HARRY W. NICE, GOVERNOR. 477

(e) For purposes of taxation or doing business within
this State, any association or corporation availing itself
of the privileges of this section shall be regarded as a do-
mestic corporation of this State, and its property, shares
and assets shall be taxed in the same manner and to the
same extent as the property, shares and assets of domes-
tic homestead and building associations of this State, and
shall in every other respect be regarded as a domestic
corporation of this State.

SEC. 2. And be it further enacted, That all laws or
parts of laws inconsistent with the provisions of this Act
be, and the same are hereby repealed to the extent of such
inconsistency.

SEC. 3. If any provision of this Act, or the application
thereof to any person or circumstance, is held invalid, the
remainder of the Act, and the application of such provi-
sion to other persons or circumstances, shall not be affected
thereby.

SEC. 4. And be it further enacted, That this Act is
hereby declared to be an emergency law necessary for the
immediate preservation of the public safety and health, and
being passed upon the 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 May 17, 1935.

CHAPTER 233.

AN ACT to repeal Section 169 of Article 23 of the Code of
Public General Laws (1924 Edition), entitled "Corpora-
tions, " sub-title "Building or Homestead Associations, "
and to re-enact the same with amendments.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 169 of Article 23 of the Code of
Public General Laws (1924 Edition), be and the same is
hereby repealed and re-enacted with amendments, so as to
read as follows:

169. The provisions of the eight foregoing sections shall
be taken and held to apply to corporations which have been