JOHN WALTER SMITH, ESQ., GOVERNOR.

Board of Directors, and said Board of Directors shall also have
the power, whenever funds cannot, in its discretion, be safely
and satisfactorily invested to return rateably to the stockhold-
ers holding paid-up stock such surplus fund under such rules
as its Board of Directors or stockholders may adopt, first pro-
tecting said Association from any probable loss, and charging
off all losses sustained.

SEC. 5. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved March 20, 1900.

CHAPTER 95.

AN ACT to grant and declare the sanction and consent of
of the General Assembly of Maryland to the bequest to the
Wesley Chapel, Methodist Episcopal Church, of Annapolis,
Maryland, as contained in the last will and testament of
Joseph S. M. Basil, late of Anne Arundel County, deceased.

101

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the sanction and consent of the General Assembly
of Maryland be and the same is hereby declared given and
granted to the bequest under the will of Joseph S. M. Basil,
late of Anne Arundel County, deceased, said will being dated
the thirtieth day of May, A. D. eighteen hundred and ninety-
seven, probated the thirteenth of September, A. D. eighteen
hundred and ninety-nine, and recorded among the Testamen-
tory Records of Anne Arundel County in Liber W. F. P. No. 1,
Folio 428, etc., the said bequest being in words following, to
wit: After all my debts and funeral expenses are paid, and
my friends, who have so kindly endorsed my notes, are re-
leased of their obligations, I desire my executors to take up
the five-thousand-dollar note in the Farmers' National Bank
of Annapolis that was loaned to the Wesley Chapel Church to
enable them to pay for the Cockron property, where the new
church now stands, as I consider that I am in a large measure
responsible for the said purchase, and feel that it may be a
burden to the church with their other indebtedness; so I wish
to assume this note and have it paid out of my assets.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved March 20, 1900.

Bequest.
J. S. M. Basil.