PRIVATE ACTS. 1401

holders as aforesaid at said meeting of them so to be called and
held as aforesaid, shall be made in such manner and form and
upon such terms and conditions as to the amount and mode
of such payment on account of said shares and all other particu-
lars relating thereto as the said stockholders of the said com-
pany shall determine at their said meeting. And said payment
on account of said shares may be made in money or in securi-
ties, or in both money and securities, as may be determined by
the said stockholders at their said meeting, and said stockhold-
ers may authorize the issue of scrip of the company to any
stockholders for fractional parts of any such securities award-
ed to him or her; provided, however, that said corporation shall
not be entitled to reduce its capital stock as hereinbefore pro-
vided until the amount of its unsecured debts and liabilities
shall be so far paid and satisfied or not to exceed the amount
to which the capital stock shall be reduced.

SEC. 3. And be it enacted, That the said diminution of the
said shares of the said capital stock by said payment on ac-
count thereof and the reduction thereby of the par value of the
shares of said capital stock as aforesaid shall not prevent the
said George's Creek Coal and Iron Company from exercising
all the powers and privileges conferred on it by its charter and
the amendments thereto.

SEC. 4. And be it enacted, That this Act shall take effect
from its passage.

Approved April 11, 1910.

CHAPTER 107.

AN ACT to change the name of the Goldsboro Bank, incor-
porated, and amend and extend the charter of the same.
SECTION 1. Be it enacted by the General Assembly of Mary-
land, That "The Goldsboro Bank, Incorporated," a corporation
duly formed under the provisions of the Code of Public Gen-
eral Laws of this State, entitled "Corporations," as amended
by Chapter 240 of the Acts of the General Assembly of 1908,
in addition to the powers possessed by it, shall have and
possess the further rights, powers, privileges and franchises
particularly mentioned in this Act.

SEC. 2. And be it further enacted, That the name of "The
Goldsboro Bank, Incorporated," be and the same is hereby
changed from the Goldsboro Bank, Incorporated, to "The
Goldsboro Bank," and by such name and style shall have per-
petual succession, to sue and be sued, plead and be impleaded,
answer and be answered, defend and be defended, in courts of
record or any other place whatsoever; to make, have and use a