WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 75

	thereof one share of the par value of one hundred
	dollars for every twelve and one-half shares of the
	par value of eight dollars, and to that end either
	issue or buy to or from each shareholder the requi-
	site fractional parts of shares to make the shares of
	one hundred dollars each.
	SECTION 1 . Be it enacted ly the General Assem-
	bly of Maryland, That the par value of the shares	Par value of
	of stock of the Franklin Bank of Baltimore be and	shares re-
	the same is hereby reduced to eight dollars per	duced.
	share.
	SEC. 2. And be it enacted, That the number of
	shares of stock of the said corporation shall be and
	the same is hereby reduced to forty thousand, and	Number of
	that the president and directors be and they are	shares r e-
	hereby authorized to that end to cancel the shares	duced.
	of stock of said bank heretofore bought and held
	in the name of the bank.
	SEC. 3. And be it enacted, That each share of	Entitled to
	stock shall be entitled to one vote at all meetings of	one vote
	the stockholders, and at all elections for directors.
	SEC. 4. And be it enacted, That the president and
	directors be and they are hereby authorized and em-
	powered at any time, and in such manner as they
	shall prescribe, to call in the then outstanding shares
	of stock of the par value, as reduced, of eight dollars,
	and to give in lieu thereof one share of stock of the	Call in out-
	par value of one hundred dollars for every twelve	standing
	and one half shares of the par value of eight dollars,	shares
	and to either issue, and sell to or buy from, each
	shareholder, whichever of the two he may elect, the
	fractional part or parts of shares requisite to the car-
	rying out of this provision.
	SEC. 5. And be it enacted, That so soon as the
	provisions of the last section shall have been car-	Change cor-
	ried out, the president and directors may, in their	porate name.
	discretion, by resolution, advertising the same in
	like manner as required for a call for general meet-
	ings of stockholders, change the corporate name of
	the said Franklin Bank from the President and Di-