258                               Laws of Maryland                       [Ch. 201

WHICH THE CRIME IS ALLEGED TO HAVE BEEN COMMIT-
TED; the county where the prosecution shall be carried on shall be
chargeable with and pay the imprisonment fees of such witness;
and the County Commissioners or the Mayor and City Council of
Baltimore shall levy the same, from time to time, as the case may
require.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1957.

Approved March 18, 1957.

CHAPTER 201
(Senate Bill 213)

AN ACT to repeal and re-enact, with amendments, Section 30 of
Article 11 of the Annotated Code of Maryland (1951 Edition),
title "Banks and Trust Companies", sub-title "Banks", deleting
the requirement that the articles of incorporation must be approved
by a judge of the Judicial Circuit in which the bank is to be
located.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 30 of Article 11 of the Annotated Code of Maryland
(1951 Edition), title "Banks and Trust Companies", sub-title
"Banks", be and it is hereby repealed and re-enacted, with amend-
ments, to read as follows:

30. The articles of incorporation shall be executed in triplicate
by the persons joining therein before any officer authorized to take
acknowledgments, and then filed with the Bank Commissioner for
examination. The Bank Commissioner shall thereupon ascertain from
the best sources of information at his command, and by such inves-
tigation as he may deem necessary, whether the character, respon-
sibility and general fitness of the person or persons, named in such
certificate, are such as to command confidence and warrant belief
that the business of the proposed corporation will be honestly and
efficiently conducted in accordance with the intent and purposes of
this Article, and whether the public convenience and advantage will
be promoted by allowing such proposed corporation to engage or
continue in business. After the Bank Commissioner shall have satis-
fied himself by such investigation whether it is expedient, and desir-
able to permit such proposed corporation to engage or continue in
business, he shall have power to require such changes in said certifi-
cate as he may deem necessary. He shall within sixty days after the
date of the filing of such certificate for examination, endorse upon
each of the triplicates thereof over his official signature, the word
"approved" or the word "refused" with the date of such endorse-
ment. In case of refusal he shall return one of the triplicates so

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.