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Session Laws, 1849
Volume 613, Page 401   View pdf image
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PHILIP F. THOMAS, ESQUIRE, GOVERNOR.

1849.

all benefits until such security is given, or until he be-
comes thereto entitled, by the provisions of such consti-
tution, without giving security.

CHAP. 312.

SEC. 5. And be it enacted, That all persons at any

time members of said association, and who may not
have withdrawn therefrom in accordance with the third
section of this act, shall be jointly responsible to the
other in embers thereof, for the benefits to which they
may become entitled by the provisions of this act, or by
the constitution and bye laws of the association.

Responsibility
of members

SEC. 6. And be it enacted, That the said associa-
tion shall have, and are hereby invested with full power

and authority to make any bye-law or bye-laws, where-
by any member thereof, failing to pay the assessments,
according to the constitution and bye-laws of the associ-
ation, until the tines imposed for such neglect or refusal
equal in amount the entire sum of the assessments paid
in by such member, may be excluded from all and
every benefit that he might otherwise have become en-
titled to.

To make bye-
laws.

SEC. 7. And be it enacted, That the constitution and
bye-laws of said association shall only be amended or
altered, saving however the condition expressed in the
fifth section of this act, which shall remain unalterable,
by a general meeting of the members of the association,
convened in pursuance of public notice, given in at least
one newspaper published in the city of Baltimore, when
each member present. shall have one vote, and two-thirds
of the votes thus given shall decide, and any alteration
or amendment of the constitution or bye-laws that may
be thus made, shall be binding on all the members of
the association, thus amending or altering its constitu-
tion and bye-laws, or either of them.

Alterations.

SEC. 8. And be it enacted, That the officers of said
association, shall consist of a president, vice-president,
treasurer, secretary, and a standing committee, consist-
ing of several members, no other office in the associa-
tion to be elected at a general meeting to be held annu-
ally, and a majority of the members present shall be
necessary to a choice, the association shall also have
power to fill vacancies in any of the said offices, and to
appoint such other officers us it may deem expedient,
and in such manner, and at such time, as it may deem
proper.

Officers — how
and when cho-

sen.

SEC. 9. And be it enacted, That nothing herein
contained shall be construed to grant hanking privileges
to the said association, or to issue any note of the nature
of a bank note, to be used as currency.

Banking forbid.



 
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Session Laws, 1849
Volume 613, Page 401   View pdf image
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