590 CORPORATIONS. [ART. 23

before the repeal thereof, and which existed a.t the time of the passage
of the act of 1904 hereinbefore referred to; provided, however, that as
to any plaintiff or plaintiffs in any of said abated suits who shall within
sixty days from the passage: of this act become a party or parties to a
bill in equity of the character mentioned in this section, then, as regards
the operation of the statute of limitations upon the claims so sued on,
the time elapsed between the institution of said abated suits and the
time of such plaintiff or plaintiffs becoming a party or parties to said
bill in equity, shall be excluded in ascertaining the period within which
suits are required to be brought by the said statute of limitations. The
costs taxable to any plaintiff or plaintiffs in any action at law which
shall be abated under the provisions of this section, the plaintiff or
plaintiffs in which action shall become a party or parties to a bill in
equity under the provisions of this section, shall become a part of the
costs taxable in the proceedings in said equity case.

The portion of this section relating to actions against stockholders Insti-
tuted before its passage is constitutional and valid. Abatement of actions
at law. Practice. Miners' Bank v. Snyder, 100 Md. 64; Murphy v. Wheatley,
100 Md. 366. And see Pittsburg Steel Co. v. Baltimore Equitable Society, 113
Md. 82. Cf. Myers v. Knickerbocker Trust Co., 139 Fed. Ill (affirming 133
Fed. 764); Knickerbocker Trust Co. v. Cremen, 140 Fed. 973.
Cited but not construed in Coulbourn v. Boulton, 100 Md. 354.
See notes to sec. 65.

1904, art. 23, sec. 106. 1900, ch. 212, sec. 85 M. 1904, ch. 251.
118. Every life insurance company and accident insurance company

incorporated under the laws of this State, and every safe deposit, trust,
guaranty, loan and fidelity company or association, incorporated undei
any law of this or any other State, district or territory of the United
States or any foreign country receiving money on deposit or assuming
any obligation in this State, may, as the security on deposit now or
hereafter required by law to be deposited with the treasurer of Mary-
land by laws, and especially by sections 110 and 157 of this article, trans-
fer and assign to said treasurer such first mortgage bonds of electric
railways of this State as may be approved by the board of public works,
in lieu of the kinds of securities now required by law to be deposited
with said treasurer; or said companies may in lieu of said securities
transfer and assign to said treasurer bonds secured by a first mortgage
on real estate situated in the State of Maryland and owned by the com-
pany required by law to make such deposit whenever such bonds may
be approved as security by the board of public works. If at any time
the board of public works shall find that the bonds approved by them
have either fallen in value or have ceased to be proper security to be
held by said treasurer, 'then the said board shall direct any company
having any of said bonds on deposit with him as security as aforesaid,
to either deposit an additional number- of bonds with said treasurer or
to withdraw the said bonds entirely and substitute bonds of a different
kind in their place; if the said company or companies owning said
bonds shall fail, within ten days from the receipt of a notice from the
treasurer to that effect, to alter, increase the number of said bonds on