1362 LAWS OF MARYLAND.

ered to engage in the business of any such company or com-
panies, or to act as depositary of money or property, trustee,
executor, administrator, guardian, committee or receiver; and
the said Maryland Casualty Company is hereby expressly pro-
hibited from assuming to act as any such company or engaging
in any -of the businesses described in this section.

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

Approved April 11, 1910.

CHAPTER 530.

AN ACT to incorporate the Bank of Hampden.

SECTION 1. Be it enacted by the General Assembly of Mary-
land., That E. Clay Timanus, James William Hill, Dwight W.
Williams, Harry Naylor, Milton C. Davis, John R. Dorsey,
Albert H. Carrill, Ulysses S. Patterson, William H. Williams,
Levi Lee Chambers, Joseph M. Smith, Robert P. Simpson,
Thomas C. Davis, Alonzo J. King, and the subscribers to the
stock of the corporation hereby created, and the successors and
assigns, be and they are hereby created a body corporate by the
name of the "Bank of Hampden," 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 exercise
the powers by this Act conferred upon it.

SEC. 2. And be it further enacted. That the capital stock of
the said body corporate shall consist of twenty-five hundred
shares of the par value of ten dollars each (which may be
payable in such instalments as the directors of said corporation
may stipulate); the said body corporate shall not, however,
undertake the prosecution of its business until the stock to the
amount of twelve thousand five hundred dollars shall have been
subscribed; and the said corporation shall have the right at
any time to increase its capital stock to five hundred thousand
dollars or less at the par value of ten dollars per share.

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