ALBEBT C. RITCHIE, GOVERNOR. 163

Maryland, title "Banks and Trust Companies," sub-title
"Savings Institutions," be and the same is hereby repealed
and re-enacted with amendments, so as to read as follows:

33. Every savings institution existing under the laws of the
State of Maryland; or which may hereafter be incorporated,
transacting strictly a savings bank business, shall be capable of
receiving from, any person or persons, or bodies corporate or
politic, any deposit of money, which shall be invested or loaned
out on good security, in the discretion of the directors; pro-
vided, no, part of the funds of such corporation shall be loaned
to any officer, director or employee thereof. The deposits in
any savings institution may be withdrawn at such time and in
such manner as its by-laws may permit, but such institution
may at any time require a depositor to give a notice, not ex-
ceeding ninety days, of his intention to withdraw the whole or
any part of his deposit.

Every such savings institution shall have the power to con-
struct, own and let for hire, vaults, safes and like receptacles
for the safe keeping and storage of securities and valuables,
and to receive for deposit securities or valuables upon such
terms and conditions as may be'agreed upon between such
institutions and persons, firms or corporations desiring to rent-
said vaults, safes and like receptacles, or to deposit securities
or other valuables with said institutions.

SECTION 2. And be it further enacted, That this Act shall
take effect on and after June 1st, 1920.

Approved April 16, 1920.

CHAPTER 92.

AN ACT to create the War Records Commission to complete
the work begun by the Maryland Council of Defense, of
collecting and compiling the records of Marjdanders who
aided in the prosecution of the war.

WHEREAS, The Maryland Council of Defense authorized
the expenditure of certain funds for collecting and compiling
the records of Marylanders who were in the service of the
United States Military, Naval and Marine Forces, or who
otherwise rendered conspicuous public service during the
recent war and

WHEREAS, The Maryland Council of Defense is about to be