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Session Laws, 1957
Volume 640, Page 76   View pdf image (33K)
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76                                Laws of Maryland                  [Chs. 64, 65

CHAPTER 64
(House Bill 101)

AN ACT to repeal and re-enact, with amendments, Section 10 of
Article 13 of the Annotated Code of Maryland (1956 Supplement),
title "Bills of Exchange and Promissory Notes", extending the
provisions of the Saturday closing law for banking institutions to
Somerset County.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 10 of Article 13 of the Annotated Code of Maryland
(1956 Supplement), title "Bills of Exchange and Promissory Notes",
be and it is hereby repealed and re-enacted, with amendments, to
read as follows:

10. Banks may close on Saturdays; Saturdays as legal holidays;
Queen Anne's and Somerset Counties COUNTY excepted.

It shall be lawful for any banking institution as defined in Article
11 of the Annotated Code of Maryland to remain closed on any one
or more or all Saturdays, as it may by resolution of its board of
directors determine, from time to time. Any Saturday on which
any banking institution shall remain closed in accordance with the
provisions of this section shall, as to such banking institution, consti-
tute a legal holiday within the meaning of such term as used in for
all purposes of Section 9 of this Article. Interest on any bill of
exchange, draft or promissory note presentable for payment on any
Saturday on which such banking institution shall remain closed in
accordance with the provisions of this section shall be computed
down to and including any such Saturday only, provided such bill
of exchange, draft or promissory note is presented on the next suc-
ceeding secular day.

The provisions of this section shall not apply to Queen Anne's
[and Somerset counties] County.

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

Approved February 13, 1957.

CHAPTER 65
(House Bill 118)

AN ACT to repeal and re-enact, with amendments, Sub-section (d) of
Section 2 of Sub-title I of Article 78 of the Annotated Code of
Maryland (1956 Supplement), title "Public Service Commission",
sub-title "Scope of Article and Definitions", so as to include within
the definition of "Common Carrier", subject to regulation by the

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.

 

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Session Laws, 1957
Volume 640, Page 76   View pdf image (33K)
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