limitations generally contained in Article 11
(Code 1957, 1976 Repl, Vol., Art. 11,
sec. 67).
BANKING BOARD
Ex officio member: Louis L. Goldstein,
Comptroller of the Treasury
Appointed members: Roger W. Simpkins,
Maryland State Bankers Association,
1977; J. Stevenson Peck, Baltimore Clear-
ing House, 1979; Carter Kaufman, 1980;
Michael Weinman, 1980; C. Edgar Smith,
Jr., Associated Mutual Savings Banks of
Maryland, 1981.
The Banking Board, established by Chap-
ter 489, Acts of 1935, is composed of the
Comptroller of the Treasury, and five mem-
bers appointed by the Governor with the
advice of the Secretary of Licensing and
Regulation from lists of nominees submitted
by (1) the Baltimore Clearing House, (2)
the Associated Mutual Savings Banks of
Baltimore, and (3) the Maryland State
Bankers' Association. Two members repre-
sent the general public. Members hold office
for six years. The members of the Banking
Board are subject to the call of the Bank
Commissioner to confer and consult with
him in any matter concerning the business
of any State banking institution upon which
the Commissioner requests their advice and
counsel. The law further provides that the
Board's functions shall be purely advisory,
to assist the Commissioner with sound and
impartial guidance, as additional protection
in maintaining the business of banking and
banking institutions throughout Maryland in
such manner as will give the fullest possible
protection to the interest of depositors and
stockholders (Code 1957, 1976 Repl. Vol.,
Art. 11, sec. 27).
BOARD OF BARBER EXAMINERS
President: Simon V. Avara, 1979
Joseph P. Derrico, 1978; Thomas Lee Ed-
wards, 1978; Vacancy, 1979; Joseph Gi-
ordano, 1980.
Secretary: Andrew Pecora, 1980
One South Calvert Street,
Baltimore 21201 Telephone: 383-2446 |
The State Board of Barber Examiners,
originally created by Chapter 226, Acts of
1904, had its membership enlarged by
Chapter 509, Acts of 1969, and again en-
larged by Chapter 582, Acts of 1975. The
Board consists of seven members appointed
by the Governor with the advice of the
Secretary of Licensing and Regulation for
five year terms. Five members of the Board
must have been barbers for the last five
years prior to their appointment. Two mem-
bers represent the public. The Governor
designates the President, Secretary and
Treasurer of the Board.
The Board examines and registers all ap-
plicants for barber licenses in the State of
Maryland. It has authority to appoint sub-
boards with the approval of the Secretary
of Licensing and Regulation, to assist in its
inspection and licensing activities.
The Board has the power to make such
rules and regulations which are reasonably
necessary for the performance of its duties
(Code 1957, 1971 Repl. Vol., 1975, Art.
43, sees. 311-325B).
Staff: None.
DIVISION OF BUILDING, SAVINGS
AND LOAN ASSOCIATIONS
THE DIVISION
Charles H. Brown, Jr., Director
David H. Wells, Jr., Deputy Director
One South Calvert Street,
Baltimore 21201 Telephone: 383-2314
The Division of Building, Savings and
Loan Associations was originally created by
Chapter 205, Acts of 1961 as the Depart-
ment of Building, Savings and Loan Asso-
ciations. It received its present name by
Chapter 402, 1970.
The Division supervises and regulates the
organization and operations of State-char-
tered building, savings and loan associations. •
The Division also examines regularly the
affairs of each association at least once a
year, if possible, to determine compliance
with the Act, as well as regulations and poli-
cies, procedures and practices of the savings
and loan business. As of June 30, 1975,
there were 157 State-chartered associations |
