JOHN WALTER SMITH, ESQ., GOVERNOR.

875

SEC. 6. And be it enacted. That whenever any deposit shall
be made by any minor, the directors of said corporation may,
at their discretion, although no guardian shall have been
appointed for said minor, or the guardian of said minor shall
not authorize the drawing of the same, pay the amount of such
deposit, and the check, receipt or acquittance of such minor
shall be as valid and effective as if executed by such guardian,
or said minor was of legal age ; provided, such deposit was
made personally by said minor; and whenever any deposit
shall have been made by a married woman, may repay the
same on her own receipt.

SEC. 7. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 11, 1902.

CHAPTER 609.
AN ACT to Incorporate the North America Securities and
Trust Company of Baltimore, Md.

CHAP. 608.

Minors
and married
women may
deposit and
withdraw
money, etc.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That George K. Linton, A. L. Mellen, Henry D.
Linton, Pearre Pierson, John R. Uhlig, all of Baltimore, Md.,
and the subscribers to the stock of the incorporation hereby
created, and their successors and assigns, be and they are
hereby created a body corporate by the name of the North
America Securities and Trust Company, and by that name
shall have perpetual succession, and shall be competent to sue
and be sued in any Court of Law or Equity whatever, to have
and use a common seal, and alter the same at its pleasure, and
to make and adopt a constitution and by-laws for the govern-
ment of said body corporate, and its officers, agents and
employes, and from time to time amend the same ; provided,
such constitution, by-laws or amendments thereto shall not
conflict with the constitution and laws of this State or the
United States ; to elect all and singular acts, contract, mat-
ters and things as may be necessary to carry out the objects
and purposes and to exercise the power and powers by this
Act conferred upon it; and for that purpose shall have the
right to establish and maintain branch offices or places of
business in the city of Baltimore and elsewhere.

Body
corporate.

SEC. 2. And be it further enacted, That the capital stock
of said body corporate shall consist of five thousand shares of
the par value of ten dollars each, and when one hundred
shares shall have been subscribed and fully paid in, the said
corporation shall be entitled to begin the prosecution of any

Capital stock,
with
privilege to
increase
same.