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LAWS OF MARYLAND.

CHAPTER 385.

AN ACT to repeal and re-enact section fifteen of chapter

five hundred and ninety-eight of the acts of the General

Assembly of Maryland, passed at the January session of

eighteen hundred and ninety, entitled "An act to amend

the charter of the Loan, Trust, Security and Insurance

Company of Harford County, and to enlarge its powers,"

and to add a new section to said chapter to be numbered

section sixteen.

SECTION 1. Be it enacted by the General Assembly of

Amend-

Maryland, That section fifteen of chapter five hundred and

ment.

ninety -eight of the acts of the General Assembly of Mary-

land, passed at the January session of eighteen hundred and

ninety, entitled "An act to amend the charter of the Loan,

Trust, Security and Insurance Company of Harford County,

and to enlarge its powers," be, and the same is hereby

repealed and the following enacted in lien thereof, and that

a new section be and the same is hereby added to said

chapter, to be numbered section sixteen.

15. That the said company shall have power to make

May insure

insurance of any kind, and to execute and perfect all such

instruments of writing as may be required therefor, and

shall also have power to consolidate with any other company

or corporation having like or similar powers, upon such

terms as may be agreed upon by the majority of the stock-

holders of each company or corporation.

Repeal.

SEC. 16. And be it enacted, That the Legislature shall

have power at any time hereafter to repeal, alter or modify

this act.

SEC. 2. And be it enacted, That this act shall take effect

Effective.

from the date of its passage.

Approved April 7th, 1892.