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Session Laws, 1898 Session
Volume 482, Page 796   View pdf image (33K)
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796

LAWS OF MARYLAND.

aforesaid, and also with any, every and all other funds that may
come into its possession in the course of its business dealings ;
and the same may sell, grant, lease, mortgage and dispose of,
in its discretion and at its will and pleasure, and execute,
acknowledge and deliver alj deeds and legal papers and any
instruments concerning the same ; to deal in exchange, foreign
and domestic, and in every and all description of properties,
personal effects, securities, mortgages, lands, certificates of in-
debtedness, stocks of incorporated companies, notes, loans or
bonds of the United States, or of any city, county or munici-
pality, or of any incorporated company or individual ; pro-
vided, that no loan shall be made, directly or indirectly, to any
officer or employe of said corporation ; and for any violation
of this provision the party or parties making or consenting
thereto, directly or indirectly, shall be liable to said corporation
for the amount so loaned, and all expenses and losses which
may result therefrom.
SEC. 12. And be it further enacted, That any officers or
employe of said corporation who shall apply any of the deposits

Guilty of em-
bezzlement

of any kind of said corporation to his use, or to the use of any
person or persons not entitled thereto, without the consent of
the owner of such deposit, shall be deemed guilty of embezzle-
ment, and upon conviction thereof shall be punished by
imprisonment in the State prison for a term of not less than
one, nor more than five years, and shall be responsible in any
suit in law for all injury, loss, expense or damage incurred by
reason of his prosecution or in consequence of said act, either to
said corporation or to any party aggrieved, damaged or injured
thereby.
SEC. 13. And be it enacted. That the said corporation shall

Subject to
certain
provisions.

be subject at all times to the provisions of the Act of 1892,
chapter 109, as amended by chapter 160 of the Acts of 1896,
and to chapter 279 of the Acts of 1892.

Right
reserved.

SEC. 15. And be it enacted, That the General Assembly of
Maryland reserves the right to repeal, alter annul this Act at
its pleasure.

Effective.

SEC. 15. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 9, 1898.

CHAPTER 260.
AN ACT to add an additional section to be designated as 67 B,
to Article 72 of the Code of Public General Laws, title
" Oysters," as amended by the Act of 1894, Chapter 380.



 
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Session Laws, 1898 Session
Volume 482, Page 796   View pdf image (33K)
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