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Session Laws, 1884 Session
Volume 424, Page 441   View pdf image (33K)
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ROBERT M. McLANE, ESQUIRE, GOVERNOR.

441

ary session, eighteen hundred and sixty-six, chapter


one hundred and twenty-eight, entitled " An act to


amend the act entitled an act to incorporate the Dime


Savings Bank in the city of Baltimore, passed at


January session eighteen hundred and fifty-four,


chapter three hundred and twenty and its supplement


passed at January session eighteen hundred and fifty-


six, chapter two hundred and forty-five," be and the


same is hereby repealed.


SEC. 2. And be it enacted, That section one of the


act passed at January session, eighteen hundred and


fifty six, chapter two hundred and forty-five, entitled


" An act to amend the act entitled an act to incor-


porate the Dime Savings Bank in the city of Balti-


more, passed at January session, eighteen hundred


and fifty-four, chapter three hundred and twenty," as


the same was amended by the act passed at January


session, eighteen hundred and sixty-six, chapter one

.Repealed and
re-enacted.

hundred and twenty-eight, entitled " An act to amend


the act entitled an act to incorporate the Dime


Savings Bank in the city of Baltimore, passed at


January session, eighteen hundred and fifty-four,


chapter three hundred and twenty, and its supplement,


passed at January session, eighteen hundred and fifty-


six, chapter two hundred and forty-five " be and the


same is hereby repealed, and that the same be and is


hereby re-enacted so as to read as follows.


SECTION 1. Be it enacted by the General Assembly


of Maryland, That the Central Savings Bank of


Baltimore shall be capable of receiving from any


person or persons, or bodies corporate or politic, any


deposit of money, which shall he invested, or loaned


out on good security, in the discretion of the directors,


provided no part of the funds of said corporation


shall be loaned to any officer or director of said corpo-


ration. It shall be the duty of the directors, at least


once in every twelve months, to make and declare

Duty of direc-
tors.

such dividends of the interest and profits of said


institution as will not impair the deposit thereof, or


otherwise injure or effect the interest or credit of said


institution, and the same to pay over unto the deposi-


tors or their legal representatives within ten days there-


after, if called upon so to do and no director or other


officer shall be liable in his person or property for any

Not liable.

debts, contracts or engagements of the said corpora-


tion, but the money, property, rights and credits of




 
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Session Laws, 1884 Session
Volume 424, Page 441   View pdf image (33K)
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