EDWIN WARFIELD, ESQ., GOVERNOR.

1209

rated company, copartnership, joint stock company or indi-
vidual, upon such terms as may be agreed upon or established
by said company; provided, said company shall not be per-
mitted to do a deposit or banking business.

SEC. 5. Be it further enacted, That said body corporate
shall have the right to make examination and reports of the

CHAP. 719

accounts and financial condition of corporations, firms or
individuals for the use of banks, other financial institutions,
banking firms or others proposing to make contracts with or
to afford credit to such corporations, firms or individuals,
and to make such examination and reports for the use and
information of directors, officers or others concerned, or for
any lawful purpose; also to collect information of general,
financial and commercial interest, and to make publication
and distribution thereof, and to receive compensation for
such services.

SEC. 6. And be it enacted, That the said corporation is
authorized to take, have, hold and enioy all such estates.

Authority to
make exami-
nation and
reports of
accounts of
corporations
etc.

real, personal and mixed, as may be obtained by the invest-
ment of their capital stock and all other moneys or funds
that may come into their possession in the course of their
dealings and business, and the same to sell, grant, mortgage,
lease and dispose of at their pleasure, and to execute,
acknowledge and deliver all deeds and instruments of writ-
ing concerning the same.

SEC. 7. And be it further enacted, That ten days' notice
shall be given by publication in one or more newspapers

Certain
privileges
granted.

published in Baltimore city of the time and place o'f said
annual election, which annual election shall be conducted by
three stockholders, to be selected by the body of stock-
holders, one of whom shall be designated to act as judge and
the other two as inspectors.
SEC. 8. And be it further enacted, That the directors shall
have power to declare such dividends of profits of the said

Notice to be
given of
election.

corporation as they may deem proper; provided, that no
dividends shall be declared when the capital stock would be
impaired thereby; and the parties named as incorporators
shall be the directors for the first year.
SEC. 9. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 5, 1906.

Dividends
declared.