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CHAP. 347
Additional
powers
granted.
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SEC. 7. And be it further enacted, That the following
powers and privileges are also granted to the said corpora-
tion: First, to purchase, invest in and sell any kind and all
kinds of property, real, personal or mixed, and to execute
deeds, conveyances, assignments and transfers thereof; sec-
ond, to receive deposits of money, securities and other prop-
erty from any person or corporation, and to accumulate the
same, and to issue certificates of deposit therefor, payable
at such times and on such terms and allowing such rates of
interest therefor as may be agreed upon, not exceeding the
legal rate of interest; provided, such certificates or bonds
do not at any time exceed twice the amount of the capital
stock actually paid in; and third, to loan money on prom-
issory notes, bills, obligations or other evidences of debt,
and to borrow money at such rate of interest not to exceed
the legal rate, and upon such terms as may be agreed upon,
and to issue therefor the obligations or bonds of the said
association, with or without coupons attached.
SEC. 8. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved April 3, 1906.
CHAPTER 348.
AN ACT to provide for the furnishing of the office of the
Clerk of the Court of Appeals, the State Reporter's office
and the Attorneys' waiting room, in the new "Public Build-
ing" at Annapolis, with furniture, and appropriating a sum
of money therefor.
WHEREAS, By Chapter 326 of the Acts of the General
Assembly of Maryland of 1900, an Act was passed providing
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Preamble.
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for the acquisition of a lot of land, and the erection thereon
by the State of Maryland of a building in the city of Annap-
olis, in which shall be located the court room, consultation
and other rooms of the Court of Appeals, the State library,
or portion thereof, the Comptroller's office, the Tax Com-
missioner's office, the Treasurer's office, and for such other
purposes as may be deemed proper, and to appropriate a
sum of money therefor, and to provide for the removal upon
State house hill, known as the Comptroller's office; and
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