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Session Laws, 1910 Session
Volume 487, Page 1333   View pdf image (33K)
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PRIVATE ACTS. 1333

general banking business; and shall have power to act as agent
for the purpose of issuing, registering or countersigning cer-
tificates of stock, bonds or other evidences of debt of any State,
corporation, association, municipality or public authority on
snch terms as may be agreed upon; to deal in exchange, foreign
or domestic, and in every and all descriptions of property,
personal effects, securities, mortgages, lands, certificates of
indebtedness, stocks of incorporated companies, notes, loans or
bonds of the United States, or of any city or county or munici-
pality, or any incorporated company or any individual.

SEC. 6. And be it enacted, That whenever any deposits of
money shall be made by a minor or married woman, such de-
posits shall be received or held and paid upon precisely the
same conditions as those of an adult male or female depositor,
and the directors of said bank may, at their discretion, pay to
any minor or feme covert depositor such sum or sums of money
as may be due to him or her, and the check, receipt or acquit-
tance of such minor or feme covert shall be valid, any law of
this State to the contrary notwithstanding.

SEC. 7. And be it enacted, That the stockholders of said
bank be and they are hereby authorized and empowered, in
their discretion, at any meeting, either regular or special, to
'elect such additional directors of said bank as they may deem
advisable; provided, that the total number of said additional
directors shall not exceed three, making the maximum mem-
bership in said board fifteen.

SEC. 8. And be it enacted, That said company shall be sub-
ject to the provisions of Article 11 of the Public General Laws
of the State, title "Banks," and any amendments thereof.

SEC. 9. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved April 11, 1910.

CHAPTER 450.

AN ACT to amend the charter of the Savings Bank of Bruns-
wick, Maryland.

Whereas, The Savings Bank of Brunswick, Maryland, was
duly incorporated under the General Incorporation Act of
the State of Maryland as a savings bank on the sixth day of
December, eighteen hundred and ninety-two, and has been
since said date doing a savings bank business, as well as gen-
eral banking business;

Whereas, There is doubt under the powers given by said
General Incorporation Act, a savings bank may do a general
banking business, which donbt it is intended by this Act to


 

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Session Laws, 1910 Session
Volume 487, Page 1333   View pdf image (33K)
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