THOMAS SWANN, ESQUIRE, GOVERNOR. 925
certificate of their objection in writing with the
clerk of the court in which the original certificate
of incorporation is filed, they shall be exempt from
the liability imposed in the last preceding section.
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Sec. 64. And be it enacted, That no loan of mo-
ney shall be made by any such corporation to any
stockholder therein, and if any such loan shall be
made to any stockholder, the officer or officers who
shall make it, or who shall assent thereto, shall be
jointly and severally liable for all the debts of the
corporation contracted before the making of the
said loan to the extent of double the amount of
said loan ; this section shall not, however, apply
to any Building or Homestead Association, or any
association for the loan of money on real or per-
sonal property, or to any savings institution.
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No loan to
stockholder.
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Sec; 65. And be it enacted, That the Trustees,
Directors or Managers of any corporation created
under this Article, and having a capital stock, may
call in and demand from the stockholders, respec-
tively, all sums of money by them subscribed, at
such times and in such payments and installments
as the Trustees, Directors or Managers may deem
proper, under the penalty of forfeiting the shares
of stock subscribed, and all previous payments
made thereon, if payment shall not be made by
the stockholders within ninety days after a per-
sonal demand, or after a notice requiring such
payment, published in a newspaper printed nearest
to the place where the principal office of the corpo-
ration is located.
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Demand sub-
scriptions.
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Sec. 66. And be it enacted, That when any person
or persons owning tive per cent, of the capital stock
of any corporation formed under the provisions of
this Article shall present to the treasurer or chief
finance officer thereof a written request for a state-
ment of the affairs of said corporation, it shall be the
duty of such treasurer or chief finance officer to make
a statement of the affairs of said corporation under
oath, embracing a particular account of all its as-
sets and liabilities and minute detail, and to de-
liver such statement to the person or persons who
presented the said written request to the said trea-
surer or chief finance officer within twenty days
after such presentation, and keep on file in his
office for six months thereafter a copy of such
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Statement of
affairs.
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