1060

LAWS OF MARYLAND.

in stock and bonds of any State, city, county, municipality or

corporation, or joint stock company or copartnership, to guar-

Validity of

antee the validity of title to real, leasehold or chattel property,

titles to prop-

and to guarantee the payment of credit, or any part thereof,

erty.

given or intended, or to be given or intended, by or to any

person, firm or corporation.

Rules, regula-

SEC. 14. And be it enacted, That the president, vice-presi-

tions, etc.. to

dents, and directors of the corporation hereby created shall

be adopted.

have power to enact and adopt such rules, regulations and by-

laws for the management of the affairs of said corporation as

they shall deem advantageous to the interest thereof; pro-

vided that the same be not contrary to the law of the land.

SEC. 15. And be it enacted, That the General Assembly re-

Right to re-
peal same.

serves the right to repeal, alter or amend this Act at its pleas-

ure; provided that said corporation shall be subject at all times

to the provisions of the Acts of 1892, Chapters 109 and 279,

or amendments or supplements thereto.

SEC. 16. And be it enacted, That the stockholders of the said

Liability for
all of its

Real Estate Trust and Banking Company shall be liable to the

debts.

amount of their respective share or shares of stock in said

company for all of its debts and liabilities upon notes, bills

or otherwise.

SEC. 17. And be it enacted, That this Act shall take effect

from the date of its passage.

Approved April 12, 1904.

CHAPTER 610.

AN ACT to refund to Maria Lee Smith a sum of money paid

in error to the State Treasurer.

SECTION I. Be it enacted by the General Assembly of Mary-

Taxes paid er-
roneously.

land, That the Comptroller is hereby directed to issue his

warrant upon the Treasurer, payable to Maria Lee Smith, for

the amount of thirty-five dollars and thirty-eight cents, said

amount having been paid by her to the County Treasurer of

Frederick County as tax on income of seven thousand dollars

mortgage, erroneously assessed against her for the years 1898,

1899, 1900, 1901 and 1902.

Approved April 12, 1904.