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Session Laws, 1910 Session
Volume 487, Page 1280   View pdf image (33K)
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1280 LAWS OF MARYLAND.

that name shall have perpetual succession, with all the rights
and powers incident thereto.

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

Approved April 11, 1910.

CHAPTER 162.

AN ACT to incorporate the East End Bank of Baltimore.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That John Hahn, Kilian A. Volk, Francis A. Sauer, Henry
Heldmann, B. F. Hoffman, Sam W. Pattison, Otta Goldbach,
William Heise, William E. Seidel, G. William Soine, Charles
Baer, Nicholas Faulstich and the subscribers to the stock of the
corporation hereby created, and their successors and assigns,
be and they are hereby created a body corporate by the name of
"The East End Bank of Baltimore," and by that name shall
have perpetual succession and shall be competent'to sue and be
sued in any court of law or equity whatever, to have and use a
common seal and to alter the same at its pleasure, to make and
adopt a constitution and by-laws for the government of said
body corporate and its officers; provided, the same shall not
conflict with the Constitution and laws of this State, or of the
United States, to appoint directors and officers, and generally
do, execute and enforce all and singular such acts, contracts,
matters and things as may be necessary to carry out the object
and protect the interests of said body corporate, and to exer-
cise the powers by this Act conferred upon it.

SEC. 2. Be it enacted, That the capital stock of said corpora-
tion shall consist of two thousand shares of the par value of
twenty-five dollars each, and the said corporation shall have
the right to increase said capital stock from time to time to
such amount or amounts as it may desire, at no time, however,
to exceed one million dollars, whenever and so often as it shall
be determined by a majority vote of the stockholders, at a meet-
ing or meetings specially called for that purpose; and the said
corporation is hereby authorized to begin business when stock
to the amount of one thousand shares shall have been sub-
scribed and fully paid.

SEC. 3. And be it further enacted, That the said body cor-
porate shall have the right to purchase and hold, bargain and
sell, grant, assign and convey land or any interest or estate
therein, chattels, choses in action, checks, notes, bills of ex-
change, certificates of deposit, warehouse receipts, stocks,
bonds, mortgages on real or leasehold property and every and
any evidences of debt; to advance money upon the security


 

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Session Laws, 1910 Session
Volume 487, Page 1280   View pdf image (33K)
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