JOHN WALTER SMITH, ESQ., GOVERNOR.

(which may be payable in such instalments as the directors
of said corporation ,may stipulate) shall have been sub-
scribed .

489

SEC. 3. And be it further enacted, That the said body cor-
porate shall have the right to purchase and hold, bargain and
sell, grant, assign and convey land, or any interest or estate
therein, chattels, choses in action, checks, notes, bills of
exchange, certificates of deposit, warehouse receipts, stocks,
bonds, mortgages on real or leasehold property and every and
any evidence of debt; to advance money upon the security
thereof by receiving and holding the same or accepting mort-
gages thereon, and generally to deal in every and all descrip-
tion of properties, personal effects, securities, mortgages, land,
certificates of indebtedness, stock of incorporated companies,
loans on bonds of the United States, or of any city, county
or municipality, or of any incorporated company or indi-
vidual, and to do the general business of a bank of discount
and deposit.

Manner of
conducting

business.

SEC. 4. And be it further enacted, That the said body cor-
porate shall have the right to receive money on deposit,
evidences of debt for collection, chattels, stocks, bonds and
all paper writings on storage upon such terms as may be agreed
upon.

May receive
money on
deposit, etc.

SEC. 5. And be it further enacted, That the said body cor-
porate shall have the right at any time to increase its capital
stock to twenty thousand shares of the par value of fifty dollars
each, and that the directors of the said company shall have
the power to change the corporate name hereof, provided the
holders of two-thirds of the stock then issued vote in favor of
such increase or such change.
Sec. 5A. Provided the said corporation shall be subject at
all times to the provisions of the Acts of eighteen hundred
and ninety-two, Chapters one hundred and nine and two
hundred and seventy-nine, or amendments or supplements
thereto.
Sec. 5B. And the home office of the said body corporate
shall be located in Baltimore City, Maryland.
Sec. 5C. And be it enacted, That the said body corporate
shall exercise the powers and rights conferred by this Act
within six months after the passage of this Act, otherwise
this Act shall thereafter be null and void and of no effect
whatever. ,
SEC. 6. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved April 5, 1900.

May
increase its
capital stock.