1849.

LAWS OF MARYLAND.

CHAP. 468.

Officers — how
and when to be
chosen.

SEC. 7. And be it enacted, That the officers of said
association shall consist of a president, vice-president,
treasurer, secretary, and 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. 8. And be it enacted, That nothing herein
contained shall be construed to grant banking privileges
to said association, or the right to issue any note of the
nature of a bank note.

Reservation.

SEC. 9. And be it enacted, That the right is hereby
expressly reserved to the General Assembly of Mary-
land, to alter, amend or annul this act of incorporation,
at pleasure.

Acts made
valid.

SEC. 10. And be it enacted, That the acts of said
association, and of the members thereof, as such, which
do not exceed the powers to them 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.

CHAPTER 468.

Passed Mar. 9,
1850.

An act for the benefit of Philip Deatz and Richard B.
Turner, of Montgomery County.

Have benefit.

Be it enacted by the General Assembly of Maryland,
That Philip Deatz and Richard B. Turner, of Mont-
gomery county, petitioners under the insolvent laws of

Provisoes.

this State, be entitled to the benefit thereof; provided,
they satisfy Montgomery county court, that they are the
persons who are named and described as and professing
to be parties to the deeds conveying their property and
effects to the trustees therein named, file with their peti-
tions, a certificate of which fact was omitted in the ac-
knowledgment of said deeds; and provided, they have
complied with the said laws in all other respects