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Session Laws, 1849
Volume 613, Page 400   View pdf image
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1849.

LAWS OF MARYLAND.

CHAP. 312.

that name shall have succession for twenty years, and
shall be capable by law to hold and dispose of property,
to sue and be sued, to plead and be impleaded, answer
and defend, and be answered and defended, in all courts
of law and equity in this State, or elsewhere, to receive
and make all deeds, transfers, contracts, covenants, con-
veyances and grants whatsovever, to have, make and use
a common seal, and the same to break, alter and renew
at pleasure, and generally to do every other act or thing
necessary to carry into effect the provisions of this act,
and promote the object and design of said corporation.

Duty of secre-
tary.

SEC. 8. And be it enacted, That it shall be the duty
of the Secretary of the said association, to keep a book,
containing a copy of this act, and of such constitution
and bye-laws, as may be established for the government
of said association, and that all persons, who may be
elected members thereof, shall upon signing their names
thereto, and upon payment of such fees, charges and
premiums, as may be demanded by the proper officers
of the said corporation, be constituted members of the
said association, and as such shall be bound by all the
rules and regulations thereof, as contained in this act,
and in the constitution and bye-laws of the said associa-
tion.

Withdrawal
provided for.

SEC. 3. And be it enacted, That any member of the
said association, who has not previously received the
benefits assured to each member thereof, shall have full
power to withdraw therefrom at any time, by making
application, in writing, to the proper officers, who shall
within one month thereafter, or so soon as the necessary
sum is in the treasury, return to the member so apply-
ing the amount of his deposits, after deducting there-
from, the entrance fee, the amount of fines imposed upon
him by reason of the non-fulfilment of his duties to the
time of making such application, arrearages of assess-
menls that ho may then owe to the association of which
he is a member, and a fair proportional part of the losses
to that time sustained by the association, and of the ex-
peuses incurred in the management of the affairs of the
association.

When entitled
to benefits, &c.

SEC. 4. And be it enacted, That it shall and may be
lawful for the directors, of the association, to require and
receive from any member applying for benefit, accord-
ing to the provisions of the constitution of such associa-
tion, security in the form of a mortgage or other evi-
dence of debt, at their option, for the true and faithful
discharge of his duties as benefited member, and upon
refusal or neglect on the part of a member so applying.
to provide and give such security, to withhold from him



 
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Session Laws, 1849
Volume 613, Page 400   View pdf image
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