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Session Laws, 1929
Volume 572, Page 1262   View pdf image (33K)
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1262 LAWS OF MARYLAND. [CH. 521

380A. In all proceedings before the commission in which
the permission, approval, authority or consent of the commis-
sion shall be applied for under the provisions of Sections
379, 380, 390, 391 or 394 of this sub-title, the commission
may require that it be shown by clear and satisfactory evi-
dence that the granting of such permission, approval, author-
ity or consent is required by, or consistent with, the public
interest, in addition to compliance with other requirements of
said sections; and when such proof is required hereunder the
burden of proof shall be upon the applicant.

Approved April 11, 1929.

CHAPTER 521.

AN ACT to repeal and re-enact with amendments Sections 3,
4 and 13 of Chapter 354 of the Acts of 1900, entitled "An
Act to incorporate the Farmers' Banking and Trust Com-
pany of Montgomery County, " and to repeal Section 1 of
Chapter 712 of the Acts of 1910, entitled "An Act to
amend the charter of the Farmers' Banking and Trust
Company of Montgomery County, " as granted in Chapter
354 of the Acts of the General Assembly passed at the
session thereof begun and held on the 3rd day of January,
1900, and ended on the 2nd day of April, 1900.

SECTION 1. Be it enacted by the General Assembly of
Maryland,
That Sections 3, 4 and 13 of Chapter 354 of the
Acts of 1900, entitled "An Act to incorporate the Farmers'
Banking and Trust Company of Montgomery County, " be
and the same are hereby repealed and re-enacted with amend-
ments so as to read as follows:

3. The capital stock of said Company shall consist of
twenty-two hundred and eight shares at twenty-five dollars each,
being fifty-five thousand two hundred dollars, with the privi-
lege to increase the same, from time to time, up to the sum of
two hundred and fifty thousand dollars by a vote of the stock-
holders at a special meeting to be called for that purpose; and
the incorporators, or a majority of them named in said Act
of 1900, shall have the power to open books for subscription
at such time and places as they may deem expedient; and when


 

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Session Laws, 1929
Volume 572, Page 1262   View pdf image (33K)
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