PRIVATE ACTS. 1373

more, as created by chapter 252 of the Acts of the General
Assembly of Maryland, session of 1894, and as amended by
chapter 154 of the Acts of the General Assembly of Mary-
land, session 1900, and by other Acts, by repealing sections 8,
10, 11, 12 and 13 of chapter 252 of the Acts of the General
Assembly of Maryland, session 1894; and by repealing and
re-enacting, with amendments, section 6 of said chapter 252
of the Acts of the General Assembly, session 1894, and by re-
pealing and re-enacting with amendments sub-section 2 of
chapter 154 of the Acts of the General Assembly of Maryland,
session 1900.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That the charter of the American Banking and Trust
Company of Baltimore City, now called by virtue of chapter
199 of the Acts of the General Assembly of Maryland, session
1902, American Bonding Company of Baltimore, as created by
chapter 252 of the Acts of the General Assembly of Maryland,
session of 1894, and as amended by chapter 154 of the Acts
of the General Assembly of Maryland, session of 1900, and by
other Acts be and the same is hereby amended by repealing
sections 8, 10, 11, 12 and 13 of said chapter 252 of the Acts of
the General Assembly of Maryland, session 1894.

SEC. 2. And be it further enacted by the General Assembly of
Maryland, That section 6 of said chapter 252 of the Acts of the
General Assembly of Maryland, session 1894, be and the same
is hereby repealed and re-enacted with amendments so as to
read as follows:

SEC. 6, Sub-Section A. The company shall have power to re-
ceive money on time deposit, not subject to check, and pay in-
terest on the same, provided the repayment of said money is
secured by collateral.

SEC. 6, Sub-Section B. The company shall have power to
deal in, exchange, foreign and domestic, and in any and all
description of properties, personal effects, securities, mort-
gages, land, certificates of indebtedness, stock of incorporated
companies, notes, loans of the United States or of any city,
county or municipality or of any .incorporated company or of
any individual.

SEC. 3. And be it further enacted by the General Assembly of
Maryland, That sub-section 2 of chapter 154 of the Acts of the
General Assembly of Maryland, session 1900, be and the same is
hereby repealed and re-enacted with amendments so as to read
as follows:

SUB-SEC. 2. The board of directors shall consist of not less
than seven nor more than twenty-five members, the number