1016

LAWS OF MARYLAND.

New section
added.

SECTION 1. Be it enacted by ike General Assembly of Mary-
land, That an additional section be added to Article XXXVIII
of the Code of Public General Laws, to read as follows :

Distribution
of forfeited
fines.

4. One-half the fines imposed and recognizances forfeited to
the Circuit Court for the several counties of the State shall be
paid to the clerks of the respective courts, to be expended
under the direction of the judge pr judges of said courts for
the augmentation of the libraries of said courts.

Effective.

SEC. 2. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved April 9, 1898.

CHAPTER 408.
AN ACT to amend the charter of the Mutual Life Insurance
Company of Baltimore, as incorporated by Chapter two
hundred and seventy-six of the Act of Assembly, passed at
the January Session of the year eighteen hundred and fifty-
eight, and Chapter thirty-three of the Act of Assembly,
eighteen hundred and seventy, and Chapter one hundred and
fifty- two of the Act of Assembly, eighteen hundred and
eighty- eight.
SECTION 1. Be it enacted by the General Assembly of Mary-

Funds of the
company
loaned upon
real estate.

land, That the directors may lend the funds of the company,
upon mortgage of unincumbered real estate or chattels real,
worth at the time at least twice the amount lent thereon, and
upon stocks, bonds or other marketable securities, worth at the
time of lending at least one-fourth more than the sum lent
thereon; and the said directors may call in and reinvest the
same at pleasure ; but in no case shall it be lawful for them to
make, directly or indirectly, any loan to any director oV other
officer of the company.

Effective.

SEC. 2. And be it further enacted, That this Act shall take
effect from the date of its passage.
Approved April 14, ! 898.

CHAPTER 409.
AN ACT making appropriations for the support of the State
Government for the fiscal year ending on the thirtieth day
of September, nineteen hundred.
SECTION I. Be it enacted by the General Assembly of Mary-
land, That for the expenditures in the support of the State