PRIVATE ACTS. 1393
SEC. 6. And be it further enacted, That the stockholders of
said corporation be and they are hereby authorized and em-
powered at any special or annual meeting and by vote of the
holders of two-thirds of the capital stock of said corporation,
to increase the capital of the same from time to time, from ten
thousand dollars, its present capital stock, to such amount
or amounts as they may determine, not to exceed fifty thousand
dollars, which shall be divided into five thousand shares of the
par value of ten dollars each; provided, that before any
increase or increases shall be made in said capital stock such
notice shall be given to the stockholders of the meeting to be
held for the purpose of considering such increase or increases,
as may be required by the by-laws of said corporation for the
annual meeting of the stockholders, and the certificate of such
increase be executed and recorded as required for similar cer-
tificates under the general laws of this State.
SEC. 7. And be it further enacted, That the change of the
name of said corporation hereby made from The Manchester
Bank of Carroll County, Maryland, to The Manchester Bank,
shall in no wise affect the rights previously possessed by said
corporation, and shall in no way affect the property, real,
personal or mixed, now owned or possessed by The Manchester
Bank of Carroll County, Maryland, all and every part of which
and all the title thereto and estate therein, shall hereafter be
vested in and owned by The Manchester Bank, which shall be
liable and responsible for all the contracts, trusts and obliga-
tions heretofore made, assumed and now existing, of the said
The Manchester Bank of Carroll County, Maryland.
SEC. 8. And be it further enacted, That the stockholders of
said The Manchester Bank shall be liable to the amount of
their respective share or shares of stock in said corporation
upon all liabilities and debts upon note, bills or otherwise, and
for the obligation, debts and liabilities of the said The
Manchester Bank, as well as those of the Manchester
Bank of Carroll County, Maryland; and 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 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; and provided
further, that the capital stock of this corporation may be for a
sum not less than $10,000, and it shall not be limited as to the
numbers of its directors.
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