ODEN BOWIE, ESQUIRE, GOVERNOR. 341

fifty thousand dollars of said capital stock shall have been full paid, in the "lawful money of the United States," and so certified by a majority of the said Commissioners or Directors to the Treas-
urer and Comptroller of the State, and a certificate of their so organization be transmitted to the Clerk of the Court of Appeals, to be by him recorded among the records of his office, and not before, shall they be entitled to all the benefits and privileges herein conveyed or intended to be conveyed. Sec. 5. And be it enacted, That the said Com- missioners, or a majority of them shall he, and are	Certified to Comptroller.
hereby, constituted a Board of Directors to manage the affairs of the said corporation until the second Monday of July ensuing its, or their organization under this Act, and until successors shall be chosen, and in case it should at any time happen that an election of Directors, or appointment of	Directors to manage.
President of the said bank should not be made so as to take effect on any day when in pursuance of law the same should take effect the corporation shall not for that cause be deemed to be dissolved, but it shall be lawful at any time within thirty days thereafter, to make such election and appoint- ment in such manner as shall be directed and pro- vided by the ordinances of the bank; and in case of the death, resignation, removal out of the State, or other disqualification of any Director, or of the	President.
President of the said bank, the vacancy thereby occasioned may be filled by the Directors for the time being, electing a Director, or appointing a President, as the case may be, for the balance of the time. Sec. 6. And be it enacted, That the affairs of the several and singular corporations herein provided for shall be managed by a President and Directors	Vacancy.
in each of said corporations and the number of Directors in any of the said corporations shall not be greater than seven, nor less than five, and the number of Directors in any of said corporations may be changed by the stockholders from time to time, within the limits as to number aforesaid, and no person shall be a Director in any of the said Corporations who is not a stockholder thereof, and who is not also a citizen of the State of Maryland.	Number of di- rectors.
Sec. 7. And be it enacted, That the following rules, restrictions, limitations and provisions shall	Rules.