EDWIN WARFIELD, ESQ.; GOVERNOR.

831

dend shall be declared when the capital stock would be
impaired thereby.
Section 14. That said company shall be subject to the

CHAP. 451

provisions of Chapter 109 of the Acts of the General
Assembly of 1892, and the liability of the stockholders
thereof shall at all times be determined by the laws of this
State in force at the time the said liability may attach.
SEC. 15. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 3, 1906.

CHAPTER 452.

AN ACT to amend the charter of the Calvert Banking and
Deposit Company, now called the Calvert Bank, passed at
the January Session'of the General Assembly of Maryland
in 1900, being Chapter 325 of the Acts of 1900, repealing
and re-enacting Section 4 thereof, and adding an additional
section thereto, to be known as Section 4 A.

WHEREAS, Pursuant to the powers conferred upon the

Liability of
stockholders

stockholders of the Calvert Banking and Deposit Company,
under Section 5 of the Acts of the General Assembly of
Maryland of 1900, Chapter 325, the name of said corporation
was changed from the Calvert Banking and Deposit Company
to the Calvert Bank,
SECTION 1. Be it enacted by the General Assembly of Mary-

Preamble.

land, That Section 4 of Chapter 325 of the Acts of the
General Assembly of Maryland, passed at the January Session

Repeal and
re enact.

of 1900, be and the same is hereby repealed and re-enacted
with amendments, and that an additional section, to be known
as Section 4 A, be and the same is hereby added thereto, said
section to read as herein set forth.
Section 4. Said corporation is hereby authorized to receive,

New section
added.

keep on storage, or otherwise, all such valuables as coin
money, paper money, commercial or precious metals, certifi-
cates of stock, plate, jewels, evidence of indebtedness, notes,
contracts, paper, personal property, writings or any article
whatsoever; to purchase, sell and take charge of real and
personal estate and securities, to advance money thereon,
and it shall be a sufficient and lawful depository for any

Empowered to
to do a gen-
eral trust
and storage
business.