment of one dollar in sixty days thereafter; pro-
vided, that the president and directors may, from time to
time, in their discretion, increase the capital stock to a
sum not exceeding three hundred thousand dollars, di-
vided into shares of five hundred dollars each; and should
any stockholder refuse or neglect to pay an instalment



 
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Session Laws, 1846
Volume 611, Page 341   View pdf image
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