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1892.] OF THE HOUSE OF DELEGATES. 125
On motion of Mr. Laird,
The bill was ordered engrossed for a third reading.
House bill entitled an Act to amend section 2, Arti-
cle 3 and section 13, of chapter 495, of the Acts of
the General Assembly of Maryland, passed January
Session, 1882, entitled an Act to incorporate the Na-
tional Trust and Guarantee Company.
Was considered, with the following proposed
amendment:
AMENDMENT PEOPOSED
Strike out all after the words "a bill," and insert
the following in lieu thereof :
Entitled an Act to repeal section two, section three
and section thirteen, of chapter four hundred and
ninety-five, of the Acts of the General Assembly of
Maryland, passed at its January Session, eighteen
hundred and eighty-two, entitled "An Act to incor-
porate the National Trust and Guarantee Com-
pany," and to re-enact the same with amendments.
Section 1. Be it enacted by the General Assembly
of Maryland, That section two, section three and
section thirteen, of chapter four hundred and ninety-
five, of the Acts of the General Assembly of Maryland,
passed at its January Session, eighteen hundred and
eighty-two, entitled "An Act to incorporate the Na-
tional Trust and Guarantee Company," be and the
same are hereby repealed and re enacted so as to read
as follows:
2. And be it enacted, That the capital stock of said
company shall consist of ten thousand shares at one
hundred dollars each, being one million of dollars,
with the privilege to increase the same by a vote of
the stockholders at a special meeting to be called for
that purpose, to two millions of dollars ; and the cor-
porators, or a majority of them named in this Act,
shall have power to open books for subscription at
such times and places as they may deem expedient;
and when not less than three thousand shares have
been subscribed and when twenty-five per centum
theron has been paid in, the stockholders may elect
twenty-three directors to serve until the ensuing an-
nual election, or until their successors shall have been
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