JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 527
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CHAPTER 363.
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AN ACT to incorporate the Bel Air Savings Bank.
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SECTION 1. Be it enacted by the General Assembly of
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Maryland, That Edwin H. Webster, Isaac Amos,
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Amos H. Greenfield, William Herman, Joseph R.
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Ely, August Knofler, Otho S. Lee, William S.
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Richardson, George S. Van Bibler, Joseph M. Street,
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Incorporation.
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James A. Fulton, William T. Hanna and E. Hall
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Richardson, be and they are hereby constituted a
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body corporate by the name and style of the Bel Air
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Savings Bank, and by that name shall have perpetual
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succession and be capable in law to hold and dispose
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of property both real and personal, to sue and be
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sued, plead and be impleaded, answer and defend
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and be answered and defended in all courts of law
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and equity, and to receive and make all deeds, trans-
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fers, contracts, covenants, conveyances, and grants
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whatsoever; to have, make, and use a common seal,
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and the same to change at pleasure, and generally to
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Powers
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do any or every other act or thing necessary to carry
into effect the provisions of this act ; to make by-laws
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for the organization and management of said bank,
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so that the same be not contrary to the laws of this
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State, or of the United States, and may have, enjoy,
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and exercise all the powers necessary to carry out
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the purposes of a savings bank,
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SEC. 2. And be it enacted, That the capital stock oi
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said corporation shall be twenty-five thousand dollars.
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Capital stock.
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with liberty to increase the same to one hundred
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thousand dollars, to be procured in the manner here-
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inafter provided, and said capital stock shall be
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divided into shares of fifty dollars each.
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SEC. 3. And be it enacted, That said bank shall
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Powers
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have power to borrow money or receive money or
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