Chapter 28.
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/statutes-at-large/vol-23/chapter-28-55022·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. 28.— An act to amend the Revised Statutes of the United States relating to the District of Columbia, and for other purposes.April 23, 1884. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the following sections of the Revised Statutes of the United States of America relating to the District of Columbia be, and they are hereby, amended in the following manner, that is to say: Section five hundred and forty-five, by striking out the words “notR.
S. D. C. 645, 66. exceeding twenty years;” so that the same shall read: " “Sec. 545. Any three or more persons of full age, citizens of theSocieties; how formed. United States, a majority of whom shall be citizens of the District, who desire to associate themselves for benevolent, charitable, educational, literary, musical, scientific, religions, or missionary purposes, including societies formed for mutual improvement, or for the promotion of the arts, may make, sign and acknowledge, before any officer authorized to take acknowledgment of deeds in the District and file in the office of the recorder of deeds, to be recorded by him, a certificate in writing in which shall be stated— “First.
The name or title by which such society shall be known in law. “Second. The term for which it is organized. “Third. The particular business and objects of the society. “Fourth. The number of its trustees, directors, or managers for the first year of its existence.” " Section five hundred and forty-six, by adding at the end thereof theR. S. D. C. 546, 66. words “and other real and personal property the clear annual income from which shall not exceed in value twenty-five thousand dollars;” so that the same shall read:
" “Sec. 546. Upon filing their certificate the persons who shall haveCorporate powers. signed and acknowledged the same, and their associates and successors, shall be a body politic and corporate, by the name stated in such certificate; and by that name they and their successors may have and use a common seal, and may alter and change the same at pleasure, and may make by-laws and elect officers and agents, and may take, receive, hold, and convey real and personal estate necessary for the purposes of the society as stated in their certificate, and other real and personal property the clear annual income from which shall not exceed in value twenty-five thousand dollars:
Provided, however, That this section*Proviso*. shall not be construed to exempt any property from taxation in addition to that now specifically exempted by law.” " Section five hundred and forty-seven, by striking out the words “annually,R. S. D. C. 547, 66. or oftener, elect from its members,” and inserting the word “elect” after the word “may,” in the first line; so that the same shall read: " “Sec. 547. Such incorporated society may elect its trustees, directors,Election of officers; vacancies, how filled. or managers at such time and place and in such manner as may be specified in its by-laws, who shall have the control and management of the affairs and funds of the society, and a majority of whom shall be a quorum for the transaction of business; and whenever any vacancy shall happen in such board of trustees, directors, or managers, the vacancy shall be filled in such manner as shall be provided by the by laws of the society.
” " That, section five hundred and forty-nine of the Revised Statutes relatingR. S. D. C. 549, 66. to the District of Columbia be, and the same is hereby, repealed; and in lieu of said section the following is enacted: " “Sec. 549. Any property of the corporation may be leased, encumberedSale of real estate, etc. by mortgage or deed of trust in the nature of a mortgage, or sold and conveyed absolutely, when authorized by a vote of a majority of the shares of stock of the corporation, or by a vote of a majority of the directors, managers, or trustees of the corporation, at a meeting called for the purpose, and the proceedings of which meeting shall be duly entered in the records of the corporation; and the proceeds arising therefrom shall be applied or invested for the use and benefit of such corporation.
” " 14 Sec. 2. R. S. D. C. 551, 67. Repealed. That section five hundred and fifty-one of the Revised Statutes relating to the District of Columbia be, and the same is hereby, repealed. Sec. 3. Existing corporations may avail themselves of provisions of act, etc. That any corporation heretofore formed under sections five hundred and forty-five to five hundred and fifty-two, inclusive, of the Revised Statutes of the United States relating to the District of Columbia may avail itself of the provisions of this act by complying with its requirements, and those that this act is intended to amend; but the right to repeal this act, and to alter, amend, or abolish any charter of incorporation granted under it, is expressly reserved to Congress.
Approved, April 23, 1884.