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Session Laws, 1914
Volume 533, Page 30   View pdf image (33K)
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30 LAWS OF MARYLAND.

said service shall not be made during the hours when the public
schools of said City are in session.

SEC. 2. And be it enacted, That this Act shall take effect
from the date of its-passage.

Approved March 4th, 1914.

CHAPTER 28.

AN ACT to repeal Section 4 of Chapter 329 of the Act of the
General Assembly of Maryland passed in the year 1856, en-
titled "An Act to incorporate the Franklin Savings Bank
of Frederick, " and to re-enact the same with amendments.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 4 of Chapter 329 of the Act of the General
Assembly of Maryland passed in the year 1856, entitled "An
Act to incorporate the Franklin Savings Bank of Frederick" be
and the same is hereby repealed and re-enacted so as to read as
follows:

SEC. 4. That said corporation shall be capable of exercising
by its directors, duly authorized officers or agents, all such.
powers as shall be usual in the carrying on of the business of
banking, by buying, discounting and negotiating promissory
notes, bonds, drafts, bills of exchange, foreign and domestic,
and other evidences of debt; by receiving deposits of money
upon which interest may be paid; by buying and selling coin
and bullion, and by buying and selling exchange, foreign and
domestic; issuing letters of credit, and by loaning money on
personal or real security; provided, however, that said corpora-
tion shall be subject to the provisions of Article 11 of the Code
of Public General Laws of this State, title, "Banks and Trust
Companies, " and any amendments thereof, and the liabilities
of the stockholders thereof shall be determined by the laws of
this State in force at the time the said liabilities may attach.

SEC. 2. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved March 4th, 1914.

 

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Session Laws, 1914
Volume 533, Page 30   View pdf image (33K)
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