1294 LAWS OF MARYLAND.

usage, notes, bills of exchange, or other commercial paper, tak-
ing such security therefor, either personal or by lien on real
estate, as the Board of Directors may deem sufficient; to buy
and sell notes, bills of exchange, drafts, stocks, bonds or other
securities; to accept and hold all such trusts as may be com-
mitted to it by any person, or by the order or direction of any
judge or any court or tribunal; to make such special regula-
tions in reference to trust funds and special or other deposits
as the Board of Directors may think advisable; to purchase and
hold such real or personal estate or property as may be neces-
sary for the accommodation or transaction of its business; to
issue letters of credit and other commercial obligations; and
generally to have and exercise by its Board of Directors, or
other duly authorized officers and agents, all such incidental
powers as may be necessary to the carrying on of a general
banking business as well as the business of a savings bank.
Provided, however, that said company shall be subject to the
provisions of Article 11 of the Public General Laws of this
State, title "Banks," and also Article 23 of the Public General
Laws of this State, title "Corporations," and any amendments
thereof, and the liability of the stockholders thereof shall at
all times be determined by the laws of the State in force at the
time the said liabilities may attach; and further provided that
said company shall not be subject to Article 3, Section 25 of
said Article 11.

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

Approved April 13th, 1910.

CHAPTER 193.

AN ACT to incorporate the Carroll Banking, Realty and Trust
Company.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Johnzie E. Beasman, Laura B. Beasman, Frank
Brown, George W. Slack and E. Oliver Grimes, Jr., and their
associates and successors, and all such other persons as shall
hereafter become stockholders in the company hereby incor-
porated, shall be and they are hereby constituted a body poli-
tic and corporate, by the name and style of the Carroll Bank-
ing, Realty and Trust Company, and by that name to be capa-
ble in law to acquire and hold and in anywise dispose of prop-
erty, and to sue and be sued, plead and be interpleaded, in any
coUrt whatever, to make and use a common seal, and the same
to alter at pleasure, and generally to do everything proper to
carry into effect the provisions of this Act or to promote the
objects and designs of the company hereby incorporated.