332

LAWS OF MARYLAND.

(including both as to such consolidated corporation and the
other corporations referred to in this section the powers by
this section conferred) and shall also have any other and fur-
ther powers which any of the constituent corporations may,
at the time of such consolidation have had the right to exer-
cise, and all the assets and property of every kind of all the
corporations so consolidating or uniting shall, upon the com-
pletion of such consolidation, be assigned and conveyed by
such constituent corporations to such consolidated corporation.
And such consolidated corporation shall be liable for all the
debts, contracts and engagements of the said constituent cor-
porations as fully and to the same extent as such constituent
corporations have been liable therefore at the time of the con-
solidation. As soon as such consolidation shall have been
determined upon, the corporations so uniting or consolidating
shall execute a certificate of consolidation, signed by their
proper officers, respectively, under their respective corporate
seals, setting forth the terms of said consolidation; the said
certificate shall be filed in the office of the Secretary of this
State, when said certificate shall be filed the said consolida-
tion shall be considered completed.

SEC. 12. And be it further enacted, That the Board of Direc-
tors or managers of said corporation shall consist of not fewer
than five or more than twenty-five members thereof.

SEC. 13. And be it further enacted, That said body corpor-
ate is hereby made subject to provisions of Chapters 109 and
279, of the Acts of the General Assembly of Maryland, passed
at the January session of eighteen hundred and ninety-two,
as amended by the Act of eighteen hundred and ninety-six,
Chapter one hundred and sixty, so long as said Acts shall
respectively remain in force.

SEC. 14. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved April 5, 1900.

CHAPTER 226.
AN ACT to enlarge and extend the powers of the Mechanics
Savings Bank of Baltimore City, Maryland, and to increase
the Board of Directors of the same.

Mechanics
Savings Bank
of Balto. City

SECTION 1 Be it enacted by the General Assembly of Mary-
land, That the Mechanics Savings Bank of Baltimore City,
a corporation duly formed under the provisions of the Code