THOMAS SWANN, ENQUIRE, GOVERNOR. 185
and privileges of the original stock. Stockholders
shall have the option of subscribing to such in-
creased stock pro rata, within such time as the
Director may limit.
|
 
|
Sec. 11. And be it enacted. The stockholders of
said Bank shall be liable to the amount of their
respective share or shares of stock in said Bank
or banking institution for all its debts and liabili-
ties upon note or notes, bill or bills, pr otherwise.
The books, papers and accounts of said Bank shall
be open to inspection under such regulations as
may be prescribed by law.
|
Liability,
|
Sec. 12. And be it enacted, That this Act shall
take effect and be in force from and after its pas-
sage, and that the General Assembly reserves to
itself the right to alter, amend or repeal the charter
at pleasure.
Approved March 17, 1868,
CHAPTER 124.
AN ACT to incorporate the " National Savings
Bank of Baltimore.
|
In force and
reservation.
|
SECTION 1. Se it enacted by the General Assembly
of Maryland, That Samuel Townsend, J. W.
Jenett, Jacob Burroughs, James Baynes, Wm.
Whitelock, Thomas H. Matthews, John G.
Cockey, T. Y. Canby, Robert Tyson, John A.
Nichols, David T. Buzby, Joseph C. Townsend,
and their successors shall be, and the^ are hereby
constituted a body corporate and politic by the
name of the National Savings Bank of Baltimore,
and by that name shall have perpetual succession,
and be capable in law to hold and dispose of
property, to sue and be sued, plead and be im-
pleaded, answer and defend, be answered and de-
fended fn courts of law and equity, and in any
other place to receive and make all deeds, trans-
|
Incorporation
|
|
|