LLOYD LOWNDES, ESQUIRE, GOVERNOR.

F. H. P. No. 2, folios 11 and 12 be and the same is hereby
ratified and confirmed, and the shareholders thereof are hereby
declared a body corporate under the name and style of "Com-
mercial and Savings Bank of Snow Hill," Maryland.
SEC. 2. And be it enacted, That said corporation, under the

857

above name and style, is hereby made able and capable in law
to sue and be sued, plead and be impleaded, answer and be
answered, defend and be defended in courts of law, to make,
have and use a common seal, and the same to break, alter and
renew at their pleasure, and generally to do and execute all
and singular such acts, matters and things a« a corporation and
body politic may and can lawfully execute.
SEC. 3. And be it enacted, That the capital stock of the

Sue and be
sued.

said "Commercial and Savings Bank of Snow Hill," Maryland,
shall be twenty-five thousand dollars, and privilege is hereby
given to said corporation to increse its capital stock to five
hundred thousand dollars by new subscriptions or by adding to
said capital semi-annually or annually a portion of its net
profits not otherwise appropriated, whenever it shall be so
determined by the board of directors.

SEC. 4. And be it enacted, That said corporation shall have

Capital
stock.

power to borrow money, receive money on deposit, to loan
money or to discount in accordance with bank usage, taking
such security therefor, either real or personal, as the board of
directors of said bank may deem sufficient ; may buy or sell
bills of exchange, notes, bonds or other securites ; may pur-
chase and hold such real and personal estate and property as
may be necessary for the accommodation and transaction of
its business; may issue letters of credit and other commercial
obligations, and generally may do and transact a general bank-
ing business. And shall have power to act as agent for the pur-
poseof issuing, registeringor countersigning certificates of stocks,
bonds or other evidence of debt of any State, corporation, asso-
ciation, municipality or public authority on such terms as may be
agreed upon. To deal in exchange, foreign or domestic, and in
every and all description of properties, personal effects, securi-
ties, mortgages, land, certificates of indebtedness, stocks of
incorporated companies, notes, loans, or bonds of the United
States or of any city, county or municipality, or of any incor-
porated company or any individual.

Borrow
money, etc.

SEC. 5. And be it enacted, That whenever any deposit shall
be made by a minor or a married woman, such deposit shall
be received or held and paid out on precisely the same condi-
tions as those of adult male or adult female sole depositors.

Deposits
made by a
minor or
married
woman.