180

LAWS OF MARYLAND.

the stock and the estate and funds in the hands of such exe-

cutor, administrator, guardian or trustee shall be subject to

the liability imposed upon the holders of said shares. And

the liability of such stockholders shall be an asset of the

corporation for the benefit ratably of all the depositors and

creditors of any such corporation, if necessary, to pay the

debts of such corporation, and shall be enforceable only by

appropriate proceedings by a receiver, assignee or trustee of

such corporation acting under the orders of a court of compe-

Rights of cred-

tent jurisdiction ; provided that this Act shall not affect the

itors or depos-
itors not af-

rights or remedies of any creditor or depositor under the

fected.

existing laws of this State against the stockholders of any

such corporation, who were liable to any such creditor or

depositor at the date of the passage of this Act ; and provided

further, that nothing in this Act shall be considered as a con-

struction by the Legislature of the law hereby repealed.

SEC. 2. And be it enacted, That this Act shall take effect

from the date of its passage.

Became a law by expiration of six days.

CHAPTER 102.

AN ACT to authorize James M. Budd to build a wharf at

Budd's Landing, on the Cecil County side of the Sassafras

I

river.

SECTION 1. Be it enacted by the General Assembly of Mary-

Authority to
build a wharf.

land, That James M. Budd be and he is hereby authorized

to build a wharf at Budcl's Landing, on the Cecil County

side of Sassafras river, on his property in Cecil County, border-

ing on said river; provided, however, that said wharf shall

not extend beyond the northern edge of the charm el of said

river and shall not be constructed upon the property of any

other person or so as to interfere with the navigation of

said river or the riparian right of adjoining owners of land.

Siic. 2. And be it enacted. That this Act shall take effect

from the date of its passage.

Approved March 18, 1904.

CHAPTER 103.

AN ACT to prohibit the grafting of licenses for the sale

of spirituous or fermented liquors or lager beer in Election

Districts, Nos. 6, 10 and 12, of Garrett County, Maryland.