762 LAWS OF MARYLAND. [CH. 295
40B. Every sayings institution incorporated under this
Article or heretofore incorporated may go into voluntary
liquidation by a vote, in person or by proxy, of two-thirds of its
corporate members, or like governing bodies, and in event there
is no such body, by a unanimous vote of the board of directors.
Whenever a vote is taken to go into liquidation, it shall be the
duty of the board of directors to cause notice of this fact to be
certified under seal of the institution by its president and treas-
urer to the State Bank Commissioner and publication thereof,
notifying creditors to present their claims against the institu-
tion for payment, shall be made once in each week for eight con-
secutive weeks in a newspaper published in the city, village or
county in which the institution is located, and if no newspaper
is there published, then in the nearest county seat. After this
has been done the directors of the institution shall file with
the Bank Commissioner over their signatures, a statement to
the effect that the institution has been duly liquidated.
40C. Every savings institution incorporated under this
Article or heretofore incorporated with the written consent of
the Bank Commissioner, may merge or consolidate with a like
institution, by a vote, in person or by proxy, of two-thirds of its
corporate members or like governing bodies, and in event there
is no such body, by a vote of the board of directors, such vote
to be taken at a meeting duly called for that purpose as pro-
vided by law. A copy of the agreement setting forth the terms
and conditions of the proposed plan, executed before a public
officer, qualified to take acknowledgments, by the president and
treasurer of the associations entering into the agreements, must
be filed with the Bank Commissioner.
SEC. 9. And be it further enacted, That this Act shall take
effect on June 13 1931.
Approved April 17, 1931.
CHAPTER 295.
AN ACT to repeal and re-enact with amendments Section 1 of
Article 67 of the Annotated Code of the Public General Laws
of Maryland (1929 Supplement), title "Negligence Causing
Death, " said amendments providing that executors and ad-
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