The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1867-03-02
LOCAL MATTERS.


lion ~ this town
A mn Ehhiied, az iu O. hcprporl', a. I'M !
svi,ioph SifiHg. h.'irs'.aH.
Srcnog I. ~ Il enacted Ly tnf G,nrrdi Assssl- !
uy q Maryland, TIA, GrailoL II. l!osicy Edw.
II. Ady, Joshua Jcssop Joshua Marsh, Dennis NJ.
Mat,hcws. Gcorgc II Mcrrymnn, John II HITLER,
John q. booth, Edward =. foarcc, BENJAMIN \.
Payne, D e. a. Emory H. } Cuttings Samuel
l,rady Lewis Roberts. ChaI. u. Chew, Joshua
=. Cockyy, chatlcs 4 Harvey William ; kccch
John VI Wheeler. William II Isaac, Gcorgc \.
Smith, STEPHEN ". falls, James y. Henderson.
Lewis n Wheeler, Joshua L c. Talbot and Eli
ward Rider. Jr ani all aud every person OF per-
sons who arr ~ shall bccomc mcmbeis Of thu
Towsontown Savings Institution IN the manner
hereinafter mentioned. shall be- nni arr hereby
created and made body corporate, by the aamC
and style ~ the Towsoniown Savings Institution
which institution shall De- always located ~ Ton.
s0ulOwu. In baltimore county, aud by that name
shall have succession aud b. capable 10 law 60
hold aud dispose Of property to SUI anl be sucl
plead and he impealcd answer and defend aud
he answered aud defended in courts OF law and
equity, and In any other place. 10 tccciv, nna
make all deeds Transfers contracts covenants
c0nvcyanccs and grants whats 0rycr. 20 make
have ard use a rnnmou seal and the same "a
change and renew NJ pleasure, uad generally 90
do every oiiicg act 81 thing necessary 'n 'nrfy
into olicci the provisions ~ tbs Ac,. o. 70 pre-.
NioW VIC At.tkN ~ NtalEN 90 rAM tNlIuIhAuN
SIC :. inid r,..1-i.f. Tina tLclc .ha,. o.
- ricct.n. o; thc u'cmh,rsuI sad gogpoiaiiun VI
ssch !as no tile month Of April next and % 81,
;'l.c a iie ,ictsuus first ahnyC NAMED or = iGi
orty 81 iatia. shii appoint. ct which nH, 'iaa
the, shall ,;sc u least two wu... notice by all
vciti cement 10 a. rshlir urw '.opct. PRINTED and
uubi.,ic,. ia Baltimore counly nd on such -
iAy IL Tie mont q. Arril annually Thereafter
arl NJ zach Pine, is 'hr hv-iaw5ai snid corr 1fl.
ton .hnii rruti,o. for 10" rugio' u choosing
'guu aiuOFg thr inrin,.ts sryca directors in man
i..r lie a'ii.s6 ~ tAg saii CORPORATION .Ug one
year thereafter. aai uniii anew election o. duo
tors shall take place and tie !cfsous tisi abo,'
named az u majority ui tncin ,ha.l u, tAt '41L"s
81 tho first election 81 directors ana ihr iaisa.
OF al sGhsegucn, ,lc,inns shat. be- appreciated
aud tie noiicr al 'u,' elections given aHA ~"
saiuc shall De- cInlnct'. ia 'lcA mInH,s ils
hy-iaws shall rroyii.
SEr. B irfts = i.t,s y. Ina, thr di.r,fo.s ilr
the time hcinr os a MAJORITY 81 'heni. han hay
powcg 10 elect itrsi!.ui 't"in ihcir OWL hoiy.
cr ftnn tie other ,ariubcs. % ia al vacancies
that may uccur ~ the Directors OF Presidency 70
apron, 40 sgch officer, .-tnf- ct servants d.
they stall i,.'u necrs 'iry a. coudgc; % execute
the businc obi. sid CORPORATION, 10 ia tlgit COM
iicus,tion ~ i,n ili"l discretion to lismiss them
~ lsi.c bonds Tor tho iaid Dasl Oia'iuu from al
" any Of the officers agents ui servants b" them
80 appointed IT'D t.r.f'r conditional IN such
forms ihoy shall approve for TIE iaihiul eNt-
cu;iOu uf 'hg iUils of such oi,ic,ts agents or
servants aud 90 e,arc the said corporation from
loss, u rcguai, Tire niau.", OF making AMI re-
ccivins DEPOSITS. tho forms o certificates iu b.
issued 20 l.vo.iogs au' thc mn,iy 81 transferring
the sauiC. 20 .aS,5; tie i.ils ot said ,aspntaiDu
and gc:, r.,l' 70 ,lo az. such u,lsl i,i. tOicang
the same a. O.. ,n.l. 1e'i w's; sli tul atu,-
fetal, ;u admit iacmhofs ..' '..ri-l proc, -
such admission 81 cNcluGr ia,tau"l. atcu 'Eey
d t-rs g.
generally 90 pa a.. -..f. N.-..". .ty Boo nc-
| cesshty Tor ''r cyo.ti. a. ID, .i"r'- ;sur.s.
or the Powers Vcs..i 100 20. -,it ,ptrnrt.au lsa
the Same tf-ilW, FROM $3.50. 80 ..4.. % ..cl ta.
fcI'ea ,r..t' , ialt a.l sY,t r.-.tw. ms. tr
altered aud ."l~A.ca ~ nnou;. %. IT, ,l-'a-
hcis assembled ~ auv tra.ti Hcciiuc 90 10 .ay
general 'n.tt.u.. caiic.i %. f.l.uaG" %; ans ~
laws nAdo ia' tina, purpose, and majority o.,
tic incinbc' present a. aa! ann4a. ps genera.
meeting inar pasi h,-ilHs Which ,ua.. ur % +
,ag UPON ile directors g..tiiR Q. ia.S % -
ht-ilws ,.i..' no. contrary q. 1ut aw ~ 'a's
STATE o. %: IL, United stale.
