The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1865-06-17
~ .JILII. % 1910 j . EtgEsI7f ii I777 ~
LAWS OF MARYLAND.
PASSED JANUARY SESSION, E5sssS[e9iS, les IS
hna '9iidaq OFFICIAL gsdr
I hlueds aiidnqaA-aAl isdJ hidloi
IA CeHARW00D, Secretary Senate.
w. =, COLE, -
- Chief Clerk House Of Delegates.
CHAPTER, IA,


A1lnba5 aTAh Ysd4S+l+oy luiiHs9 bGa ,es
,,,aa. mo Ia b!CHAPTERf l44.i,atab Los usf
AN ACT to enable any bank, savings institution
80 or savings bank fitliis' State" ID become an
Ii association fnr the purposes of bankiug ander
the laws of the United States. ~ 80. "a
~ Section l.. BE IL enacted Jy he General Assen,r
bty Of Maryland, That any bank, eshvnes institu-
ton, or sayings bank iincorpQyated under the
laws OF this State, may become an association
for the purpose Of banking Under the laws bf the
United Statesi; pr6bidea, if fishally first comply
WITH all the requirements Of the act Of the frst
session OF the thirty-eighth Congress of the Uni
ted States entitled, Gan act TO provide a nit
tional currency, secured BY a, pledge of the Unii
ted States bonds, and TO provide for the circnla-
tion and redemption thereof s"i"S 'S"' ~
Sec. u AnRSc 10 Further enacisdp That before
any bank, savings institution or saving bank of
this State shall avail itself of the provisions of
this and of The aforesaid act of Congress, its
stockholders, by and with theJwritten advice and
consent of the owners o., three-foHrths of the
capital stock Of said bank, savings Institution or
savings bahky l'hor Mt a Special meeting D called
for shepprpose, shall dsGide Mhe5her the, said
bank, savings Institution or savings bank shall
or shall not become an Association for the pur-
pose of banking under the laws iof ahedUnitad
States, and at said meeting every stockholder
may cast one vote for each share Of stock held
10y him Or her. and every stock holder shall
be absent from said meeting, may Roteihy proxy3
and every executor, administrator, Guardian OF
trustee, holding stock in said bank, Savings IN
shtution or savings bank, may vote in, person 6f
by. proxy, without inenrripg, any responsibility
by such vote, and the Treasurer, of Maryland is
hereby authorized ana direete1to repreSent and
vote the stock held by the State innanyIinf the
banks, sayings institutions or savings banks of
Gfofh
the said meeting itsha appear chat the ow hers
of tWo-thirds of thetcaptal stock Of said bank,
savings institution or savings bank, are in favor
Of converting the said bank, Swings institution
ior savings bank, intosan association for the pur
pose of banking, under the; laws of the United
States the Directors Of said BANK, savings insti-
tuition or savings bank, btia hdajoity ofpthen,
may execute the-oTganization certificate and
such other papers as shall be necessary, and may
perform all acts, required, by law for enabling
the said bank, savings institution or savings
bank TO become sdclAsSociati6n. ,.hh9
0 ISec.. 3a A'ae&6eitly1tber eaaeteas That when
Bank III this State, Shall pfeseHt to the Cierak Of
the Court of Appeals oflNiaryland, a. ascertfidate
from the, comptroller of the currency, setting
forth under his hand and official seal that the
bank, Nsavings Institution OF savings bank has
become an association fora the the purpose of
banking under the laws of the United States, the
said clerk Shall record such certificate, and shah
send an authenticatedlcopy thereof tbathe Gov
ernor of the State who, on receiying, the same,
shall give notice for at least three weeks in some
newspaper printed in tte" city or County" Where
said bank, savings institution oeIsaTings bank is
located, that said bank, sayingsi institution, or
savings bank has beenc converted into such aSsOa
ciation, and that its charter as granted, ,bN the
Acoo oPM bac boayo
dered, and therenpon all Its corpogate powers
shall cease prQbtded thelss$, that said bank,
savings institntiorl Of Savings bahE' may c0htin7
ue to use its corporate name for the purpose Of
prosecuting and defending suits instituted by or
lagaihstitj and iofeenabling to closeits affairs,
but not for the purpose OF. of.continuing under the
laws of this State, the business for which it was
established and no bank, savings institution or
savings bank thus converted into a banking as7
sOciationuhder. the laws of the u nited States
shall Te-issHefof circulation anyiof9he notes is
sued by it during its existence under the laws
of the State; ofOr more sthanI one year after its
ieharterhas Isnfrendered Gi grooided that The
existing laws of the State providing for taxes on
the State banks forathe, purposes enumerated
therein, shall extend and applyaO all State banks
and other institutions avaihng themselves. the
provisions of this act when they shalldhaEe be-
come associations hnder the act Of Congress land
all sums required by the QhaEterS ofisaid institu-
tbns and banks tof be paid to the State isliafl
lcontinue,as heretofore tosbe paid. .odi eloa oi q
smSeca 4. Andde ii further eatactedI That when
ever any, bank, sayings institution Or savings
bank, in this State shall have surrendered its
charter, and become an association for stte pprr
pose of banking under theslaws iOf 1.-THE Obnited
States, allits assets, real ndipersOnal swithQut
other transfer, shall vestin and become the eprop=
ierts of such association, land said associate ion
shall be responsible for all the debts and liabili-
ties of said bank, savings institution or savings
bank incurred ppier to the surrender OF its char-
ter. ,4g aW nuii9aiaiias-li9s 80 y1ns1BlqilOo 20
: Sec. g.. And be ii further enacted, That when
eyer the charter ofaay bank, savings institution
or savings hank in the State has been surrender
ed, as hereinbefOre provided for, the TnGmbers of
the Board of Directors, last niofice, shalforth-
with deliver up all thes plates Tand5 dies of said
pankg gsayings Institution or Savings baDkst0' the
Superior court Of baltimore city, SwhGrei said
bank, savings institution or savings banksis loI
Gated in the city, or the circuit court fors the
,ronntyin which said bank, osavingscinstitution
or savings bank may lie lOcateds and athenJudge
of each of said courts shall cause the said plates
and dies to he destroyed in hisipresence, and al
so in the presence of the President or cashier of
said bank, and The members billboard of Direc-
tors, who wilfully refuse or neglect so to do;
shall be deemed guilty, OF eaf 1nisdemeanor, and
on conviction, shall be several llyd punished by
fine not exceeding five Apndred dollars. ,,up q
= Sec. iAala be ftrther enacted, That this act
shall RS takSe effect from and after its passage.
neqa 5ll2poTd CHAPTER l$55a l$55a. q a'Ii' -, s.a% =
AN ACT to amend ana ree-4eFnnact section twenty
one Of Article foftylone Of the Code Of Public
General Laws relating, to ttFish and Fisheries ~
m Cecfiot1 14 RI N e,,tJce1 III, The (ener0z Assp,1-