JOHN WALTER SMITH, ESQ., GOVERNOR.

able at such times and places with interest, not exceeding
six per cent., as they may deem expedient, said bonds to be
secured by mortgage or mortgages, deeds or deeds of trust, or
real., leasehold or personal property belonging to it.

995

SEC. 10. And be it further enacted, That the said corpora-
tion be and is hereby authorized and empowered to lend and
borrow money for any of the purposes for which it was cre-
ated upon the pledge or security of any stock, bonds, notes,
or other choses in action, claims, of any instrument of writing,
or any other lawful securities whatever.

SEC. 11. Be it enacted, That the said corporation shall be
subject to the provisions of Chapter one hundred and nine of
the Acts of eighteen hundred and ninety-two, as amended by
Chapter one hundred and sixty of the Acts of eighteen hun-
dred and ninety-six, and of Chapter two hundred and seventy-
nine of the Acts of eighteen hundred and ninety-two, and of
all general laws applicable to associations by nature similar
to that mentioned in this Act

SEC. 12. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved April 10, 1900.

CHAPTER 627.
AN ACT to declare the sanction and consent of the General
Assembly of Maryland to sundry gifts, bequests and devises
contained in the last wills and testaments of certain persons
deceased, and also to certain gifts, grants, sales, leases and
deeds made by various persons to and for the use and benefit
of sundry ministerial persons, religious corporations, edu-
cational institutions, denominations or sects, and to certain
charitable institutions hereinafter named,

May lend
and borrow
money, etc..

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the sanction and consent of said General Assembly
of Maryland be and the same is hereby declared, given and
granted to the following gifts, bequests, devises, grants, sales,
leases, conveyances and deeds to and from certain persons and
bodies corporate to and for the use of certain ministerial per-
sons, religious and educational corporations, orders, denomi-
nations or sects, and to certain charitable institutions, as herein
set forth.

General
bequests sanc-
tioned to
various per-
sons, churches
and
institutions.