THEODORE R. McKELDIN, GOVERNOR                   329

demeanor and upon conviction any person guilty thereof shall be
subject to a fine of $10.00. Upon the second or any subsequent convic-
tion against any farmer for either illegal procurement of a farm
truck license or illegal use of a farm truck, the Department shall
revoke the registration and the right of re-registration of such
vehicle as a farm truck, for a period of one year thereafter, in addi-
tion to the fine imposed; such revocation shall be mandatory.

The privilege of registering as a farm truck shall be available only
to Class E motor vehicles with a chassis weight of more than 3/4 ton
and not exceeding 5,000 pounds, as enumerated hereinabove. Except
as particularly provided otherwise, the provisions of law as to Class
E, Pneumatic Tire motor vehicles in general shall apply also to Class
E, Pneumatic Tire farm trucks.

SEC. 2. And be it further enacted. That this Act shall take effect
June 1, 1955, PROVIDED THAT THE INCREASED FEES PRO-
VIDED FOR HEREIN SHALL BECOME EFFECTIVE ON JAN-
UARY 1, 1956.

Approved April 1, 1955.

CHAPTER 234
(House Bill 267)

AN ACT to repeal and re-enact, with amendments, Section 151 of
Article 23 of the Annotated Code of Maryland (1951 Edition), title
"Corporations," sub-title "Building or Homestead Associations,"
prohibiting the opening of branch offices in the State of Maryland
by a foreign building, loan or homestead associations, or any such
association which maintains its principal office outside the State
of Maryland, except such branch offices as may be open for business
before June 1, 1955.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 151 of Article 23 of the Annotated Code of Maryland
(1951 Edition), title "Corporations," sub-title "Building or Home-
stead Associations," be and it is hereby repealed and re-enacted, with
amendments, to read as follows:

151. No foreign building, loan or homestead association shall make
loans of any kind or transact any business of a building and loan
association within the State of Maryland [, or maintain an office in
the State of Maryland for the purpose of transacting such business]
until it has been admitted to do business in the State of Maryland.
Any foreign building, loan or homestead association may be admitted
to do business in the State of Maryland upon the same terms and con-

EXPLANATION: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.