if at any time the corporators for the time being shall think it wise to change the name of the said corporation, they may do the same by a certificate under their hands and seals, to be acknowledged and recorded as provided for in the case of the original certificate mentioned in Section 313 of this Article.

1892, ch. 614, sec. 217D.

316. Any person or persons, individual or corporation, holding lands or goods and chattels, or any interest therein, in trust for any particular church or congregation, church society congregation, of the said denomination, wherein a corporation shall be formed in accordance with the terms of Section 313, shall convey the same to the said corporation as soon as possible after its formation under the terms of the three preceding sections; and any gift, devise or bequest heretofore or hereafter made to any such congregation, or to any person or persons, individual or corporation in trust therefor, shall enure to the benefit of the corporation to be formed in such congregation (if any such corporation shall be so formed according to the terms of said sections), whether the said corporation be or be not accurately described in such gift, devise or bequest; provided, that the intention of the donor or testator be clear that the same shall enure to the benefit of the said congregation.

Safe Deposit Companies.

1904, ch. 92, sec. 221A.

317. No safe deposit company, incorporated under the laws of this State or any other State, the District of Columbia, or any Territory of the United States, and engaged in the business of renting out locked boxes or safes for the storage or safe keeping of securities and valuables, in a vault in its building or under its control within this State, and no corporation engaged in said business within this State shall permit entry or access to be made by one or any two or more co-trustees, co-executors or administrators, or other joint fiduciaries, to whom it shall have rented a safe or box in such vault for the storage or safe keeping of securities or other valuables belonging to their trust estate, nor permit such entry or access in such cases to be

made otherwise than by all of such lessees in person, their survivors or successors; nor, where such safe or box is rented to a single trustee, executor, administrator or other fiduciary for such purpose, permit such entry or access, otherwise than by such trustee or other fiduciary in person or his successors; provided, however, that where it is otherwise stipulated in writing in the lease of such box or safe, signed by all of such lessees, or where a written power of attorney or other written authority is filed with such company, signed by all the lessees, or by the one or more conferring such power on the other or others, authorizing such entry and access by one or more of their number, or by a deputy therein duly named and authorized, then, in such cases entry may be permitted in accordance with the provisions of such written lease or authority.

Savings Institutions.

1888, art. 23, sec. 218. 1868, ch. 471, sec. 152.

318. Any savings institution incorporated under this article shall be capable of receiving from any person or persons, or bodies corporate or politic, any deposit of money which shall be invested or loaned out on good security, in the discretion of the directors; provided, no part of the funds of said corporation shall be loaned to any officer or director of such corporation.

United German Bank v. Katz, 57 Md. 136.

Ibid. sec. 219. 1868, ch. 471, sec. 153.

319. It shall be the duty of the directors of such corporation to appoint, at least once in every twelve months, five competent members of said corporation, as a committee of examination, whose duty it shall be to investigate the affairs of said corporation, and to make and publish a report of such investigations in one or more newspapers published in the county or city in which such institution is situated; and it shall be the duty of the directors, at least once in every six months in each and every year, to make and declare such dividends of the interest and profits of said institution, as will not impair the deposits thereof, or otherwise injure or affect the

interest or credit of said institution, and the same to pay over unto the depositors, or their legal representatives, within ten days thereafter, if called upon so to do.

United German Bank v. Katz, 57 Md. 136.

1888, art. 23, sec. 220. 1868, ch. 471, sec. 154.

320. The concerns of any institution under this article shall at all times be subject to the inspection of the Treasurer of Maryland, or of such other officer or agent of the State of Maryland as may be appointed or selected for that purpose by either branch of the Legislature.

United German Bank v. Katz, 57 Md. 136.

Ibid. sec. 221. 1868, ch. 471, sec. 155.

321. The capital stock of any such corporation shall not exceed one million dollars.

Telegraph and Telephone Companies.

Ibid. sec. 222. 1868, ch. 471, sec. 127.

322. Corporations for owning, leasing, constructing or operating a line or lines of telegraph through this State or from or to any point or points within this State, or upon the boundaries thereof, may be formed as hereinbefore provided.

