386

LAWS OP MARYLAND.

Chapter 245.

AN ACT to repeal section two of the act of
eighteen hundred and eighty-six, chapter one
hundred and forty-five, entitled "An act to in-
corporate the Provident Savings Bank of Bal-
timore," as amended by the act of eighteen
hundred and eighty-eight, chapter sixty-nine,
and to re-enact the same, with amendments.

WHEREAS the concluding sentence of the said
second section of the act of eighteen hundred

Preamble.

and eighty-six, chapter one hundred and forty-
five originally read as follows : "And no direc-
tor or other officer shall be liable, in his person
or property, for any debts, contracts or engage-
ments of said corporation ; but the money, prop-
erty, rights and credits of said corporation, and
nothing more, shall be liable for the same ; " and
whereas it was the purpose of the amending act of
eighteen hundred and eighty-eight, chapter six-
ty-nine, to re-enact said concluding sentence
without change, but through a clerical error the
words "but the money, property, rights, and
credits of said corporation" were accidentally
omitted from their proper place in said sentence
in transcribing said amending act.
SECTION 1. Be it enacted by the General As-

Repealed and
re-enacted.

sembly of Maryland. That section two of the act
of eighteen hundred and eighty-six, chapter one
hundred and forty-five, entitled an act to incor-
porate the Provident Savings Bank of Baltimore,
as amended by the act of eighteen hundred and
eighty-eight, chapter sixty-nine, be and the same
is hereby repealed and re-enacted to read as fol-
lows :

Object of cor-
poration.

SEC. 2. And be it enacted, That the general busi-
ness and object of said corporation shall be the
establishment of a central office in the city of
Baltimore, and branches in said city and in the
counties of the State of Maryland, where said
corporation shall be capable of receiving from
any person or persons, bodies corporate or politic,
any deposit of money which shall be invested
or loaned out on good security, in the discretion
of the directors ; provided, that no part of the