992

LAWS OF MARYLAND.

having criminal jurisdiction in the city or county where any
such offense may have been committed; and every security
taken by any such person or persons in any such name of a
corporation, or in any other than his, her or their own proper
name or names, shall be absolutely null and void; provided,
this act shall not apply to homestead and building and loan
associations incorporated under the laws of this State.

Effective.

SEC. 2. And be it enacted, That this act shall take effect
from the date of its passage.

Approved April 6th, 1894.

CHAPTER 630.

AN ACT to amend the charter of the Commonwealth
Guarantee Company, passed at the January Session of the
General Assembly of Maryland, of 1892, and known as
Chapter 502, by repealing and re-enacting Sections 7 and 8
thereof with amendments, and by adding Section 9 thereto.

Repeal.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That sections 7 and 8 of chapter 502, of the acts
of the General Assembly of Maryland, passed at the January
session of 1892, be and the same hereby are repealed and
re-enacted with amendments, as hereinafter set forth, and that

New section.

a new section be and the same is hereby added thereto, to be
known as section 9, and the said new section shall read as
hereinafter set forth.

May increase
capital stock

SEC. 7. And be it further enacted, That the said body cor-
porate shall have the right at any time to increase its capital
stock to one hundred thousand shares of the par value of
$50.00 each; provided, that the holders of two-thirds of the
stock then issued vote in favor of such increase.

May change
name.

SEC. 8. And lie it further enacted, That the directors of
the said company shall have the power to change the corporate
name hereof; provided, the holders of two-thirds of the stock
then issued vote in favor of such changes.

Subject to act
of 1892.

SEC. 9. And be it enacted, That the said corporation shall
at all times be subject to the provisions of the act of 1892,