EDWIN WARFIELD, ESQ., GOVERNOR.

353

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

land, That the charter of the Bank of Delmar, of Delmar,

Certificate of
incorpora-

Maryland, as it appears by its certificate of incorporation dated

tion.

the I4th day of December, 1896, in Liber S. P. T., No. I, folio

117, etc., of the Incorporation Records of said county, be and

the same is hereby ratified and confirmed, and the shareholders

thereof are hereby declared to be a body corporate and politic,

under the name and style of the "Bank of Delmar."

SEC. 2. And be it enacted, That said corporation under the

To sue and be

above name and style, is made able and capable in law to sue

sued, plead

and be sued, plead and be impleaded, answer and be answered,

and to im-
plead, etc.

defend and be defended in court of law ; to make, have and use

a common seal, and the same to break, alter and renew at their

pleasure, and generally to do and execute all and singular

such acts, matters and things as a corporation and body politic

may and can lawfully execute.

SEC. 3. And be it enacted, That the capital stock of the said

bank shall be twenty-five thousand dollars, with the privilege

Capital stock.

to increase the capital stock to one hundred thousand dollars

by new subscriptions, or by adding to said capital a portion of

the profits not otherwise appropriated, whenever it shall be so

determined by the directors and endorsed by the stockholders.

SEC. 4. And be it enacted, That the regular annual meeting

of the shareholders for the election of directors shall be held

Regular an-
nual meet-

at the banking house of this institution on the first Wednesday

ings.

of December of each year; but if no election shall be held on

that day it may be held on any other day, according to the pro-

visions of the by-laws; and all elections shall be held according

to such regulations as may be prescribed by the board of

directors, not inconsistent with the provisions of the statutes

of Maryland.

SEC. 5. And be it enacted, That the directors of the corpor-
ation may at any time call a general meeting of the stock-

Directors'
right to call a

holders for any purpose relating to the institution, giving at

general
meeting.

least two weeks' notice by advertising in some newspaper hav-

ing a large circulation among the stockholders, of the time

and place of such meeting; and any number of the stockholders

owning not less than one-fourth of the stock of the corporation

may at anf time apply to the said directors to call a meeting

of the stockholders for any purpose relating to the institution ;

and if the directors shall fail to call such meeting, the stock-

holders ov'ning not less than the aforesaid amount of one-

fourth of the stock of the corporation shall have power to call