1330 LAWS OF MARYLAND.

positors, and the directors of said bank may, in their discre-
tion, pay to such minor or feme covert depositor such sum or
sums of money as may be due to him or her, and the check,
receipts or acquittance of such minor or feme covert shall be
valid, and the directors may make any contract with any
minor or married female in regards to such deposits as may be
deemed convenient to both parties, any laws of this State to
the contrary notwithstanding.

SEC. 8. And be it enacted, That half-yearly dividends shall
be made to the stockholders of so much of the net profits of the
corporation as shall appear advisable to the directors; such
dividends shall be declared in the month of June and Decem-
ber, and shall be paid on the second Monday of the ensuing
month after they are declared; and if a director shall at any
time wilfully and knowingly make or declare any dividends
which shall impair the capital stock, all the directors present
at the making or declaring of such dividend and consenting
thereto, shall be liable in their individual capacity for the
amount or proportion of the capital stock so divided by the
directors, and each director shall be deemed to have consented
thereto unless he shall immediately enter his dissent on the
minutes of the meeting of the board and give notice to the
stockholders that such dividends shall have been declared.

SEC. 9. And be it enacted, That the lands, tenements and
hereditaments which shall be lawful for the said corporation to
hold shall only be such as shall be required for its immediate
accommodation in relation to the convenient transaction of
its business, or such as shall have been bona fide mortgaged or
conveyed to it by way of security, or in satisfaction for debts
contracted in the course of its dealings or purchased at sale
upon judgments or decrees which shall have been obtained for
such debts or foreclosure of mortgages or at mortgagee's sales
in case when mortgages conferring power on the mortgagee
to sell real estate mentioned therein have been executed or
assigned to such bank to secure such debt.

SEC. 10. And be it enacted, That the shares of the capital
stock of said corporation shall be transferable on the books of

said corporation only in accordance with such rules as shall
be established by the board of directors, who shall have the
power to make such laws as they may deem proper for Hie
government and direction of the affairs of the corporation; but
all debts actually due and payable to the corporation by a
stockholder requesting a transfer of shares must be satisfied
before such transfer shall be made, unless the directors shall
direct to the contrary.