MARVIN MANDEL, Governor 3053
commercial tanks must encourage all members of the City
to place time deposits in minority savings and loan
accounts including municipal and state time deposits as
diverse as collected State tax monies and United Fund
accounts.]]
WHEREAS, The establishment of economic institutions
are essential to the orderly growth of Baltimore City,
and the various commercial institutions must assist in
the establishment of two new communities owned and
operated by savings and loan associations, one in East
Baltimore and a second one in West Baltimore to
facilitate access to the financial institutions by the
inner-city people of Baltimore, now, therefore, be it
RESOLVED BY THE GENERAL ASSEMBLY OF MARYLAND, That
any action affecting usury limits must take into account
the effects on Baltimore City in general and the inner
city specifically; and be it further
RESOLVED, That copies of this Resolution be
forwarded to the directors of commercial banks, savings
and loan associations, Maryland Savings—Share Insurance
Corporation and the Mayor, City Council and Members of
the General Assembly from Baltimore City.
Not signed by the Governor.
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