EDWIN WARFIELD, ESQ., GOVERNOR.

283

hold or sell real and personal estate and property; may
issue letters of credit and other commercial obligation, and
generally may do and transact a general banking business.
SEC. 5. And be it enacted, That when any court shall

CHAP. 191

appoint the said corporation receiver, trustee, assignee,
executor, administrator, guardian or committee, or shall
order a deposit of money, stocks, bonds, securities or other
valuables of any kind with said corporation, the capital
stock as paid in, and any "surplus that may have accumu-
lated shall be taken and considered as the security required
by law for the faithful performance of any duty imposed
upon it by orders or decrees of such court, unless the said
court shall deem it proper to require further security, and
the the said corporation shall be absolutely liable in case of
any default whatever.

SEC. 6. And be it enacted, That the directors of said Citi-

Capital stock
may be taken
as security.

zens' Deposit Bank may pay out of net profits of the busi-
ness of said bank such interest on transient and permanent
deposits in said bank, and such dividends on the capital
stock as will not impair the capital stock of said bank.
SEC. 7. And be it enacted, That whenever any deposit shall

Interest and
dividends
may be paid.

be made by a minor or married woman, such deposits shall
be received, held and paid out on precisely the same terms
and conditions as those of adult male deposits, and the
checks, receipts or acquittance of such minor or married
woman shall be valid and binding on them.
SEC. 8. And be it enacted, That the directors of said Citi-

Checks of
minors or
married
women valid.

zens' Deposit Bank may by a three-fourths' vote of all the
directors change the number of directors, provided the
change in the number of directors shall not take effect until
the next succeeding annual election of directors by the stock-
holders.
SEC. 9. And be it further enacted, That the stockholders of
the aforesaid Citizens' Deposit Bank of Trap'pe, Maryland,

Number of
directors
may be
changed.

shall be held individually responsible, equally and ratably,
and not one for another, for all contracts, debts and engage-
ments of said corporation, the said Citizens' Deposit Bank
of Maryland, to the extent of the amount of their stock
therein at the par value thereof, in addition to the amount
invested in such stock. Persons having stock entered on
the books of the said corporation in their names as executor,
administrator, guardian, trustee, pledgee, shall not personally

Stockholders
to be held
responsible
for con-
tracts, etc.