The Republican. [volume] (Oakland, Md.) 1877-current, 1891-09-25
NUMBER 2.



AN ACT to amend section forty-eight of arti-
Gle three, of the Constitution of this State.
SECTION !. Be Hendcfcd bY N" GcRorR A
sentbty Of MdrYt0nd. Three titthS OF nj! tn e
members of the two Houses cOncurrlng, that
the following section he and theSanle Is mere
by proposed as an amendment to the con-
sttution of this State, and il adopted by the
legal voters thereofaS herein provided il
shall Supercede and stand in the place oand in
stead of section forty eight ofartcle three OF
said Constitution
SECTION IS. Corporations may be formed
under general laws, but shall not he Great d
by special act, except for municipal purposes
and except in cases where no general laws eX-
st. providing for the creation ofcOrporations
of the same general character, as the cOrpOr-
alton proposed to be created. and any act OF
Incorporation passed in violation Ofths see
tiOn shall be void, all charters granted, or
adopted in perSuance oil this section, ana all
charters heretofore granted and created. sub
ject to repeal or modification, may b" altcrd
| 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 or be repealed; Provided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 not alter
or amend the charter of any corporation cN-
isting 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 thai 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 charte! subject tD Inc pro-
visions fthis constitution ; ana any COrpOr-
| alton chaatered by this State which shall ac-
cept, use. enjoy. or i'll anywISc avail Itself OF
any rights privileges or advantages that may
hereafter be granted or conferred 10y any gen
eraI or special act. shall be thereafter subject
to taxation as if no SuCh exemption has been
granted by its charter.
SECTION .. 1Hd be il Huticr cn0cicd bH IN
authority GfOrcSdjd, That the said foregoing
section hereby proposed aS an amendment
| to the constitution shall be, ut the next gen
| eral election held in this state. submitted tC
| the legal and qualified voters thcrrofforthciI
| adoption or rejection, in pursuance Ofthc iii
| 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 shalt he by
| ballot, and upon each ballot there shall bt
| 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 o
| 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 {
| correct cooy of an act ofthe General Assem-
| bly, of Maryland, passed January session, 1890
| VIC. PU(NELL,
| Secretary of the Senate
| CARLTON SHAFER
! Chief Clerk OF the House of Delegates