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Proceedings and Acts of the General Assembly, 1867
Volume 133, Page 4951   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR THOMAS SWANN, ESQUIRE, GOVERNOR. 739

of the profits as shall have been made daring the
past year upon unredeemed shares, and all divi-
dends due to holders of unredeemed shares who
may have paid up the entire amount of the par
value of their stock in advance, or otherwise, shall
be paid to the holders thereof in cash, and all
dividends upon unredeemed stock not yet paid up
in full, shall be pro rata passed to the credit of
the holders thereof in reduction of the future in-
stalments on the same.

Sec. 9. And be it enacted. That on the trial of
any action or proceeding at law or equity in which
the property or interest of said corporation may
be in any way concerned, any stockholder in said
corporation shall be a competent witness, and shall
. not be objected to on account of any interest he
may have as a stockholder or member, in the re-
sult of any such action or other proceeding.

Stockholders
to be witnesses.

Sec. 10. And be it enacted, That the oath of the
presiding officer. Secretary or Treasurer of said
corporation, as to the truth and bona fide consid-
eration mentioned in any mortgage bill of sale or
any other instrument of writing, shall be taken
and deemed to all intents and purposes to be a full
compliance with the twenty-ninth (29) section of
Article twenty-four (24) of the Maryland Code of
Public General Laws, and an Act of Assembly of
eighteen hundred and forty-six (1846) chapter
two hundred and ninety-one (291) entitled, an Act
to prevent frauds in mortgages and bills of sale,
and any supplement or supplements thereto, and
that the oath of the Treasurer, or other Financial
officer of the said corporation, whose duty it may
be to keep the books of accounts of the said cor-
poration, shall be taken and deemed to be a full
compliance with the provisions of the Act of As-
sembly of eighteen hundred and thirty-three,
chapter one hundred and eighty-one (181) enti-
tled an Act relating to mortgages, or any supple-
ment or supplements thereto, and sections seven
hundred and eighty-two (782,) seven hundred
and eighty-three (783) seven hundred and eighty-
four (784,) seven hundred and eighty-five (785,)
&c., of Article four (4) of Public Local Laws,
relating to mortgages in the city of Baltimore.

Oath of Offi-
cers.



 
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Proceedings and Acts of the General Assembly, 1867
Volume 133, Page 4951   View pdf image (33K)
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