1322 LAWS OF MARYLAND.

duly formed under the provisions of the Code of Public General
Laws of Maryland, in addition to the powers and privileges
conferred upon it by its certificate of incorporation, which is
hereby ratified and confirmed, shall have the further rights,
privileges and powers particularly mentioned in this Act.

SEC. 2. And be it enacted, That the stockholders of said cor-
poration be and they are hereby authorized at special or annual
meetings, and by vote cf the holders of two-thirds of the capital
stock in said corporation, to increase the capital stock of the
same, from time to time, from twenty-five thousand dollars, its
present capital, to such an amount or amounts as they may
determine, not to exceed one hundred thousand dollars; .pro-
vided, that any increase or increases shall be made in said
capital stock such notice shall be given to the stockholders of
the meeting or meetings to be held for the purpose of consider-
ing such increase or increases as may be required by the by-
laws of said corporation for the annual meeting of stock-
holders.

SEC. 3. And be it enacted; That said corporation shall have
power to borrow money, to receive money on deposit, to lend
money or to discount in accordance with bank usage, taking
such security therefor, either real or personal, as the board of
directors may deem sufficient; and said corporation may buy
or sell bills of exchange, notes, bonds or other securities; may
purchase and hold such real and personal estate and property
as may be necessary for the accommodation and transaction
of its business; may rent out to its depositors and others boxes
and other receptacles in its vault for the keeping of securities,
papers and other valuable articles; may issue letters of credit
and other commercial obligations, and generally may do and
transact a general banking business, and shall have perpetual
succession.

SEC. 4. And be it enacted, That whenever any. deposits shall
be made in said corporation by a minor, such deposits shall be
received or held, and paid out on precisely the same terms and
conditions of those of adult depositors; and the check, receipt
or acquittance of such minor shall be valid and binding on him
or her, any law of this State to the contrary notwithstanding.

SEC. 5. And be it enacted, That the election of directors of
said corporation shall be in accordance with the by-laws passed
by the stockholders thereof.

SEC. 6. And be it enacted, That the president, vice-president,
each director, the cashier and assistant cashier, before entering
upon the duties of his office, shall take the following oath or
affirmation, as the case may be: "I do solemnly swear (or
affirm) that I will faithfully, impartially, diligently and hon-