354 LAWS OF MARYLAND. [CH. 381

(g) 'This section shall not apply to the owners and operators
of motor vehicles engaged in the transportation of passengers
or property, subject to the jurisdiction of the Public Service
Commission of Maryland, who operate 50 or' more motor vehi-
cles and have shown to the satisfaction of said Commission,
during a continuous operation of at least five years duration,
that they are financially qualified to respond in damages to at
least the extent required of other motor vehicle operators by
Sections 107 to 130, inclusive, of this Article.

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

Approved March 27, 1945.

CHAPTER 381.

(Senate Bill 55)

AN ACT to repeal Section 63, and to repeal and re-enact, with
amendments, Sections 56, 64 and Sub-section (1) of Section
62 of Article 21 of the Annotated Code of Maryland (1939
Edition), title ''Conveyancing", sub-title "Chattel and Crop
Mortgages", relating to loans and chattel and crop mort-
gages under said sub-title.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Sections 56, 64 and Sub-section (1) of Section 62 of
Article 21 of the Annotated Code of Maryland (1939 Edition),
title "Conveyancing", sub-title "Chattel and Crop Mortgages",
be and they are hereby repealed and re-enacted, with amend-
ments, to read as follows:

56. (Chattel and Crop Mortgages; Eligible Mortgages;
Property Which May Be Mortgaged; Lien in General. ) Any
person, association, partnership or corporation may enter into
an agreement with and borrow funds from any National Bank,
State Bank, Savings Bank or Trust Company, a Production
Credit Association or a Bank for Cooperatives organized under
the Farm Credit Act of 1933, a Regional Agricultural Credit
Corporation, the Reconstruction Finance Corporation, or the
Government of the United States or any department, agency or