ALBERT C. RITCHIE, GOVERNOR. 333

capital of not less than one hundred and fifty thousand dollars
in a city containing more than twenty-five thousand inhabitants
and less than one hundred thousand inhabitants, and with a
capital of at least one hundred thousand dollars in a city or
town the population of which does not exceed twenty-five thou-
sand inhabitants, the number of inhabitants in each case to
be ascertained or determined by the last Federal or State
enumeration,, and no trust company shall start business until
all of the capital stock provided for in this section shall have
been paid for in full.

In the event that any Trust Company hereafter establishes
a branch or branches outside of the city, town or village in
which it is now located, it shall add to its capital stock for
each branch established the sum of twenty-five thousand dol-
lars in towns or villages having less than fifteen hundred in-
habitants, thirty-five thousand dollars in towns, villages or
cities having more than fifteen hundred and less than thirty-
five hundred inhabitants, forty thousand dollars in towns or
cities having more than thirty-five hundred and less than
five thousand inhabitants, forty-five thousand dollars in cities
having more than five thousand and less than ten thousand
inhabitants, sixty-five thousand dollars in cities having more
than ten thousand inhabitants and less than fifty thousand
inhabitants, one hundred thousand dollars in cities having
more than fifty thousand inhabitants and less than one hun-
dred and fifty thousand inhabitants, and two hundred thousand
dollars for cities having more than one hundred and fifty
thousand inhabitants; the number of inhabitants in each case
to be ascertained or determined by the last Federal or State
enumeration; unless the paid-in capital of such trust com-
pany is already sufficient under the present conditions of the
law to provide the capital required by a trust company here-
under doing business in the city, town or village in which it
may be located, and for branches in cities, towns or villages
in which it proposes to establish branches; provided, how-
ever, that no branch shall hereafter be established by any trust
company, in the city, town or village where said trust company
is now located and engaged in business, until said trust com-
pany conforms to the requirements herein provided as to the
minimum amount of capital stock for trust companies in said
city, town or village.

SEC. 3. And be it further enacted, That a new section be,
and the same is hereby added to Article 11 of the Annotated
Code of Maryland, Edition of 1924, Title ''Banks and Trust
Companies, " sub-title, "General Regulations, " said Section to
be known as Section 52-a, to follow immediately after Section
52, and to read as follows: