Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1891-07-23
NUaBEE 2
CHAPTER la5.


CHAPTER 1875.
AN ACT to amend section forty eight Of arti,
Gle three, Of the Constitution Of this State
SEcTIoS l. b ia enacted 81 The General
Assembly of Maryland, Three-hfths Of all the
membsrs Of the two HOUSES eoneuTring, that
the following section be, and The same is here
BY proposed aS an amendment 10 the Constitu-
ton of this State, and IL adopted by the legal
and qualified voters thereofas herein provided
il shall supersede snd stand in the place and
instead of section forty-eight of article three
Of said Constitution.
SECTION Is. Corporations may be formed
under general lavs, but shall not be created
by special act, except for municipal purposes
ard except 10 cases where no general laws
exist providing for the creation Of eorpor-
afious of the same general character, as the
corporation proposed 20 be created, and any
act Of incorporation passed IL violation Of this
section shall b. void, all charters granted, or
adopted in pursuance Of this section, ard all
charters heretofore granted and created sub
iect TO repeal or modification, may be altered.
from time to time, or be repealed; Provided.
nothing herein contained shall be construed 20
extend 10 Banks, or the incorporation there.
Of the General Assembly shall not alter or
amend the charter Of any corporation existing
al the time Of the adoption OF this article, or
pass any other general or special Law for the
benefit Of such corporation, except upon the
condition that such corporation shall surren-
der all claim 10 exemption rom taxation or
from the repeal or modification Of its charter.
and that scch corporation shall thereafter hold
lis charter subject 10 the provisions Of this
constitution and sny corporation chartered by
this State Nbict shall accept, use. enjoy, or In
4nywise avail itselfof any rights, privileges
OF advantages that may hereafter be granted
o. conferred by any genera ~ special act.
sball be conel1sively presumed TO have there
by surrendered any exemption from taxation
10 which 10 may be entitled under its charter
aud shall BE- thereafter subject 70 taxation as
II no such exemption has been granted by its
charter.
SECTION :. lad BE- II further enacted bA
tle authority aforesaid. That the said foregS.
ing section hereby proposed as an alneuimen,
30 the constitution shau be, at the next gem
eTal election held in this State, submitted to
the legal and qualified voters thereof fog their
adoption or rejection, in pursuance Of the
directions contained in article fourteen If the
Constitution Of this State, and CT the said gen
eFal election the vote on said proposed amend.
ment TO the constitution shall BE- by ballot.
aud upou each ballot there shall be written OF
printed the words for the constitutional
amendment, or against the constitutional
amendment, as the voter shall elect, and Inn
pedieiely after said election due return shall
be made " the Governor OF the vote FOR and
sgains' said proposed amendment, as directed
by the said fourteenth article of the cous,itu-
ton.
Approved March 9th. 1880
We hereby certify. That the sforegoing j. a
correct copy Of an act Of the General Assembly
Of HaEylsnd, passed January session, 1890
". G. PURNELL,
Secretary Of the Senate.
CARLTON SHAFER.
Chief Clerk Of the House Of Delegates