1849.

LAWS OF MARYLAND.

CHAP. 142.

Objects of the
corporation.

SEC. 2. And be it enacted, That the said corporation
shall have power to take and hold real and personal
estate, and securities not exceeding in value, at any
one time, the sum of twelve thousand dollars, which
properly shall never be divided among the members
of the said corporation, but shall descend to their suc-
cessors, to be applied for the relief of the sick and
distressed members of said corporation, and for the
relief of the widows and orphans of its deceased
members, and the promotion of these objects gene-
rally.

To make bye-
laws.

Proviso.

SEC. 3. And be it enacted. That the said corpora-
tion shall have power to make bye-laws, and the same
to alter and amend at pleasure; provided, that such
bye-laws do not conflict with, the laws of this State,
or the United States, or with the laws of the Grand
Division of the Sons of Temperance, of the State of
Maryland.

Banking forbid.

SEC. 4. And be it enacted, That the said corpora-
tion shall not be allowed to issue, any note, token, de-
vice, scrip, or other evidence of debt, to be used as a
currency.

Right reserved.

SEC. 5. And be it enacted, That this act of incorpo-
ration shall continue and exist for thirty years from
the passage, hereof, and that the Legislature reserves
to itself the right to alter and annul the same at plea-
sure.

CHAPTER 142.

Passed Feb. 25,
1850.

An act to revive an act entitled, an act to incorporate the
Mutual Insurance Company of Anne Arundel coun-
ty, passed at December session, eighteen hundred
and forty-seven, chapter two hundred and twelve.

Revived.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That the act entitled, an act to incorpo-
rate the Mutual Insurance company of Anne Arundel
county, passed at December session, eighteen hundred
and forty-seven, chapter two hundred and twelve, be
and the same is hereby revived.

Directors —
how and when
elected.

SEC. 2. And be it enacted, That the period of
election of directors of said company, shall be the first
Monday of May, eighteen hundred and fifty, and annu-
ally thereafter, and the duties imposed by the second