JOHN WALTER SMITH, ESQ., GOVERNOR.

of Public General Laws of this State, title "Corporations,"
in addition to the powers possessed by it under the certificate
of incorporation, which are hereby ratified and confirmed,
shall have and possess the further rights, privileges and fran-
chises particularly mentioned in this Act.

333

SEC. 2. And be it further enacted, That the number of
directors of the said Mechanics Savings Bank of Balti-
more City may be increased from time to time by a majority
vote of the stockholders of said corporation, but that said
number shall not exceed thirty.

SEC. 3. And be it further enacted, That the directors shall
have power to declare such dividends of the profits of said
company as they may deem proper, provided that no dividend
shall be declared where the capital stock would be impaired
thereby.

May increase
number of
directors.

SEC. 4. And be it fiirther enacted, That the "Mechanics
Savings Bank of Baltimore City shall have power to borrow
money, and pay interest thereon, not exceeding the legal
rate; receiving money on deposit, on such conditions and
subject to such regulations as the Board of Directors may
determine, and to loan money upon such security as the Board
of Directors of said bank may deem sufficient, and to buy
county script or obligations of the counties and cities of this
State, or public or private obligations of any description, and
may, after purchasing, sell the same in such manner and on
such terms as the Board of Directors of the said bank may
determine; may purchase and hold or sell real and personal
estate and property, and generally may do and transact a
general banking business.

Power to
borrow and
loan money.

SEC. 5. And be it further enacted, That any individual or
administrator, guardian, receiver, assignee, trustee or any
public officer of Baltimore City or elsewhere, or any person
or persons acting for others having the custody of any moneys
belonging to themselves or others, are authorized to deposit
the same with the said The Mechanics Savings Bank of Bal-
timore City should they so desire.

SEC. 6. And be it further enacted, That whenever any deposit
shall be made by a minor or married woman, such deposit
shall be received or held and paid out on precisely the same
terms and conditions as those of adult male or adult unmar-
ried female depositors, and the check, receipt or acquittance
of said minor or married woman shall be valid and binding on
them.

May receive
deposits of
money.