~ g. All b. Eu.ic' z Tnai every i-r,oi o.
persons hc shall b. Wrckiy lcros l;os o. s4ii
corpuiaton. AMI wuu .ua,. nr.r ..ci...'c. uat
les than io.la' for each ~r,k 'ai 'st f,.3ul
" 'cn weeks shal. ihcicuy bcrnm- mtntc. ni
said CO. rorIuou and shall have Sigh. 20 i,qu.rr
and receive from the Pr,si.l-a, iie.,,f os other
officer ~ ,hCii behalf Is iar hs-isws appointed
and designated q certificate %. mrluhCr hap. e.l
the person - hccUuiin- ! incr.bci. shall 50 long
rs his said amount 81 tcitos'' -ia! remain with
the gail corpo. giian BE- eat '.,l 90 al the rights
and privilege tcloI-i:c 20 member OF stil cot
pogaIiun uuder ,la rgosii,oa, 81 this Act, and
gricr ruy hr-'a@s u. he atll corporation gal
the regular wcr.iv deposits o.: ans T.inbe. ~
said corporation. shall 81 no cis, cNn,ei Sac IN
Of ten dollars ;oi any woes. ari ,ic Whole
amount Of such deposits D, ans 'nd mcnhr.
shall IN no ease eN"ccd ihr s1a %: a,c iaou-
sand ao'lyr3 ui t,t,i y~.,ff . that
nothing 70 'his At .1u;trcl s'a.i 3, 90 con.
s'Fgci ~ g. ro"'T lr'uri, oa she directors
" s'u"khodt.t. e. tsv re .t ty.iaw 20
restrict q, imi' 81" number n ,A.t i.u,,iiois
Who msy !csgc Ga iciar' -. nrroiuc mem.
ocFs o. sal! corfoTaiipn lr.'aid i...,ty.
that the aiHcgH; paid IN u.s. e.r. irno'iior rc not
les than one b.. q; Ter week and ;'t.: they N
az. 'hiuc' c',rY.y siih the provision nf ;his At
anil IT." RAJ, and hy.law wti,a may from time
90 time .. adopic,.
SHc. p. .iHfb. Z sngr.,i TIA; ,ac a.i e".;.ala.
lion shai! tc capable e. .rcciyy from any pr.s,n
OF persons, any deposit % deposits 81 none; and
20 as- Mi rpu"r5 ao g.cc'yri 10 tisvagut'ue
noios &c 81 90 iny,-' 'hc saslo 20 n.ba, '1'a
or other securities ~ Sac dis;tcl.pi O.: gA' i.tc,.
tors according 70 tn hs-laws and 10 s.icl man.
ncr a. ihc, icem mos: safe and beneficial. anil
The saii corporation sha,. rc ca!ahiy o: receiving
from an person o. parsons ans transient dcpOs-
u OF deposits Of Mons which mid dcpoi:; OF de-
pOsiis shall be- subject ~ ilir checks fom time
10 time Of ihc fc. ~. ~ per 20. making ;hc auc.
pr. r,f iAa' 30 p!rs,leu'. p's,c'ur % oii.c! VI
the said corporation 'nall borrow muney from ,hc
saint. hui ordinary it..laE 81 the Institution i.
the sale and p;.icha.c o! bills o. cychaugr note
Of hand az specie hal nut D" considered aottow-
ing within tie meaning ~ tbs Aci
Ss o.. .iad b, H.nici,i. Tia; % bal. To- the
duty % the directors 81 lcasl once 70 oyrr, s.N
months 10 appoint from he me,nhc.s % ihc rug-
roraiiou ave cniniclc.. rcT.1a. 'o invc- ustic
'he Affair. OF said corporation ant ~ inakc re-
port thereof which report sinai. ao frtpric. iu n
book kept Got TIM, purpose, taa' stall be- alcu
for the inspection ~ al TIMES 90 aus iein,ijnr
o' member and IL shall 90 the lu,y 90 ,hr hi.
rcciors on the first MONDAY of April aui ou tue
htst Monday O! October IN each 4al every scai
TO make and declare 'uci dividend % She ptpa's
~ shall have tccr. mAac Us 'hr ,grtsiMclis Acsc.
inteforc provided i"f aiies payins iho EXPENSES
OF tnt institution, aud the same 90 pas over 90
the nembeis of the said corporation % their ie.
gal representatives within ten days thereafter
sat. :. futile ,nar'si That the lands tene-
meats aud Establishments which Il shall b. lawful
FOL the said corporation 10 hold shall De- only
such Is shall be- requisite iof ~ immediate ac-
c0mniodaiion ir relation 20 the convenient trans
action of its 6usincs and sucn a. shalt have been
bona tide mortgage. uF conveyed 20 ., hy way 81
security 90 in 'aiiiiaciiou ~ icb,. contracted IN
the course " ii dealings OF purchases NJ sar nr.
ON Judgment which hall have hccn obtained fof
such debt
SIZE. =. Aai b. . ssaci,.i Tha, every weekly le.
position who shall have deposited one o, inoFv
dollars per week In tho Towsontown Savings IL.
siiin,ion for ten weeks upwards In the manner
authorized by the Act, NAV a, his or her option
by signing an agreement ~ that effect IN q book
To bc provided and kept at the Office u ,h" insu.
luton for tile NufNUgs convert tho aufnf M apt
adequate portion thereof into q share Or shares 81
stock Of the pai value 81 ten dollars each. whi-h
stock shall b. a capita stock ~ he institution
Lnl die lnl....iI ....I.i ..-... -.