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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2884   View pdf image (33K)
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ODEN BOWIE, ESQUIRE, GOVERNOR. 345

immediately enter his dissent in writing on the
minutes of the proceedings of the Board, and give
public notice to the stockholders that such divi-
dend has been declared.

Art. 10. No Director shall be entitled to re-

 

ceive any emolument for his services, unless the
same shall have been allowed at a general meeting
of the stockholders, and the Directors shall make
such compensation to the President for his extra-
ordinary attendance at the bank, as shall appear
to them reasonable.

Art. 11. The President and Directors of the cor-

No emolument
unless voted.

poration may at any time call a general meeting
of its stockholders for any purpose relative to the
institution, giving at least six weeks notice in two
or more daily newspapers printed in Baltimore
City, if the corporation be located in said city, or
in a newspaper printed in the county town, of the
county in which the corporation may be located, if
not located in the said city; and any number of
stockholders owning not less than one-fifth of the

General Meet-
ing.

stock of the corporation, may at any time apply to
the said President and Directors to call a general
meeting of the stockholders for any purpose rela-
tive to the institution; and if the President and
Directors shall refuse to call such meeting, the
said number of stockholders, proprietors of not
less than the aforesaid number of shares, shall

How called.

have power to call a general meeting of the stock-
holders, giving notice, as aforesaid, and specifying
in such notice the objects of such meeting; and it
is hereby made the duty of the President and Di-
rectors of said bank, upon the application of any
ten stockholders for that purpose, to give such
stockholders a full list of the names of all the
stockholders in said bank.

Art. 12. Every cashier or treasurer before he
enters upon the duties of his office, shall he re-

Stockholders
may call.

quired to give bond, with two or more securities,
to the satisfaction of the President and Directors,
in a sum not less than fifty thousand dollars for
the larger banks, nor less than twenty thousand
dollars for those banks whose capitals do not ex-

Give bond.

ceed three hundred thousand dollars, with a con-
dition for the faithful discharge of their duties.

Amount,

 

 

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Proceedings and Acts of the General Assembly, 1870
Volume 188, Page 2884   View pdf image (33K)
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