140

LAWS OF MARYLAND.

should not be held upon said day from any cause ;
and at said election each stockholder shall be en-
titled to one vote for each share of stock held by
him, and the Directors, already chosen, shall con-
tinue in office until the end of the present fiscal
year aforesaid.

Stockholder
not answera-
ble for losses,
&c.

Sec. 8. And be it enacted, That no stockholder
in said Company shall be answerable in his person
or individual property for any contracts or agree-
ments of said Company, or for any losses, deficien-
cies or failure of the capital stock, but the whole
of the capital stock, together with all property,
rights and credits belonging thereinto and nothing
more, shall at any time be answerable for the de-
mands against the said Company,

Liabilities.

Sec. 9. And be it enacted, That all liabilities
which may have been incurred by the said Com-
pany, before the passage of this Act, may be en-
forced against the said Fire Insurance Company
as fully and effectually as if this Act had not been
passed.

Conferred by
original Act.

Sec. 10. And be it enacted, That all powers,
rights and privileges conferred by the original Act
and its several supplements, not inconsistent with
or repugnant to this Act, shall remain and con-
tinue in full force ; and all parts of the original
Act and its supplements, not inconsistent with the
provisions of this Act, shall continue in force,
and be so construed, as to carry into effect the
provisions of this Act, and all parts of the said
Act and its supplements, inconsistent with the
provisions of this Act, are hereby repealed.

In force and
reservation.

Sec. 11. And be it enacted, That this Act shall
take effect from the date of its passage, and the
General Assembly reserves the right to amend or
repeal this Act at pleasure.

Approved March 3, 1868.