The Republican. [volume] (Oakland, Md.) 1877-current, 1891-09-04
NUMBER >.
CIIApTER lH.I-

CHAPTER 1875.
| AN ACT to amend section Orty-cight of arti-
Gle three, Of the Constitution of this state.
, SECTION |. BE Henacted JuHc Gcacroi As
| SeRbiB Of .HttTyidnd. Three tiftllS of all IN e
members of the two Houses c0ncurrlng, that
| the following section be and the same is here
| by proposed as an amendment TO the Con-
| StitutiOn of this State, and il adopted by the
legal voters thereofa herein provided it
! shall supercede and stand in the place and in
stead of section fOrty-eight OF article three OF
| laid Constitution.
| SECTION IS. Corporations may he formed
under general laws. but shall not be created
! by special act, except for municipal purposes
| and except in cases where no general laws cX-
| ist, providing for the creation Interpretations
ofthe same general character, as the cOrpor-
| alton proposed to be created. and any act OF
| Incorporation passed in violation OF this see
| ton shall be void all charters granted. or
adopted in persuauce OF this section, and all
| charters heretofore granted and created, sub
| ect to repeal or modification, may he aitctd
| from time to time. or be repealed; Provided
| nothing herein contained shall be construed
| to extend to Banks, or the incorporation
| thereof, the General Assembly shall notalter
| or amend the charter OF any corporation cX-
listing at the time of the adoption of this arti-
| Gle, or pass any other general or special law
| for the benefit of such corporation, except
| upon the condition that such corporation
shall surrender all claim to exemption from
| taxation or from the repeal or modification
| ofitS charter, and that such corporation shall
| thereafter hold its charter subject to the pro-
| visions of this constitution and any cOrpor-
alton chaatered by this State which shall ac-
| cept, use, enjoy. or in anywlse avail itself OF
any rights privileges or advantages that may
hereafter be granted or conferred by any gen
eral or special act, shall be thereafter subject
| to taxation as ifno such exemption has been
granted by its charter.
SECTION 2. And be IL JtTthcr enacted by the
| authority aforesaid, That the said foregoing
section hereby proposed as an amendment
to the constitution shall be, at the next gen
eral election held in this state. submitted to
| the legal and qualified voters thereOffor their
| adoption or rejection, in pursuance ofthe di.
rectionS contained in article fourteen of the
| Constitution of sthis State, and at the said
| general election the vote on said proposed
| amendment to the constitution shall be by
| ballot, and upon each ballot there shall be
| written or printed the words "for the consti-
| tutional amendment" or against the con-
stitutional amendment" as the voter shall
| elect, and Immediately after said election
| due return shall be made to the Governor OF
| the vote for and against said proposed
| amendment, as directed by the said four
| teenth article of the constitution.
| Approved March 9th, 1890
| We hereby certify, That the aforegoing is a
| correct cooy of an act ofthe General Assem-
bly, of Maryland, passed January session, 1880
VIC. PURNELL,
Secretary of the Senate
CARLTON SHAFER
Chief Clerk OF the House of Delegates