298 LAWS OP MARYLAND. [CH. 108

9A. All monies coming into the hands of the Bank
Commissioner in his capacity as receiver for any banking
institution (acting under the provisions of Section 9 and/or
Section 61 of this Article) shall be deposited by him to his
credit as receiver of such banking institution, in such bank
or banks as he may from time to time select. For the safe-
keeping and forthcoming, when required, of said deposits,
the said depository bank or banks, shall be required to de-
posit with the Bank Commissioner, bonds of the United
States or of the State of Maryland or any county or muni-
cipality thereof, or bonds of the Home Owners Loan Cor-
poration, a corporation created under an Act of the Con-
gress of the United States, approved June 13, 1933, in the
full amount of said deposits.

SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency law necessary for the
immediate preservation of the public health and safety,
and being passed upon a yea and nay vote supported by
three-fifths of all the members elected to each of the two
Houses of the General Assembly, the same shall take effect
from the date of its passage.

Approved December 15, 1933.

CHAPTER 108.

AN ACT to repeal and re-enact, with amendments, Section
141 of Article 23 of the Code of Public General Laws of
Maryland, Edition of 1924, title "Corporations, " sub-
title "Miscellaneous Provisions, " authorizing the trans-
fer and assignment to the Treasurer of Maryland of
bonds of the Home Owners Loan Corporation, to be held
in trust as security for the holders of policies of corpora-
tions engaged in the guaranty and fidelity business.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 141 of Article 23 of the Code of
Public General Laws of Maryland, Edition of 1924, title
"Corporations, " sub-title "Miscellaneous Provisions, " be,
and the same is hereby repealed and re-enacted, with
amendments, so as to read as follows:

141. Every such corporation transacting as part of its
business the guaranty or fidelity business shall, within six