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Session Laws, 1961 (Special Session), House and Senate Journals
Volume 648, Page 144   View pdf image (33K)
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34 JOURNAL OF PROCEEDINGS [June 9

Conlon, Cook, (N. S. ), Driscoll, Kelley, Reed, Walsh, Hahn, Hale, Magin, O'Farrell,
Clark, Murray, Caldwell, Cannon, Hanna, White, Buckel, Savage. Total—105

The Speaker announced that the motion failed.

Mr. Imber, duly seconded, moved under House Rule No. 46 to force
House Bill No. 2 to the floor from the Rules Committee.

The roll was called on the above motion resulting as follows:

AFFIRMATIVE

Messrs. —

Boyer, Hickman, Bullock, Dembowski, Kosakowski, Nowakowski, Silk, Walters,
Antonelli, Holub, Panuska, Dixon, Friedman, Robinson, Rombro, Bacharach, Mandel,
Stark, Cohill, Coss, Mason, Cook, (N. S. ), Driscoll, Kelley, Reed, Bray. Total—26

NEGATIVE

Messrs. —

Speaker, Combs, Joiner, Brockmeyer, McNulty, Melvin, Ridout, Whitmore, Dowell,
Hance, Linton, Mitchell, Boone, Culver, MacDaniel, Maguire, Staten, Harrison, Blades,
Lowe, Long, Parks, Quinn, Bennett, Matthews, Merryweather, Burkley, Harris, Mackie,
Garbelman, Machen, Nichols, Sasscer, Sickles, Eaton, Risley, Pilchard, Polk, Collins,
Houck, Smelser, Utterback, Virts, Getz, Hess, Moore, Davis, Wise, Behounek, Hedrick,
Urban, Acker, Brooks, Curran, Gallagher, McNeal, O'Malley, Abramson, Welcome,
Cardin, Resnick, Silver, Baumann, Baynes, Bittner, Corrigan, McGuirk, Myers, Mc-
Elwee, Barbee, Cook, (E. P. ), Lee. Walker, Wodward, Conlon, Walsh, Hahn, Magin,
O'Farrell, Clark, Murray Caldwell, Cannon, Hanna, White, Savage. Total—85

The Speaker announced that the motion failed.

FIRST READING OF SENATE BILLS

Senate Bill No. 1—By the President:

A Bill entitled: "An Act to add new Sections 160A-160KK to Ar-
ticle 23 of the Annotated Code of Maryland (1957 Edition), title 'Cor-
porations', sub-title 'Building or Homestead Associations', to follow imme-
diately after Section 160 thereof, providing generally for the organization,
incorporation, operation, conduct, regulation of and supervision over
the savings and loan business, which is known generally as the building,
savings and loan or homestead business; providing further for the in-
vestments, withdrawal of accounts, taxation, membership, promotional
activities, management and functions of such businesses, including class
and type of securities, and allocation of profits, reserves and dividends;
providing for the branching, consolidation, merger, dissolution and re-
vival of such businesses; making provision for conservators and receivers
for such businesses; exempting accounts of such businesses from 'Blue
Sky Law'; creating a Board of Building, Savings and Loan Association
Advisors, and making provision for the members of such Board and for
their qualifications, tenure, powers and duties; vesting certain supervisory
and regulatory powers in the State Department of Assessments and
Taxation and its Director; providing methods for compliance with stock
class requirements; providing penalties for failure or refusal to comply
with certain provisions of this Act; and relating generally to the organi-
zations and businesses known generally as building, savings and loan or
homestead businesses in this State. "

Which was read first time and referred to the Committee on Rules.


 

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Session Laws, 1961 (Special Session), House and Senate Journals
Volume 648, Page 144   View pdf image (33K)
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