Sprigg v. Western Tel. Co., 46 Md. 74. Telegraph Co. v. Pearce, 71 Md. 536. Ches. and Pot. Tel. Co. v. MacKenzie, 74 Md. 37.

Ibid. sec. 223. 1868, ch. 471, sec. 128.

323. Such corporation may, with the consent of a majority of its stockholders given in general meeting, become the purchaser, assignee or lessee of any property within this State of any telegraph company or companies now existing, or which may hereafter be incorporated, or may be doing business within this State.

Ibid. sec. 224. 1868, ch. 471, sec. 129.

324. It may construct a line or lines of telegraph through this State, or from or to any point or points within this State, or upon the boundaries thereof, and along and upon any postal roads and postal routes, roads, streets and highways, or across

any of the bridges or waters within the limits of this State, by the erection of the necessary fixtures, including posts, piers or abutments for sustaining the cords or wires of such lines, without their being deemed a public nuisance, or subject to be abated by any private party; provided, the same shall not be so constructed as to incommode injuriously the public use of said postal road or postal routes, roads, highways and bridges or injuriously interrupt the navigation of said waters, or interfere with the convenience of any land owner more than is unavoidable; and this section shall not be so construed as to authorize the construction of any bridge across any of the navigable waters of this State; but the said corporation shall be responsible for any damages which any person or corporation may sustain by the erection, continuance and use of such fixtures; and in any action brought for the recovery thereof by the owner or possessor of any lands, the damages to be awarded may, at the election of such corporation, include the damages for allowing the said fixtures permanently to continue; on payment of which damages, the right of the corporation to continue such fixtures shall be confirmed, as if granted by the parties to the suit; provided, that no person or body politic shall be entitled to sue for or recover damages as aforesaid, until the said corporation, after due notice, shall have failed or refused to remove, in reasonable time, the fixtures complained of; or the president and directors of the said company may apply to a justice of the peace of the county or city where such lands are, and such justice shall thereupon issue his warrant, directed to the sheriff of said county or city, commanding him to summon twelve disinterested persons, qualified to serve as jurors, to meet at the proper place, as directed by the said justice; and the sheriff shall qualify the said persons, by oath or affirmation, faithfully to perform the duties required of them by the next succeeding section.

1888, art. 23, sec. 225. 1868, ch. 471, sec. 130.

325. The said jury shall make a just and equitable appraisment of all the loss or damage that may be sustained by any person or corporation, on or over whose lands or bridges said posts, piers or abutments are intended to be placed, and shall

make a true return and inquisition thereof, in writing, under their hands and seals.

Ibid. sec. 226. 1868, ch. 471, sec. 131.

326. The sheriff shall make return of the inquisition so found, to the clerk of the Circuit Court for the county, or the Superior Court of Baltimore city, who shall file the same and lay it before the said court at its next session; and such inquisition shall be confirmed by said court, unless good cause be shown to the contrary; and when confirmed, shall be recorded by the clerk, at the expense of the corporation; but if set aside, the said court may direct another inquisition to be taken in the manner above prescribed. The valuation of such loss or damage, when paid or tendered to the owner or owners of the property, or his, her or their legal representatives shall entitle the said corporation to the easement thus valued, as fully as if it had been conveyed to the said corporation by the owner or owners of the same; and the valuation, if not received when tendered, may, at any time thereafter, be received from the company without costs, by the said owner or owners, or his, her or their legal representative or representatives.

1888, art. 23, sec. 227. 1900, ch. 267.

327. Any such corporation formed as aforesaid may, with the consent of the majority of the owners of the capital stock of such corporations, given in general meeting, extend their lines of telegraph into any other State, or may construct branch lines in this State, or any other State, or may lease, sell, or convey its property, rights, privileges and franchises or any interest therein or any part thereof to any telegraph company organized under or created by the laws of this or any other State, and may acquire by lease, purchase or conveyance the property, rights, privileges and franchises, or any interest therein or any part thereof of any telegraph company organized under and created by the laws of this or any other State upon such terms and conditions as may be agreed upon between the respective companies, or by purchase at any sale of the property and franchises of any such corporation heretofore incorporated or hereafter to be incorporated under the terms