EDWIN WARFIELD, ESQ., GOVERNOR.

175

CHAPTER 135.
AN ACT to incorporate the Dime Saving Bank of Cumber-
land, Maryland.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That George E. Deneen, John S. McCauley, Dr. Thomas

CHAP. 186

W. Koon, George G. Young, A. Moses Lichtenstein, Thomas
B. Finan, Perry Warfield and David A. Robb, and their suc-
cessors in office, be and they are hereby constituted and
made a body corporate and politic, under the name and
style of " The Dime Saving Bank of Cumberland, Mary-
land."
SEC. 2. And be it enacted, That said corporation, under the
above name and style, is hereby made able and capable in
law to sue and be sued, to plead and be impleaded, answer
and be answered, defend and be defended in courts of record
and any other place whatsoever; to make, have and use a
common seal, and the same to break, alter and renew at their
pleasure, and generally to do and execute all and singular
such acts, matters and things as a corporation or body politic
may and can lawfully execute.
SEC. 3. And be it enacted, That the capital stock of " The
Dime Saving Bank of Cumberland, Maryland," intended to

Body corpo-
rate.

be created by this Act, shall be twenty-five thousand dollars
($25,000.00), in shares of twenty-five dollars ($25.00) each ;
aix dollars and twenty-five cents shall be paid on each share
of the stock at the time of subscribing and the remainder
as the board of directors may require, but said remainder
must be paid before the opening of said bank for business ;
and privilege is hereby given to said corporation to increase
the capital stock to fifty thousand dollars ($50,000.00) by
new subscriptions or by adding profits not otherwise appro-
priated, whenever it shall be so determined by the board of
directors.
SEC. 4. And be it enacted, That the persons named in the
first section of this Act. be and they are hereby appointed

Capital stock.

commissioners to receive subscriptions to the capital stock
of the said corporation, and they, or a majority of them,
may cause books to be opened at such times and places as
they may direct for the purpose of receiving such subscrip-
tions, and may keep the same open until the whole number
of sharesj amounting to the sum of twenty-five thousand

Empowered to
do certain
acts.