JOHN WALTER SMITH, ESQ., GOVERNOR.

SEC. 6. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 7, 1900.

CHAPTER 225.
AN ACT to incorporate the Consolidated Trust and Finance
Company of Maryland.

327

SECTION 2. Be it enacted by the General Assembly of Mary-
land, That Charles W. Becker, Joseph W. Hazell, Arthur
Pue, George P. Davis and Henry W. Straus and the subscribers
to the stock of the corporation hereby created, and their
successors and assigns, be and they are hereby created a body
corporate by the name of the Consolidated Trust and Finance
Company of Maryland, and by that name shall have perpetual
succession, and shall be competent to sue and be sued in any
court of law or equity whatsover, to have and to use a common
seal, and to alter the same at its pleasure, and to make and to
adopt a constitution and by-laws for the government of said
body corporate and its officers, agents and employees, and
from time to time amend the same; provided such constitution,
by-laws or amendments thereto shall not conflict with the
Constitution and laws of this State or of the United States, to
elect or appoint directors and officers, and generally to do,
execute and enforce all and singular such acts, contracts,
matters and things as may be necessary to carry out the objects
and purposes, and to protect the interests of said body cor-
porate, and to exercise the power or powers by this Act con-
ferred upon it. The office of said corporation shall be located
in Baltimore City, Maryland.

Consolidated
Trust and
Finance Co.
of Maryland.
Incorporated.

SEC. 2. And be it further enacted, That the capital stock of
said body corporate shall consist of two thousand five hundred
shares of the par value of one hundred dollars each, and said
body corporate shall have the right to increase its capital
stock from time to time by a vote of the stockholders at a
special meeting or meetings, to be called and held for that
purpose, to any sum or sums not exceeding five million dollars,
the said body corporate shall have the right to begin the
prosecution of any business under its charter, and to exercise
any of its corporate powers as soon as its said stock to the
amount of one hundred thousand dollars, which may be pay-
able in such instalments as the directors of said corporation
may stipulate, shall have been subscribed to and paid for in
cash.

Capital stock.