1849.

LAWS OF MARYLAND.

CHAP. 315.

and every benefit that he might otherwise have become
entitled to.

Amendment or
alteration.

SEC. 1. 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 unaltera-
ble, by a general meeting of the members of the asso-
ciation, convened in pursuance of public notice, given
in at least one newspaper published in the city of Balti-
more, 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 alter-
ing its constitution and bye-laws, or either of them.

Officers — how
and when cho-
sen, &c.

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 holding no other office in the
association, to be elected at a general meeting to be held
annually, 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 as it may deem expedient,
and in such manner, and at such time as it may deem
proper.

Banking forbid.

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

Right reserved.

SEC. 10. And be it enacted, That the right is hereby
expressly reserved to the General Assembly of Maryland,
to alter, amend or annul this act of incorporation, at
pleasure.

Made valid.

SEC. 11. And be it enacted, That the acts of said
association, and of the members thereof as such, which
do not exceed the powers to it granted by this act of
incorporation, and which have hitherto been done, be
and they are hereby declared and made valid and effec-
tual in law.