Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1891-08-21

tHAPTERls5
| AN ACT TO amend section iOtiy-eight. OF arti'
Gle three, of the Constitution of this State.
! Se- ! Be Hsnacted by he General .IsSsmbil
81 Mryi0nd. Three-6fths OF all ihr meIn.Iers
ofthe two Houses eoncurring, that the follow
ing section he, and the same is hereby propos
ed as nm amendment 10 the Constitution at this
J State, and nnd.,pte hy the LEGAL aud qnaliti-
ed voters thereof rs herein provided. u shall
slyerssie aad7siand in The place and ins'ead
TOT section forty Ell ht Of article thteeof said
1COns'ituiicn.
j Sec. 4s CORPORATIONS NAV he formed nndei
general laws, but shall no, he creaIrd by spe.
cial act, except for mnnri,al purposes aud tx-
l ,<pt in cases there M general laws exist, pro-
yiiing tor The creation Of curporntions Of iht
I srme general character, as the corporation pro-
| posed to he created, and ans net Of inecrrorl-
ton passed in violation of this section shah b
| void, .Il charters granted, or adopted in purr
| suauee OF this section, aud Ill charters hereto
| tthn granted and created, subject 10 repeal OF
modification may be altered, from time to time
or be repealed: Provided, nbthiTg herein con
/ aained shall he construed TO extend TO Banks,
Ipr the incorporation thereof, the GenSral As
lScmhlY shall not alter Or amend the charter %
.fut Corpora'ion existing M the time ut th'
adOptlon OF this artirle, or PASS any other gene
ral OF special liw for the btn,hi OF such cor
porntinn, except upon Il . condition thHt such
corporation shall surrender all claim to eAeinp.
| ton ftnm taxation Ur from the repeal OF mOdl-
| ication Of its charter aud that such rOrpUrhiit Il
shall thereafter ht III its cha rtrf subject 10 The
| provisions of this constitution; .nd any eOrPo-
ratl2n chartered nv this State which shall ac-
,'ept, use, enjoy, or in any wise avail itself o
any rights, privileges or advantages thai may
hereafter he granted or conferred by any gen
cral nr special act, shall be concluslvely pre-
Sumed to have thereby surrendered an! exetnp-
ton from taxation to which it may lie entitled
under its charter and shall lie thereafter sub
iect to taxatiUn as If no such exemption hi;
been granted by its charter.
Sec. And be II further enacted by HE ar
fhoriy gfor .sdid, That the said foregoing sec
ton hereby ~ opposed as an amendment to tn,
constitution shall be, at the Eext general cleo
| ton held in this State, submitted 10 the lega
and qualified voters thereof for their adoption
or rejection, in pursuance OF the directions con
tanned in article fourteen of the Constitution
OF this State, and ut the said general election
the vote on said proposed amendment to the
constitution shall be by ballot, aud npon eacf
ballot there shall tie written or printed thu
words 'for the constitutional amendment" Oh
against the constitutional amendment "as thu
voter shall elect and Immediately after sale
election due return shall be made to the Gov
ernOr Of the vote for and against said propos-
ed amendment, as directed by the said four
teenth article of the constitution.
| Approved March 9th, 1890.
We hereby certify, That the aforegoing is q
correct copy Of an act OF the General Assembly
of Maryland, passed January session, 1890.
W. G. PURNELL,
Secretary of the Senate
CARLTON SIIAFER,
Chief Clerk of the House OF Delegates