The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1868-06-26

shares of the said stock, shall determine
the number of shares into which the cap
ital stock of the new company shall be
divided, and the rule of the apportion-
ment thereof, and the person who shall
be entitled to hold the same, and also the
name by which said new corporation
shall be known, and certificate shall be
made out and signed by the President Of
said meeting, showing the compliance by
said corporation, and by the said meeting
of stockholders with the requirements of
this Article in that behalf, and the said
certificate shall also show the proposed
name of the new corporation which shall
always include the name of the county or
city in which it may be formed, the for
mer name of said corporation, the objects
or purposes for which the new corpora
ton is sought, the term Of its existence
not to exceed forty years, and the articles,
conditions and provisions under which the
incorporation is foimed, the place or places
of business where the occupations Of the
corporation are to be carried on, and the
place in this State in which the principal
Office of the corporation will be located,
the amount of the capital stock of the
corporation, the number Of shares, and
the amount of each share, and the NUM-
Der OF Trustees, Directors or Managers,
who shall manage the concerns Of the cor
poraton for the first year. -..r
Sec rs. And be it enacted, That the
said certificate shall be signed and sworn to
or affirmed by the chairman of the said
meeting, and shall! be also signed by the
President of the said corporation, and at
tested by its seal, and shall be thereupon
submitted to judicial inspection as required
by the 38th section of this Article, and
shall be certified and recorded as required
by the 39th section OF this Article, and
thereupon the said corporation shall be a
body corporate in fact and in law, under
the name set forth in the said certificate,
and shall be subject to all the provisions
and entitled 10 all the powers and privil-
eyes conferred by this Article so far as
the same are applicable to the said corpo-
ration and the former charter of said cor
poration shall be deemed to be thereupon
surrendered, and all the property and a =
sets belonging to the said former corpora
ton of whatsoever nature and description
and all the debts and liabilities of the said
former corporation of whatsoever nature
and description, shall, upon such record
ing as aforesaid, be dev olved upon the
said new corporation, which shall for this
purpose be regarded as substituted by
operation of law in the room and stead of
said former corporation and all pending
procet dings at law and in equity, on be-
half Of or against said former corporation
may be amended at the instance Of either
patty, SO that the said new corporation
may be substituted as complainant, plain
tiffor defendant, as the case may require
in lieu and in place Of the old corpora
ton. i...,. ...-.z ,.... ... ... ....
Sec. n. And be it enacted, That every
corporation formed under the provisions
of this article, shall be subject to any and
all provisions and regulations which may
hereafter by any change in or amendments
of the laws of this State, be made appli-
cable to such corporation.
Sec. 70. And be it enacted, That all
uniformed volunteer companies shall be
subject to the laws for the government of
the militia Of this State.
Sec. 70. And be it enacted, That no
cemetery company formed under the pro-
visions of this article shall be authorized
or empowered to purchase, hold or use
for the purposes of burial, more than one
hundred acres Of land, nor any ground
that shall be con prised within the limits
of any city or town in this State, unless
the corporate authorities Of said city or
town shall authorize the same. 20 5lr..
Sec. 80. And be it enacted, That no
lanes, alleys, streets, roads, canals or pub
lie thoroughfares of auy sort shall be
opened through the property of any GEM
etery company incorporated under the
provisions Of this Article which is used or
appropriated for the purpose of burial, but
nothing herein contained shall authorize
any such corporation to obstrnct any pub
lie roads, streets or lane actually opened
and used as such at the time of its incor-
poration, or then laid down on any plat
made by authority Of the State or city,
town or county to be opened as street or
road. ara Ina oI-.5.. ~.
Sec. 81. And be it enacted, That every
burial lot sold or conveyed in such ceme-
terry shall be held by the proprietors there
of for the sole purpose of sepulture and
for none other, and shall not in any man
ner be subject to attachment or execution
for debt or affected by the insolvent laws
OF this State, but the estate of the owner
or owners in their respective lots shall
descend as real estate to heirs, may be de-
vised by will or may be disposed of by the
owner, by sale, with the approval Of the
President and Managers Of the corpora
ton. l .-
Sec. 80. And be it enacted, That a Ger.
tifcate under the seal of the corporation
of the ownership of any lot sold and con-
Fveyed as aforesaid, shall in all respects
have the same effect as any conveyance
from such corporation. of said lot would
have if executed, acknowledged and re-
corded as conveyances of real estate
are by the laws Of this State required to