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300
LAWS OF MARYLAND.
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William Numsen, Louis Senft, C. Bohn Slingluff,
Michael Trieber, Hermann Graue, Frederick Raine,
Charles Bien, James Fowner, Ferdinand Freybe,
Jacob Greasley,Chas. C. Josenhans, Henry Riefle,
George Seltzer, Andrew Reuter, Henry Keidel,
Jacob Seeger, Edward Stiefel, Louis As.beck, S. J.
Kuhn, R. Walter, Henry Wilkens and Edward
Nilmann, and all and every other person or per-
sons hereafter becoming members of the Working-
mens' Savings Bank of Baltimore in the manner
hereinafter mentioned, shall be and are hereby
created and made a corporation and body politic
by the name and style of the Workingmens' Sav-
ings Bank of Baltimore, and by that name shall
have perpetual succession and be capable by law
to hold property, sue and be sued, plead and be
impleaded, answer and defend, and be answered
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Contracts.
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and defended in Courts of law and equity, or in
any other place whatever, and to receive and make
all deeds, transfers, contracts, covenants, convey-
ances and grants whatsoever, and to make, have
and use a common seal, and generally to do every
other act or thing necessary to carry into effect the
provisions of this Act, and promote the design of
said corporation.
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Directors.
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Sec. 2. And be it enacted, That the said corpo-
ration shall annually on the first Tuesday in Feb-
ruary, in the city of Baltimore, or at such other
time or place as by the by-laws or regulations
hereafter to be adopted, may be appointed, elect
from the members of said corporation twenty Di-
rectors to serve for the term of twelve months, or
until others shall be chosen, who, during their
term of service, shall have the sole management
and direction of the concerns of said corporation,
elect a President from their own body and be
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President.
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authorized to make from time to time as they may
deem expedient, such by-laws or other rules for
the regulation and government of themselves and
the members of said corporation, and the same to
change, add to or amend, as may appear necessary
or proper ; provided always, that such by-laws or
rules be not contrary to the Constitution and Laws
of the United States or of the State of Maryland ;
and provided also, that said corporation shall not
be authorized to make any bills or notes in the
nature or description of bank notes, or to loan
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