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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2922   View pdf image (33K)
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WM. PINKNEY WHYTE, ESQUIRE, GOVERNOR. 343

less than one-fifth of the stock of the corporation,
may at any time examine the books, papers and ac-
counts of the corporation, or may apply to the Presi-
dent and Directors to call a general meeting for
any purpose relative to the corporation; and if the
President and Directors shall refuse to call such
meeting, the said number of stockholders, owners of
not less than the aforesaid amounts of stock, shall
have the power to call a general meeting of the
stockholders, giving notice as aforesaid, and specify-
ing in such notice the object of the meeting; and it
is hereby made the duty of the President and Direc-
tors, upon the application of ten stockholders for
that purpose, to give such stockholders a full list of
all the stockholders in said bank.
ART. 12. Before he enters upon the duties of his
office, the Cashier shall be required to give bond,
with one or more securities, to the satisfaction of the
President and Directors, in a sum not less than
twenty thousand dollars, with a condition for the
faithful discharge of his duties.
ART. 13. The lands and tenements and heredita-
ments, which it shall be Iawful for said corporation
to hold, shall be such as shall be requisite for its
accommodation in relation to the transacting of bus-
iness, and such as shall have been bonafide mortgaged
or conveyed to it by way of security, or in satisfac-
tion of debts contracted in course of its dealings, or
purchased at sales upon judgments which have been
obtained for such debts; provided, that it shall not be
lawful for any such corporation to hold any real estate
purchased at sales upon judgments as aforesaid, more
than seven years from and after the time of purchase.
ART. 14. That this corporation shall not deal of
trade in anything except bills of exchange, promis-
sory notes, bonds and mortgages, and bullion, or it:
the produce of their lands, or of such goods and
effects as shall have been bona fide pledged or mort
gaged by way of security, or conveyed to it in satis-
faction of debts contracted in the course of its deal
ings, or purchased at sales upon judgments which
shall have been obtained for such debts; provided

Examine
books and
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Duty of Pre-
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Directors.
Cashier to
give bond.
Lawful prop-
erty for cor-
poration to
' hold.
.
, Proviso.
' Not to deal
or trade.
i
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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2922   View pdf image (33K)
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