T. WATKINS LIGON, ESQUIRE, GOVERNOR.

43

CHAPTER 33.

AN ACT to incorporate the Somerset and Worces-
ter Savings Bank.

Passed Feb.

27, 1886.

SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That William Freeny, Humphrey
Humphreys, Peter Whaley, William Birckhead, Wil-
liam T. G. Polk, Zadock Henry, George S. Richard-
son, Purnell Toadvine, Samuel A. Graham, Lewis
W. Morris, Merrill Hearn, James M. Fooks, Levin
S. H. Irving, and William H. Rider, and all and
every other person hereafter becoming members of
the Somerset and Worcester Savings Bank, in the
manner hereinafter mentioned, shall be and are hereby
made and created a corporation or body politic, by
the name and style of the Somerset and Worcester
Savings Bank, and by that name shall have succes-
sion, and be capable in law to hold and dispose of
property, to sue and be sued, implead and be im-
pleaded, defend and be defended, in any court of law
or of equity, to receive and make all deeds, contracts,
transfers, conveyances and grants whatsoever, to
make, use and have a common seal, and the same to
renew and alter at pleasure, and generally to do every
other act or thing necessary to carry into effect the
provisions of this act.

Incorporated.

SEC. 2. And be it enacted, That there shall be a
meeting of the members of said corporation, on
such day and at such place, as the several persons
first above named, or a majority of them shall appoint,
of which meeting they shall give at least ten days
notice, by advertisement in some newspapers printed
in Somerset and Worcester counties, and on such
days annually thereafter, and at such place as the
by-laws of said corporation shall provide, for the
purpose of choosing from among the members seven
directors, to manage the affairs of said corporation,
for one year thereafter, and until a new election of

Election of
officers.

directors shall take place; Provided, that such elec-
tion shall take place within one month from the expi-
ration of the term for which the preceding directors
shall have been elected, and the three members first
above named, or upon their refusal or neglect to act,
any three named in this act, shall be the judges of
the first election of directors, and the judges of all
future elections shall be appointed, and notice of such
election given, in such manner as the by-laws shall
provide.

Proviso.