EDWIN WARFIELD, ESQ., GOVERNOR.
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285
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chairman and secretary, and the seal of the said corporation,
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shall be recorded in the office of the Clerk of the Circuit Court
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for Somerset County, and from and after the recording of said
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certificate the said corporation shall be known by the name
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of "Bank of Somerset," and by the last-mentioned name shall
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have perpetual succession, and may adopt a corporate seal and
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otherwise, in all respects, do, execute and perform whatever
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may. can or might lawfully be done, executed and performed
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within the scope and for the object and purposes of said
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corporation ; provided, and it is expressly declared that the
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change of name thereby made shall in nowise affect the rights.
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privileges and powers of said corporation, and shall in nowise
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In nowise to
affect existing
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impair or affect existing contracts, engagements and liabilities
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contracts or
liabilities.
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of said corporation with or to other persons, or of other per-
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sons with or to said corporation, and that all property, real, per-
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sonal or mixed, owned by or vested in said Savings Bank of
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Somerset County, shall, when said change of name is made,
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be owned by and vested in the Bank of Somerset.
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SEC. 16. And be it enacted, That if the name of said cor-
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poration shall be changed in the manner mentioned in the pre-
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New certifi-
cates of
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ceding section, the directors of said corporation shall cause to
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stock.
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be issued to the stockholders thereof certificates of stock in
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the "Bank of Somerset," in lieu of the certificates heretofore
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issued to them in the "Savings Bank of Somerset County."
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SEC. 17. And be it enacted, That the General Assembly of
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Right to
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Maryland hereby reserves to itself the right to alter, amend
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amend Act.
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or repeal this Act at its pleasure.
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SEC. 18. And be it enacted, That this Act shall take effect
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from the date of its passage.
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Approved March 25, 1904.
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CHAPTER 167.
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AN ACT to authorize the Board of County Commissioners
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of Worcester County to appropriate and pay over to the
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Board of County School Commissioners of Worcester
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County a sum of money belonging to the permanent free
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school fund of said county, to be used in building and re-
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pairing school houses in said county.
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SECTION 1. Be it enacted by the General Assembly of Mary-
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land, That the Board of County Commissioners of Worcester
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