E. LOUIS LOWE, ESQUIRE, GOVERNOR.
231
SEC. 10. And be it enacted,
That nothing herein
contained shall be construed, to give to the said company
banking privileges; and the Legislature hereby
reserves the right to alter, amend or repeal the charter
hereby created.
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Banking forbid.
Reservation.
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SEC. 11.. And be it enacted,
That this act shall take
effect from the day of its passage.
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In force.
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CHAPTER 193.
AN ACT to incorporate the Smithsburg Savings Institution.
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Passed May
11, 1853.
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SECTION 1. Be it enacted
by the General Assembly
of Maryland, That Isaac Gehr, Doctor E. Bishop,
Lewis Triule, Joseph Garver, John Welty, Philip Oswald,
George Pearson, Henry Smith, A. C. Martin, J.
S. Besore, Adam Vogle, William Adams, Henry W.
Lyday, Levi Leister, Frederick Unger and all, and
every other person hereafter becoming members of the
Smithsburg Savings Institution, in the manner hereafter
mentioned, shall be, and are hereby created
and made a corporation or body politic, by the name
and style of the Smithsburg Savings Institution, and
by that name shall have succession, and be capable by
law, to hold and dispose of real and personal property
by deed or otherwise, to sue and be sued, plead and be
implead, answer and defend, and be answered and defended
in courts of law and equity, or in any other
place whatsoever, and to receive and make all deeds,
transfers, contracts, conveyances and grants whatsoever,
and to make, have and use a common seal, and the
same to change and renew at pleasure, and generally
to do every other act or thing necessary to carry into
effect the provisions of this act.
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Incorporated.
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SEC. 2. And be it enacted,
That there shall be a
meeting of the members of the Smithsburg Savings
Institution, on such day in the month of June next, or
at any other time, and at such place as the seven persons
first above named, or a majority of them, shall appoint,
and give at least ten days notice in one or more
newspapers published in Washington county, and in
the month of July next, and at such place annually
thereafter as the by-laws of said Institution shall provide,
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Meeting to be
held.
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