Original documents tell the story of a new profession

As MACPA celebrates the 100th anniversaries of the law that established the CPA profession in Maryland and creation of the Maryland Association of Certified Public Accountants, Inc., it may be interesting to take a look at the original documents that recognized these two great events in Maryland history.

Chapter 719-Acts 1900 was approved by the Maryland legislature on April 10, 1900 to regulate the Practice of the Profession of Public Accountant in the State of Maryland. Maryland became the third state in the country to pass such legislation. Twenty-five certificates were issued on Nov. 1, 1900, under the waiver provision. Thereafter, no further certificates were issued by waiver.

The Maryland Association of Certified Public Accountants of Baltimore City became incorporated on Feb. 12, 1901. The articles of incorporation state that the corporation was formed:

" ... for the purpose of uniting all Certified Public Accountants of the State of Maryland for mutual benefit and protection and for the protection of merchants and corporations against unaccredited accountants ..."

The original charter limited the existence of the corporation to 40 years; however, this limitation was repealed by the General Corporation Act of 1908, granting the association perpetual existence unless its Charter were to be forfeited by dissolution or some corporate act.

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