The Republican. [volume] (Oakland, Md.) 1877-current, 1891-08-28
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CIIAPTER lNl-

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CHAPTER lgj.
AN ACT to amend section forty eight, of arti-
Gle three, of the Constitution OfthiS State.
SECTION !. BE Hcndcted by the GcHey1d AS-
sclnbiH Of -HnHitutd. Three titthS of all tn
members of the two Houses cuucurrIng, that
the following section be and The same is here
by proposed as an amendment TO the Con-
stitution Of this state, and II adopted by the
legal voters thereof as herein provided 1t
shall Supercede and stand in the place and in
stead of section forty eight OF article three of
aid Constitution.
SECTION 4S. Corporations may be formed
under general laws, but shall not be created
by special act, except tor municipal purposes
and except in cases where no general laws eX
list providing for the creation OF Corporations
of the same general character, as the cOrpOr-
alton proposed to be created. and any act of
Incorporation passed in violation of this Sec
ton shall be void, all charters granted, or
adopted in persuauce OF this section, and all
charters heretofore granted and created, sub
iect to repeal or modification, may be alterd
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 or be repealed; Provided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 en-
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 that such corporation
shall surrender all claim to exemption from
taxation or from the repeal or modification
of its charter, and that such corporation shall
thereafter lOlu lJS cnarter SUBJECT TO tnc pro-
visions of this cOnstituG on 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 gem
eral or special act. shall be thereafter subject
to taxation as if no such exemption has been
granted by its charter.
SECTION 2. and be il ttutheT enacted by the
dlthOrity aforesaid, That the said foregoing
section hereby proposed as an amendment
to the constitution shall be, at the next gen.
aeral 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 this 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 copy of an act ofthe General Assem-
bly, of Maryland, passed January session, 1890
VIC. PURNELL,
Secretary of the Senate.
CARLTON SHAFER
Chief Clerk OF the House OF Delegates.