and separate summaries thereof, were published, dealing with the fol-
lowing project studies: analysis of housing market; regional open
' spaces; and a land use and transportation analysis of the Baltimore-
Washington regions. In addition, a statistical bulletin of population
and housing data based upon the 1960 Census was published.

The Baltimore Regional Planning Council is currently engaged in
its third regional planning project which, with a federal grant of
$50,000, is expected to continue through 1962. The two major subjects
under study are a Stage Development Plan and an Analysis of Legis-
lation Affecting Planning. The latter study will in effect deal with
some of the means of implementation that are expected to emerge
out of the stage development plan. That plan is building upon all
previous studies undertaken by the Baltimore Regional Planning
Council and' particularly upon the findings of the Baltimore-Wash-
ington Interregional Study as they relate to proposals for new towns.
The "staging" will consist of recommendations relative to the suc-
cessive development of such towns, priorities in construction of high-
ways and public utilities and extent of land controls.

The Baltimore Regional Planning Council performs its tasks with
a staff of three persons, aided by expert technical committees and
consultants. It has established close working relationships with the
many departments of its constituent jurisdictions as well as with
several important State agencies. Unlike the first two projects when
the matching of federal grants was done almost exclusively by the
provision of staff services, the current project utilizes local cash as
well as staff services.

Appropriations 1961 1962

Special Funds ........................... .... .. $15,000 $15,000
Federal Funds ................... ..................... $40,062 $32,500
Staff: 3.

Supervision of Business

BANK COMMISSIONER

W. B. Milford, Bank Commissioner, 1963
John D. Hospelhorn, Deputy Bank Commissioner
H. E. Meeks, Chief Examiner
Charles C. Ehrig, Senior Examiner

301 W. Preston Street, Baltimore I Telephone: 837-9000

The office of the Bank Commissioner was created by Chapter 219,
Acts of 191O. The Bank Commissioner is appointed by the Governor
for a term of four years. The Department has general supervision over
all banking institutions in the State other than national banks. It
must examine each institution at least twice in eighteen months and
at such other times as the Commissioner may deem expedient and at
any time upon request of the board of directors of the institution.
Whenever the capital stock of an institution is reduced by impair-
ment, and such impairment is not made good as prescribed by law, or
whenever it is found that an institution is being conducted in an un-
safe manner, the Bank Commissioner may take possession, as pro-
vided by law, and retain possession until it resumes business or is
finally liquidated. If a banking institution, excepting a national bank
fails, the Bank Commissioner acts as receiver, liquidates its assets'
and terminates its affairs under the jurisdiction of the court. The
Commissioner may delegate this power to the Deputy Commissioner