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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2542   View pdf image (33K)
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204

LAWS OF MARYLAND.

 

and Jerusalem Turnpike Company, a corporation
now in existence under the laws of this State, be
so amended as to permit said corporation to in-
crease their capital stock from fifty thousand dol-
lars, is it stands at present, to seventy-five thou-
sand dollars.

In force.

Sec. 2. And be it enacted, That this Act shall
take effect from and after its passage.

Approved March 17, 1868.

CHAPTER 133.

AN ACT to incorporate the "Dime Savings Bank
of Cumberland."

1 ncorporation

SECTION 1. Be it enacted by the General Assembly
of Maryland, That John Hambird, William Walsh,
Samuel Heidelberger, William Devecmon, E. Gr.
Hall, George Lpng, Otto Damm, Gustavus Rizer,
M. A. Healy, John Bucholtz, and Hiram P. Tas-
ker, or a majority of them, be, and they are here-
by appointed Commissioners with authority to es-
tablish a banking institution in Cumberland, by the
name of the "Dime Savings Bank of Cumberland,'
the capital of which shall be one hundred thousand
dollars, in shares of one hundred dollars each, and
the said banking institution shall be and is hereby
incorporated with all the privileges and franchises
of bodies politic and corporate, and the said Com-
missioners or a majority of them shall appoint the
times for taking subscriptions to the stock, for
choosing Directors and for putting the Bank into
operation.

Capital stock,

Sec. 2. And be it enacted, That the aforesaid
Bank, from the time three hundred share of its
capital stock have been actually paid in, shall be
entitled to all the rights, powers, privileges and
franchises of the several banks, comprehended in
an Act entitled "An Act to Continue the Corpo-



 
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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 2542   View pdf image (33K)
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