52

LAWS OF MARYLAND.

CHAP. 38.

this Act shall be null and void, otherwise to be and remain in
full force and effect.
SEC. 5. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved March 13, 1902.

CHAPTER 38.
AN ACT to extend the privileges, enlarge the powers and
amend the charter of the Sykesville Bank of Carroll County,
so as to enable it to loan money on or purchase promissory
and negotiable notes, bills obligatory or other evidences
of debt.
SECTION 1. Be it enacted by the General Assembly of

Authority
given to loan
money, etc.

Maryland, That the Sykesville Bank of Carroll County be
and the same is hereby authorized and empowered to loan
money on or when it deems it desirable to purchase promissory
and negotiable notes, bills obligatory or other evidences of debt.
SEC. 2. And be it enacted, That the stockholders of said

Stockholders
liable.

bank shall be liable to the amount of their respective share or
shares of stock in said bank for all its debts and liabilities
upon note, bill or otherwise.
SEC. 3. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved March 13, 1902.

CHAPTER 39.
AN ACT to add an additional Section to Article 7 of the
Code of Public Local Laws of Maryland, entitled "Carroll
County," sub-title "County Commissioners," to be designated
as Section 22 B, relating to the taxation of savings banks,
institutions or corporations organized for receiving deposits
of money and paying interest tliereon, located in the city
of Westminster in said county.
SECTION 1. Be it enacted by the General Assembly of

Additional
section
added.

Maryland, That an additional section be and the same is
hereby enacted and added to article 7 of the Code of Public
Local Laws of Maryland, entitled "Carroll County," sub-title
"County Commissioners," to be designated as section 22 B,
relating to the taxation of savings banks, institutions or
corporations organized for receiving deposits of money and
paying interest thereon, located in the city of Westminster in
said county.