314

LAWS OF MARYLAND.

Authority to
disburse.

SEC. 2...And be it enacted, That the treasurer of the
State shall, upon the warrant of the comptroller of the
treasury department, disburse the said sums of money
hereinbefore appropriated for the objects and purposes
specified to, or upon the order of the person or persons,
bodies politic or corporate, severally entitled thereto,
and that the several public officers to whom the same
or any part thereof may be paid, shall render quarterly
to the comptroller accounts of the expenditure thereof,
with the proper vouchers thereof, verified by affidavit,
excepting such part thereof as may be disbursed out of
the executive contingent fund upon the order of the Go-
vernor, and such further part thereof as may be paid
for or on account of salaries fixed by the constitution
and the laws of this State.

In force.

SEC. 3. And be it enacted, That this act shall take
effect from the date of its passage.

CHAPTER 235.

Passed
Mar. 10, 1854.

Commission-
ers appointed.

AN ACT to incorporate the Bank of Commerce.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That Moore N. Falls, Frederick Schu-
maker, Lewis Andoun, John Wilson and Charles R.
Taylor, be and they are hereby appointed commission-
ers with authority to establish a banking institution in
the city of Baltimore, by the name of the Bank of
Commerce, the capital of which shall be three hundred
thousand dollars, in shares of twenty-five dollars each -,
and the said banking institution shall be, and is hereby
incorporated with all the privileges and responsibilities of
bodies politic and corporate, and the said commission-
ers shall appoint the times for taking subscriptions to
the stock, for choosing directors, and for putting the
bank into operation.

Rights and
powers.

SEC. 2. And be it enacted, That the aforesaid bank
from the time one hundred and twenty-five thousand