LLOYD LOWNDES, ESQUIRE, GOVERNOR.

the State of Maryland, of all their, the said grantor's right,
title and interest and estate in and to the two lots of ground,
situated in the city of Baltimore and the State of Maryland, at
the corner formed by the intersection of the northeast side of
Division street and the northwest side of Fresstman street,
fronting, respectively, thirty-seven and twenty-five feet on
Division street, with an even and equal depth northeasterly of
eighty-five feet to a ten foot alley ; said sale and grant being
evidenced by the following deeds to the said body corporate,
viz: One from Edmund Law Rodgers and Charlotte M. L.
Rodgers, his wife, dated fifteenth day of June, eighteen hun-
dred and eighty-two; another from the same grantors, dated
fifteenth day of December, eighteen hundred and eighty-eight ;
and another from Charlotte Rodgers Smith and Kirby Fowler
Smith, her husband, and Charlotte M. L. P. Rodgers, dated
twelfth day of May, eighteen hundred and ninety-seven ; and
recorded, respectively, among the Land Records of Baltimore
city, in Liber R. T. A. No. 939, folio 281, etc., in Liber J. B.
No. 1226, folio 95, etc., and Liber R. O. No. 1679, folio 87,
etc., and to the holding and disposing of the same, according
to law, by the said body corporate.

759

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 7, 1898.

CHAPTER 228.
AN ACT to repeal Section 69 of Article 23 of the Code of
Public General Laws, title " Corporations," and to re-enact
same with amendments.
SECTION 1. Be it enacted by the General Assembly of Mary-

Effective

land, That section 69 of Article 23 of the Code of Public
General Laws, title " Corporations," be and the same is hereby
repealed and re-enacted, so as to read as follows :
SEC. 69. No loan of money shall be made by any such cor-
poration to any stockholder therein ; and if any such loan shall

Repeal.

be made to any stockholder the officer or officers who shall
make it or who shall assent thereto shall, in the event of the
insolvency of such corporation, be jointly and severally liable
for all the debts of the corporation contracted before the mak-
ing of said loan to the extent of double the amount of any loss
arising out of said loan ; this section shall not, however, apply
to any building or homestead association or any association for

Making of
loans.