E. LOUIS LOWE, ESQUIRE, GOVERNOR.
631
CHAPTER 441.
AN ACT to continue the corporate existence of the
several Banking Institutions therein mentioned.
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Passed May
30, 1853.
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SECTION 1. Be it enacted
by the General Assembly
of Maryland, That the several corporations following,
to wit: the president, directors and company of
the Bank of Baltimore; the president and directors of
the Union Bank of Maryland; the president, directors
and company of the Farmers' Bank of Maryland; the
president and directors of the Mechanics Bank of Baltimore;
the president and directors of the Marine Bank
of Baltimore; the president and directors of the Commercial
and Farmers' Bank of Baltimore; the president
and directors of the Farmers' and Merchants
Bank of Baltimore; the president and directors of the
Frederick County Bank; the Farmers' and Mechanics
Bank of Frederick County; the president and directors
of the Cumberland Bank of Allegany; the
Mineral Bank of Maryland; the Merchants Bank of
Baltimore; the Fell's Point Savings Institution of Baltimore;
the Farmers' and Planters Bank of Baltimore;
the Citizens Bank of Baltimore; the Chesapeake Bank
of Baltimore; the Western Bank of Baltimore; the
president, directors and company of the Hagerstown
Bank; the Bank of Westminster and the Patapsco
Bank of Maryland, be, and they are hereby continued
in existence as bodies politic and corporate under their
several names aforesaid, from the time when according
to existing laws the said corporations would severally
expire until the first day of January in the year eighteen
hundred and eighty, and until the end of the
regular session of the General Assembly next thereafter;
Provided however, that the said corporations are
continued upon the conditions, and subject to the limitations
in this act contained, and the several corporations
shall be, and they are hereby made subject from
and after the times when they would severally expire
in pursuance of existing laws, to the several provisions
and articles herein contained.
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Corporations
continued.
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SEC. 2. And be it enacted,
That the capital stock
of the said several corporations shall consist of the
known as the president, directors and company of the
Bank of Baltimore, of one million two hundred thousand
dollars, in shares of one hundred dollars each; of
the president and directors of the Union Bank of Maryland,
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Capital stock.
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