1114 LAWS OF MARYLAND. [CH. 581
CHAPTER 581.

AN ACT to repeal and re-enact, with amendments, Section
52A of Article 11 of the Annotated Code of Maryland
(1929 Supplement), title "Banks and Trust Companies, "
sub-title "General Regulations, " to provide for the per-
petual succession of all "Banking Institutions" organ-
ized under the laws of this State.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 52A of Article 11 of the Annotated
Code of Maryland (1929 Supplement), title "Banks and
Trust Companies, " sub-title "General Regulations, " to pro-
vide for the perpetual succession of all "Banking Institu-
tions" organized under the laws of this State, be and the
same is hereby repealed and re-enacted to read as follows:

52A. Every "Banking Institution" heretofore or here-
after organized under the laws of this State shall have, until
forfeiture, the right of perpetual succession; and all provi-
sions in the charter or certificate of any existing "Bank-
ing Institution" or imposed upon it by any act in force at
the time of its creation or formation, limiting its duration,
are hereby annulled and repealed; the provisions of this
section to apply to all "Banking Institutions" organized
under the laws of this State, whether the period of time
for which they were created, as set forth in their charter
or certificate, or imposed by law, shall have expired or not;
and all "Banking Institutions" created for a designated
period of time, which time has heretofore expired, are
hereby declared valid and legal for all intents and purposes
whatsoever.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1933.

Approved April 21, 1933.

CHAPTER 582.

AN ACT to authorize the County Commissioners of Mont-
gomery County to purchase a lot or parcel of ground for
use as a dump.