ODEN BOWIE, ESQUIRE, GOVERNOR. 343
and the first Monday of July; and each of the
said corporations shall publish said statement so
made to the Treasurer, in at least one of the daily
newspapers published in the city of Baltimore; if
the corporation he located in said city, or in a
newspaper published in the county in which the
corporation may be located, if not located in said
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Publish state-
ment.
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city; said statements in all cases to be verified by
the oath, or affirmation, of the President or cashier
of the corporation.
Art. 5. The issues or notes, usually denominated
bank notes, which it shall be lawful for the corpo-
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Verified by
President.
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ration to issue, shall not at any time exceed the
amount of its capital stock actually paid in, and
no note shall be issued of a less amount or de-
nomination than five dollars, nor of any amount
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Amount of
issue.
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intermediate between five and ten dollars; and
the General Assembly may at any time restrict the
issue of such notes, both in the amount which may
be issued and in the denomination of the notes.
Art. .6. The President, each Director, Cashier,
and Treasurer, before he enters upon the duties of
his office, shall take the following oath or affirma-
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Not less than
five dollars.
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tion, as the case may be; I ........., do swear, or
affirm, that I will faithfully, impartially, diligent-
ly and honestly execute the duties of ......... agree-
ably to the provisions of law and the trust imposed
in me, to the best of my skill and judgment.
Art. 7. The total amount of the debts which
any of the said corporations shall at any time owe,
exclusive of its issues, or notes usually denomi-
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Oath of offic'rs
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nated bank notes, whether by bond, bill, note or
other contract, shall not exceed the amount of cap-
ital actually paid into the said bank; provided,
that the money deposited in the said bank for safe
keeping, shall not be considered as the debts of the
hank within the provisions of this clause, unless
the contracting of a greater debt shall have been
previously authorized by a law of this State, and
in cases of excess, the Directors under whose ad-
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Debts not to
exceed capital
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ministration it shall happen, shall be liable for the
same in their natural and private capacities, and
an action may, in such cases, be brought against
them, or any of them, or their heirs, executors or
administrators, in any Court of Record in this
State by any creditor or creditors of said corpora-
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Directors lia-
ble.
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