|
PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 957
WHEREAS, The aforesaid amendment to the original charter,
among other things, provided that "The liability of the stock-
holders thereof shall at all times be determined by the laws
of the State in force at the time the said liabilities may
attach"; and,
WHEREAS, There is doubt as to whether or not the said weekly
deposits are capital stock, which doubt it is intended by this
act to remove; now, therefore,
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the capital stock of the Emmitsburg Savings Bank
of Frederick County, Maryland, shall be the sum of twenty-
five thousand dollars ($25,000), to be divided into twenty-five
hundred (2,500) shares of the par value of ten dollars ($10)
each.
SEC. 2. And be it further enacted, That the holder of certi-
ficates for weekly deposits of said bank may surrender said
certificates to the said bank, and receive in place thereof a like
amount of the par value of the capital stock of said bank, or
shall receive in cash the face value of the certificates for weckly
deposits, and when all of the said certificates shall have been
Surrendered to said bank no more such certificates shall be
issued, and the liabilities of the stockholders thereof shall at
all times be determined by the laws of the State in force at
the time the said liabilities may attach.
SEC. 3. And be it further enacted. That the said bank shall
be subject to the provisions of Article 11 of the Public General
Laws of this State, title. "Banks," and any amendment thereof.
SEC. 4. And be it further enacted, That this act shall take
effect from the date of its passage.
Approved April 11, 1912.
CHAPTER 653.
AN ACT giving to jewelers and silversmiths a lien for repairs
made to or on articles by jewelers and silversmiths and sale
of repaired articles.
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That upon all articles left or given to jewelers or silver-
smiths for repairs or work on, the jewelers or silversmith shall
have a lien on said article or articles for cost of repairs, work
on and material put on or in such article. And two years
after the completion of repairs, work on or material put on or
|