Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1868-07-23

iority of the Directors thereof in relation to
such stock, and that he represents them fair
ly in the premises.
Sec. II. And be it enacted, That no per-
son or body corporate shall vote by proxy on
stock held in any private corporation, unless
the person, or in case of a body corporate, the
President, Cashier, or some lawfully constitnt-
ed officer thereof, shall make oath before some
person authorized by the laws of Maryland,
or by the laws of the State where the same
shall be administered, to administer an oath
to the same effect as required by the ninth
section of this article certificate of which
oath shall be produced before the person or
persons holding said election before any vote
by proxy shall be received.
Sec 12 And be it enacted, That no per-
son shall act as Director of any bank requir-
ing that the Directors thereof shall hold any
number of shares therein, unless the said Dl-
rector, before he acts as such, shall make oath
before some Justice of the Peace that he is the
sole and bona fde owner of the stock standing
lin his name on the books of said bank, and
that the same has not been transferred, to
qualify him to serve as Director therein.
Sec. 13. And be it enacted, That in all
cases where the stock in any corporation in
this State shall have been hypothecated or
pledged by the owner thereof as security for
the payment ef any debt or loan, such person
upon exhibiting to the person holding any
election in such corporation certificate in
writing from the pawnee Of said stock, that
the same is held in pledge or by hypotheca-
ton, shall, until forfeiture, be deemed and TAX
en- to be the holder of such stock, and as such
entitled to vote the same, and every person
holding stock In such corporation, as executor,
administrator, guardian or trustee, shall re-
present the shares of stock in his hands, and
may vote accordingly, as stockholder, at
any election in such corporation.
Sec. a.. And be it enacted, That corpora
tions may be formed in this State under the
provisions hereinafter set forth, by any five or
more persons, citizens Of the United States,
and majority of them citizens of this State,
lor if unnaturalzed residents of this State,
making oath that they bona fide intend to be-
come citizens of the United States without un-
reasonable delay, who may desire to form a
body corporate or polite for any of the fol-
lowing purposes:
Glass 1.-For the creation and maintenance
of educational, moral, scientific, literary, drs-
matte, musical, social, benevolent or beneficial
societies or associations of all descriptions, of
religious or charitable societies or associations,
fire engine and hose companies, and of uni
colleges, academies, hospitals or asylumns !;
provided, such corporations are located IN this
State, and that the property which they pos
sess or acquire is located therein.
Sec. Is. Glass 2.-For the creation and
maintenance of mechanics institutes, co-ope-
rative stores or societies, libraries, public read
ing or lecture rooms, medical societies, public
hotels, public baths, dairy associations, and
agricultural or horticultural societies, fairs or
exhibitions, and companies for the packing OF
fruits, vegetables and other things; provided,
such corporations are located in this State,
and the property they possess or acquire is
located therein.
Sec. 16.-Class 3.-For buying, selling,
mortgaging, leasing, improving, dsposing of,
or otherwise dealing with land in this State,
or partly in this State and partly beyond this
State, and for the procuring, preparing for
market, transportation and selling of lumber,
timber, wood or other products Of land.
Sec. II. Class 4-For the formation of
fire, life, marine, accident, and cattle and all
live stock and other kinds of insurance COM
panies; provided they shall have their princi-
pal office in this State
Sec. 18. Class 5-For the formation of
homestead or building associations, or associ-
ations for the loan of money on real or per-
sonal property, and for the Incorporation of
associations of Fellows, Free and Accept
ed Masons, Sons of Temperance, Good Tenn
plars or other kindred associations provided,
that the property owned or acquired by
such corporations is located in this State, and
for foIming, laying out and maintaining cem-
eteries in this State.
Sec. 10. Glass 6.-For carrying on in this
State any kind of manufacturing, ship build
ing, mechanical, industrial or chemical busi-
ness, and for the sale, transportation or other
disposition of the products thereof.
Sec. 20. Glass For conducting any kind
of mining business in this State, and for sell
ing or otherwise disposing of the products of
said business, where the principal office of said
corporation is located in this State.
Sec. 21. Glass 8.-For washing, dressing,
smelling and otherwise preparing for and
bringing to market and selling the ores of all
kinds of metals; provided, said corporations
carry on their general operations in this State,
and have their principal office therein.
Sec. %. Glass 9.-For opening and work.
ing quarries of marble, slate or other economic
minerals or mineral substances in this State.
and for the manufacturing thereof in this
State, and for the transportation or exporta-
ton and sale thereof
Sec. %. Class 10-For boring for, open
ing, using or refining petroleum, salt or other
mineral springs in this State, and for boring
for, opening using or refining in this State
other oils, where the principal office of said
corporation is located in this State
Sec. "a. Glass 11-For constructing, own
ing or operating telegraph lines in this State,
where the principal office of said corporation
is located in this State.
Sec. 25. Class 12-For navigating the
ocean by steam, sail or other ships or vessels,
and transportation of goods and passengers
therein, where the principal port of entry and
departure thereof is in the United States, and
the principal business Office of said corpora.
ton is located in this State.
| Sec. 26. Glass 13.-For navigating the wa.
ters of this and adjoining States by steam, sal
or other boats or vessels, and for the trans.
portation of goods and passengers therein
where the principal Office Of said corporation
is located in this State.
Sec. q. Class 14.--For carrying on any
forwarding "r warehousiug business in thi
State, and for the construction, owning, char
Iteriug or leasing of steamboats,, wharves