clear space clear space clear space white space
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1849
Volume 613, Page 265   View pdf image
 Jump to  
clear space clear space clear space white space



SEC. 8. Be it enacted, That all persons who shall
insure with the company, and all holders of scrip, or
dividend certificates, and all holders of the stock of said
company, in the event of such being issued, shall there-
by become members thereof, during the period they
shall remain insured, or hold said certificates, or stock,
and no longer.

CHAP. 222.

Of whom com-

SEC. 9. Be it enacted, That all meetings held by
the members of this corporation for the choice of direc-

tors, or other business, any holder of stock, and any
holder of dividend certificates, or unexpired policies, or
any person who may have advanced notes in manner
heretofore stated, which said stock, notes, scrip, certifi-
cates or premiums unexpired on policies, shall respec-
tively amount to the sum of one hundred dollars, shall
be entitled to one vote, and every member, as aforesaid,
shall be entitled to one vote for every even one hundred
dollars which he may hold aforesaid, and the voting
power of members shall be determined by the board, five
days previous to an election; absent members may vote
by proxy.

Voting regula-

SEC. 10. Be it enacted, That a special meeting of

said company shall be called by the president and direc-

tors, upon the application, in writing, of twenty mem-
bers, notice of which shall be given, for ten days suc-
cessively, in two of the newspapers of the city of Bal-

Meetings, how

SEC. 11. Be it enacted, That for the well ordering

of the affairs of said company, and to carry into full ef-
fect the purposes of this act, there shall be a board of
directors, to consist of twelve persons, who shall he
members of said corporation at the time of the election,
and residents of (he city of Baltimore, said directors
shall be chosen annually, and shall, as soon after the
annual election as may be, elect a president, fix his sa-
lary, define his duties, and exercise generally all the
powers usually conferred upon or possessed by a board
of directors in incorporated companies, and as may seem
to be proper to give full and entire effect to this act.

Officers — how
and when cho-
sen, &c.

SEC. 12. Be it enacted, That the first annual elec-
tion, on a day to be fixed upon by the persons named
in this act as the temporary directors, which day
shall, however, not be later than thirty days after
the organization of the company, as provided for in
the third section of this act, which days, so fixed
upon, shall thereafter he the day for holding the reg-
ular annual election, notice of first said annual meet-
ing, and of all future annual meetings, shall he
given in at least two daily papers in the city of Bal-

Annual meet-
ing, when held.

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1849
Volume 613, Page 265   View pdf image
 Jump to  

This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.

Tell Us What You Think About the Maryland State Archives Website!

An Archives of Maryland electronic publication.
For information contact

©Copyright  October 10, 2023
Maryland State Archives