ELIHU E JACKSON, ESQUIRE, GOVERNOR.

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might lawfully make or require if said company was a natural

person.

SEC. 20. And be it enacted, That the board of directors of said

company shall make all by-laws, rules and regulations with power

Alter or

to alter or amend the same necessary for conducting the business

amend.

of the company, copies of which shall at all times be accessible

to all persons transacting business with said company.

SEC. 21. And be it enacted, That this act shall take effect from

Effective.

the date of its passage.

Approved April 8, 1890.

CHAPTER 541.

AN ACT to extend the privileges and enlarge the powers of the

trust and deposit company of Westminster, Carroll county,

Maryland.

WHEREAS, the trust and deposit company of Westminster, in

Carroll county, was duly incorporated on the eighth day of March,

in the year eighteen hundred and ninety, under the general in-

corporation act of this State, with a capital stock of one hundred

Preamble

thousand dollars, divided into two thousand shares, of the par

value of fifty dollars each, for the purpose of conducting a trust

and deposit company in Carroll county, Maryland, and for the

purpose of extending the privileges and enlarging the powers of

said company.

SECTION 1. Be it enacted by the General Assembly of Maryland,

That the trust and deposit company of Westminster, that in ad-

dition to the powers possessed by it under its certificate of incor-

To amend.

poration, shall have and possess the further powers, rights, privi-

leges and franchises particularly mentioned in this act, and that

its charter, as set out in said certificate, shall be altered and

amended so as to conform to the provisions of this act.

SEC. 2. And be it enacted, That said corporation shall have per-

petual succession, and adopt a corporate seal, sue and be sued,

Perpetual

succession

plead and be impleaded.

SEC. 3. And be it enacted, That the capital stock of said com-

pany shall consist of two thousand shares, of the par value of fifty

dollars each, being one hundred thousand dollars, as set forth in

said certificate of incorporation; and said company shall have

Capital
stock

power to open books of subscription at such times and places as

it may deem expedient, and when twenty-five per centum of its

capital has been paid in, the stockholders may elect ten directors

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