XII CARNEGIE INSTITUTION OE WASHINGTON. 



existing against the said existing corporation, be released or impaired; but 

 such corporation hereby incorporated is declared to succeed to the obligations 

 and liabilities and to be held liable to pay and discharge all of the debts, 

 liabilities, and contracts of the said corporation so existing to the same effect 

 as if such new corporation had itself incurred the obligation or liability to 

 pay such debt or damages, and no such action or proceeding before any 

 court or tribunal shall be deemed to have abated or been discontinued by 

 reason of the passage of this Act. 



Sec. 8. That Congress may from time to time alter, repeal, or modify this 

 Act of incorporation, but no contract or individual right made or acquired 

 shall thereby be divested or impaired. 



Sec. 9. That this Act shall take effect immediately. 



Approved, April 28, 1904. 



