1176
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LAWS OF MARYLAND.
ment, or corporation or public, officer, or any person or persons
acting for others, having the custody of any bonds, stocks,
securities, monies or valuables, shall be authorized to deposit
the same for safe keeping with said company.
SEC. 10. And be it enacted, That said company may receive
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Merchandise,
etc., re-
ceived upon
storage.
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upon storage, deposit or otherwise, merchandise, specie, plate,
bullion, stocks, promissory notes, certificates and evidences of
debts, contracts and all other personal property, and advance
money thereupon on such terms as may be established or
approved by said company ; that in all cases in which public
officers or municipal or private corporations are authorized to
deposit money, stocks, bonds, or evidences of debts, such
deposits by such officers or corporations may be made with said
company ; no loan, however, shall be made to any officer or
employe of said company ; and for any violation of this pro-
vision, the party "or parties making or consenting thereto,
directly or indirectly, shall be liable to said company for the
amount so loaned, and all counsel fees and losses which may
result therefrom
SEC. 11. And be it enacted, That said corporation be subject
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Subject;to
certain pro-
visions.
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at all times to the provisions of the Act of 1892, chapter 109,
as amended by Act of 1896, chapter 160, to the Act of 1892,
chapter 279, and to all general laws applicable to associations
of a similar character.
SEC. 12. And be it enacted, That the company shall have
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Increase its
capital
stock.
Effective.
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the right at any time to increase its capital stock up to twenty
thousand shares of the par value of fifty dollars each ; provided
the holders of two-thirds of the stock then issued vote in favor
of such increase.
SEC. 13. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 9, 1898.
CHAPTER 505.
AN ACT to add an additional Section to the Code of Public
Local Laws of Maryland, Volume 1, Article 4, title "City of
Baltimore," sub-title "Licenses," to be known as No. 668 A,
to provide for licenses for stevedores.
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New section
added.
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SECTION 1. Be it enacted by the General Assembly of Mary-
land, That a section be added to the Public Local Laws of
Maryland, Volume 1, Article 4, title "City of Baltimore,"
sub-title "Licenses," to provide for licenses for stevedores, said
section to be known as 668 A, and to read as follows :
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