594

LAWS OF MARYLAND.

name, style and title shall have continued a succes-
sion, and be able and capable in law to acquire
property, real, personal and mixed, by gift, devise
or purchase, and to hold, sell, dispose of and con-
vey the same, and to sue and be sued, plead and
be impleaded, answer and be answered, defend or
be defended, in any court of law or equity, or
other place whatsoever, and to have and use a
common seal, and the same to break, alter and
renew at pleasure, and to receive and make all
deeds, transfers, contracts, covenants, conveyan-
ces and grants whatsoever, and generally do every
other act and thing necessary to carry into effect
the provisions of this act and to promote the

Proviso.

object and design of this corporation; Provided
always, that the aggregate value of their entire
property shall never exceed ten thousand dollars.

Meeting to
be called.

SEC. 2. And be it enacted, That John A. Hop-
per, E. Alexander Taylor, Robert S. Rodgers,
James T. Sullivan, Lyttleton Green, William B.
Morgan and Charles B. Hitchcock, or a majority
of them, shall, as soon after the passage of this law
as can conveniently be done, call a meeting of the
said subscribers, having first given such notice of
the time, place and object of the meeting as to
them shall seem reasonable, at which said meet-
ing seven persons shall be elected as trustees of
the Havre de Grace Academy, who, and their
successors, shall be the keepers of the seal of said
corporation, and manage and dispose of its pro-
perty, funds and concerns, and cause regular
books of their proceedings to be kept for the in-
spection of the stockholders, and the said trustees
shall continue in office until a new election of
trustees shall take place, as hereinafter provided
for, each share of stock entitling its holder to one
voice in the choice of said trustees.

Trustees to be
elected.

SEC. 3. And be it enacted, That on the first
Saturday in May, eighteen hundred and fifty-nine,
and on the same day in each and every year there-
after an election of seven trustees shall be made
as aforesaid by the stockholders, at such time and
place, in such manner and upon such notice as
the trustees for the time being, or the rules and
by-laws of the corporation shall prescribe, but in
case any such election of trustees shall not be
made on the day appointed by law, the said cor-