668

LAWS OF MARYLAND.

regulations in reference to trust funds and
special or other deposits as the Board of Di-
rectors may think it advisable; may purchase
and hold such real and personal estate and
property as may be necessary for the accom-
modation and transaction of its business; may
issue letters of credit and other commercial
obligations, and generally, may do and trans-
act a general banking business.

SEC. 8. And be it enacted, That the Board of
Directors shall have power to regulate all
matters pertaining to special or trust deposits,

Special deposit.

the amounts to be received at any time, and
the manner the same may be received or paid,
as the case may be, and to make all needful
regulations in that behalf; provided, that the
aggregate amount of such special or trust de-
posits shall not at any one time exceed the
capital stock in said bank.

SEC. 9. And be it enacted, That whenever
any deposits shall be made by a minor, or a
married woman, such deposits shall be re-
ceived, or held and paid out, on precisely the
same conditions as those of adult male, or
adult female depositors; and the Directors of

Minor and
feme covert.

said bank may, at their discretion, pay to such
minor or feme covert depositor, such sum or
sums of money as may be due to him or her,
and the check, receipt or acquittance of such
minor or feme covert shall be valid, any law
of this State to the contrary notwithstanding.

Voting.

SEC. 10. And be it enacted, That at all elec-
tions for Directors of said bank, every stock-
holder shall be entitled to one vote for every
share that he or she or it may hold; a plu-
rality of votes cast shall be sufficient to elect,
and the stockholders may vote either in per-
son or by proxy, but no share of stock shall
entitle said holder to a vote, which shall not
be holden two calender months previous to
the day of election.