862

LAWS OF MARYLAND.

CHAPTER 528.
AN ACT to repeal Section two of Chapter four hundred and!
sixty-one of the Acts of eighteen hundred and ninety-eight,
entitled an "Act to incorporate the Central States Banking-
and Trust Company," and to re-enact the same, with amend-
ments, and also to further amend the charter of the said
Central States Banking and Trust Company, providing for
the change of name of said corporation, and the number of
its directors and the election of a treasurer.

Central Trust
Company.
Incorporated.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section two of Chapter four hundred and sixty -
one, Acts of eighteen hundred and ninety-eight, entitled an
"Act to incorporate the Central States Banking and Trust
Company be and the same is hereby repealed and re-enacted
as follows:

Capital stock,
with privilege
to increase.

SEC. 2. And be it enacted, That the capital stock of the
said corporation intended to be created by this Act shall be
fifty thousand dollars in shares of fifty dollars each, fully
paid up; and privilege is hereby given to said corporation to
increase said capital stock as to it may seem fit from time to
time up to three million dollars, whenever it shall be deter-
mined by a vote of two-thirds of the stock of said corporation,
represented at such meetings as are specially called for that
purpose.

Name changed

SEC. 3. And be it further enacted, That the name of the
said corporation be and the same is hereby changed from that
of the Central States Banking and Trust Company as pro-
vided in Section one of said Chapter four hundred and sixty-
one, Acts of eighteen hundred and ninety-eight, to that of
the Central Trust Company, and by such last mentioned
name shall have the benefit of perpetual succession, and of
all other provisions of said Chapter four hundred and sixty-
one, Acts of eighteen hundred and ninety-eight, and also of
this Act.

Number of
directors.

SEC. 4. And be it enacted, That the affairs of said corpora-
tion shall be managed by not more than thirty or less than
seven directors instead of by not more than eighteen or less
than seven directors, as provided in Section three of Chapter
four hundred and sixty-one, Acts of eighteen hundred and
ninety-eight, and that the directors so elected shall have all
the powers and be subject to all the conditions contained in
said Chapter four hundred and sixty-one, Acts of eighteen
hundred and ninety-eight, and of this Act.