PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 1325

time, as the present or any future board of directors may elect
from among the lot owners and land shareholders of the cor-
poration; members when elected shall continue as such during
life or until they shall have resigned, but membership may be
terminated by the board of directors for conduct prejudicial to
the interests of the corporation; the members shall not have
any interest by virtue of their membership in the monies or
property of the corporation nor be liable for its debts; each
member shall be entitled to one vote at all meetings of the cor-
poration. The corporation shall have a board of nine directors
to be elected by a majority vote of the members present at the
annual meeting and entitled to vote, but the present board of
directors shall exercise all the powers of the corporation until
their associates on the board shall be elected and qualified.

SEC. 3; And be it enacted, That the land of said corporation
shall be located in Spaulding District in Prince George's county,
and shall consist of one tract or contiguous tracts, excepting as
the same may be divided by roads or highways, and the property
of said corporation, both real and personal, shall be subject to
State and county taxation as other property located in Prince
George's county.

SEC. 4. And be it enacted, That this act shall take effect
from the date of its passage.

Approved April 15, 1912.

CHAPTER T88.

AN ACT to extend and enlarge the powers and privileges of the
Farmers' Bank of Somerset County, a corporation formed
under the provisions of the Public General Laws of Mary-
land.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the Farmers' Bank of Somerset County, a corpora-
tion duly formed under the provisions of the Code of Public
General Laws of Maryland, in addition to the powers and
privileges conferred upon it by its certificate of incorporation,
which is hereby ratified and confirmed, shall have the further
rights, privileges and powers particularly mentioned in this act.

SEC. 2. And be it enacted, That the stockholders of said cor-
poration be and they are hereby authorized at any special or
annual meeting, by a vote of two-thirds of the capital stock of
the said corporation, to increase the capital stock of the same
from time to time from fifteen thousand dollars, its present cap-
ital, to such an amount or amounts as they may determine, not