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Session Laws, 1858
Volume 624, Page 266   View pdf image
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266

LAWS OF MARYLAND.

required by the act of Assembly of eighteen
hundred and fifty-six, chapter sixteen.

In force.

SBC. 2. And be it enacted, That this act shall
take effect from its passage.

CHAPTER 206.

Passed March

8, 1858.

AN ACT to incorporate the Allegany county
Bank.

Commission-
ers appointed.

SECTION 1. Be it enacted by the General Assem-
bly of Maryland, That Richard D. Johnson,
George W. Clabaugh, John G. Lynn, Alexander
King, Thomas Devecmon, George A. Thruston,
John A. Graham, John Coulehan, Hopewell
Hebb, James W. Jones, Albert C. Green and
Horace Resley be and they are hereby appointed
commissioners with authority to them or a ma-
jority of them, to establish a banking institution
in the city of Cumberland, by the name of the
Allegany County Bank, the capital of which
shall be two hundred and fifty thousand dollars,
in shares of one hundred dollars each; and the
said banking institution shall be and is hereby
incorporated under the name and style of the
Allegany County Bank, and by that name shall
have succession and be able and capable in law
to sue and be sued, plead and be impleaded in all
courts of law or equity whatsoever; and also
shall have authority to make and use a common
seal, and the same to alter or renew at pleasure,
and generally to do and execute all and singular
such acts, matters and things as a banking corpo-
ration may and can lawfully do and execute, and
particularly shall have all the rights, powers and
privileges and be subject to all the limitations,
restrictions and conditions of the several banks
comprehended in the act entitled, an act to con-
tinue the corporate existence of the several bank-
ing institutions therein mentioned, passed at Janu-
ary session, eighteen hundred and fifty-three,
chapter four hundred and forty-one, and the sup-



 
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Session Laws, 1858
Volume 624, Page 266   View pdf image
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