502 LAWS OF MARYLAND. [CH. 283

CHAPTER 283.

AN ACT to ratify and confirm the incorporation of The Lib-
erty Trust Company, the purchase or acquisition by it of
the property and assets, as an entirety, including the
good-will and franchises of the Dime Savings Bank, Cit-
izens' Savings Bank, Citizens' National Bank and the
Third National Bank of Cumberland, respectively, all
institutions doing the banking business in Cumberland,
Maryland, and to authorize it to acquire other financial
institutions in Allegany County, and elsewhere, and to
confer upon the said The Liberty Trust Company, certain
other powers, rights, immunities and franchises.

WHEREAS, On or about the first day of December, 1919,
Hugh A. McMullen, Benj. A. Richmond, Henry J. Glick,
George D. Landwehr, James A. McHenry, Simon Rosenbaum,
David A. Robb, W. Wallace McKeig, Harry E. Weber, Charles
G. Holzshu, Thomas B. Finan, Henry Shriver and D. Lind-
ley Sloan, all of Allegany County, Maryland; Clarence A.
Brown, of New York City, and Thomas C. Marshall, of Akron,
Ohio, did execute in triplicate, Articles of Incorporation, for
the formation of a Trust Company under and by virtue of
the Laws of Maryland as prescribed in Article II of the
Annotated Code of Maryland (Bagby's) and amendments
thereto, the said corporation to be known as The Liberty
Trust Company, to be located at Cumberland, Maryland,
with a capital stock of one million dollars ($1,000,000), di-
vided into ten thousand (10,000) shares, of the par value of

one hundred dollars ($100) per share, and did thereafter,
to-wit, on the 13th day of December, 1919, severally acknowl-
edge the said Articles of Incorporation to their act, before a
Notary Public of the State of Maryland, in and for the
County of Allegany, which said Articles of Incorporation
were filed with George W. Page, Esquire, Bank Commissioner
of Maryland, for examination, and the said Bank Commis-
sioner having made such investigation as he deemed neces-
sary, and satisfied himself by such investigation that the
character, responsibility and general fitness of the persons
named in said Articles of Incorporation was such as to com-
mand confidence and warrant belief that the business of the
proposed corporation will be honestly and efficiently conducted
in accordance with the intent and purpose of Article II,