672

LAWS OF MARYLAND.

Weekly de-
positors.

4. That every person who shall be a weekly de-
positor of the Monumental Savings Bank, and who
shall have deposited not less than one dollar for
each week for the period of ten weeks, shall there-
by become a member of said corporation, and shall
have the right to require and receive from the
President thereof, or other officer in its behalf by
the by-laws appointed or designated, a certificate
of membership, and the person so becoming a
member shall, so long as said deposit shall remain
in said Bank, be entitled to all the rights and

Privileges of
members.

privileges of a member of said corporation under
the provisions of this Act, or any supplement
thereto, and under the by-laws of said corpora-
tion; and the regular weekly deposits of any
member of said corporation shall in no case exceed
the sum of ten dollars for any one week, and the
whole amount of such deposits of any such mem-
ber shall in no instance exceed the sum of five
thousand dollars; provided, that nothing in this
Act shall be so construed as to confer authority on
the Directors or Stockholders of said corporation,

Cannot
restrict.

by any rule or by-law, to restrict or limit the num-
ber of weekly depositors in said Bank; provided,
however, that the amount paid in by each deposi-

Not less.

tor be not less than one dollar per week, and
that they in all things comply with the provisions
of this Act and the rules and by-laws which may
from time to time be adopted.

Receive valua-
bles.

Sec. 3. And be it enacted, That the President
and Directors of said Monumental Savings Bank
be and they are hereby authorized and empowered,
at their discretion, to receive on deposit, daily, all
such valuables, gold, silver or paper money, bul-
lion, precious metals, certificates of stock or evi-
dences of indebtedness, deeds or muniments of
title or other valuable papers, or any other article
or thing whatsoever which may be deposited in
said Savings Bank, and generally to transact and
perform all the business relating to the deposit of
all such articles, moneys or other valuables as may
be deposited in said Bank under the provisions of

How invested.

this section, and may invest such moneys as may
be deposited with said corporation from time to
time, in the bonds of the United States or any of
them, bills of exchange, promissory notes, mort-