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EDWIN WARFIELD, ESQ., GOVERNOR.
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361
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reference to trust funds and special or other deposits as the
board of directors may think advisable; may purchase and
hold or sell real and personal estate and property; may
issue letters of credit and other commercial obligations, and
generally may do and transact a general banking business.
SEC. 5. And be it enacted, That when any court shall
appoint the said corporation receiver, trustee, assignee,
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CHAP. 229
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executor, administrator, guardian or committee, or shall order
a deposit of money, stocks, bonds, securities or other valua-
bles of any kind with said corporation, the capital stock as
paid in and any surplus that may have accumulated, shall be
taken and considered as the security required by law for the
faithful performance of any duty imposed upon it, by order
or decrees of such court, unless the said court shall deem
it proper to require further security; and the said corpora-
tion shall be absolutely liable in case of any default what-
ever.
SEC. 6. And be it enacted, That the directors of said
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Capital stock
taken as
security.
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"Vienna Deposit and Savings Bank " may pay out of net:
profits of the business of said bank such interest on tran-
sient and permanent deposits in said bank, 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
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Interest and
dividends
paid.
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be made by a minor or married woman, such deposit 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 acquittances of such minors or married
women shall be valid and binding on them.
SEC. 8. And be it enacted, That the directors of said
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Deposits of
minors or
married
women; how
received.
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"Vienna Deposit and Savings 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 stockholders.
SEC. 9. And be it further enacted, That the stockholders of
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Number of
directors may
be changed.
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the aforesaid Vienna Deposit and Savings Bank of Mary-
land shall be held individually responsible, and ratably, and
not one for another, for all contracts, debts and engagements
of said corporation, the said Vienna Deposit and Savings
Bank of Maryland, to the extent of the amount of their
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Stockholders
held respons-
ible for con-
tracts, etc.
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