ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

148)

of said corporation; they shall also fix the amount of bond to be

given by the officers for the faithful discharge of their respective

duties and to regulate their salaries to be paid them.

SEC. 4. And be it enacted, That the said corporation shall have

power to borrow money, receive money on deposit, to loan money,

taking such security therefor either real or personal as the board

of directors may deem sufficient; provided, that no part of the

funds of said corporation shall be loaned to an officer or director

Powers.

thereof; buy, sell, lease, mortgage or otherwise dispose of land ;

may accept and hold all such trusts as shall or may be committed

to it by any person or by the order or direction of any judge or

court or tribunal, and make such special regulations in reference

to trust funds and special or other deposits as the board of direc-

tors may think it advisable.

SEC. 5. And be it enacted, That at all elections for directors every

stockholder shall be entitled to one vote for every share held, and

the stockholders may either vote in person or by proxy, but no

Elections

share of stock shall entitle any holder to a vote which shall not

have been holden two calendar months previous to the day of elec-

tion.

SEC. 6. And be it enacted, That whenever any deposit shall be

made by any minor the directors of said corporation may, at their
discretion, although no guardian shall have been appointed for

said minor or the guardian of such minor shall not authorize the

drawing of the same, pay the amount of such deposit, and the

check, receipt or acquittance of such minor shall be as valid and

effective as if executed by such guardian or said minor was of

Minors-

legal age; provided such deposit was made personally by said minor,

and whenever any deposit shall have been made by a married

woman, may repay the same on her own receipt.

SEC. 7. And be it enacted, That this act shall take effect from

Effective.

the date of its passage.

Approved March 21, 1890.

CHAPTEE 146.

AN" ACT to extend and renew the charter and to continue the

corporate existence of the Baltimore warehouse company with

all the rights, powers and properties heretofore granted and

now held by it.

WHEREAS, it is represented to this General Assembly that

Henry James, James S. Whedbee, James A. Gary, Theodore

Preamble

Hooper, A. T. Myer, George C. Jenkins, Colm A. Foote and

others, stockholders of the Baltimore warehouse company, which