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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2924   View pdf image (33K)
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WM. PINKNEY WHYTE, ESQUIRE, GOVERNOR. 345

ART. 18. The President and Directors, for the time
"being, shall give four weeks' notice in some paper
published in Boonsboro or Washington county, of
the time and place of holding the annual election for
directors.
ART. 19. That at all meetings of the stockholders
for elections and other purposes, no person shall be
allowed to vote on any share or shares of stock, either
. 'in person or by proxy, unless said person shall, if re-
quired by a stockholder, make oath before the judges
of election or other officers of the meeting that he or
she, as the case may be, is the lawful and bona fide
owner of said stock, has purchased or paid, or se-
cured payment for the same, a full consideration, or
received the same by inheritance, bequest, marriage
distribution or gift, and without any understanding
that the said stock is to be transferred to the party
from whom it was received; or in case of voting by
by proxy or by power of attorney, shall make oath,
if required by a stockholder, that he believes his
principal for whom he offers to vote bought and paid
for or secured to be paid for the said stock a full
consideration, or that the said principal, to the best
of his knowledge and belief, is the real bona fide
owner of said stock, having acquired the same, as the
case may be, by inheritance, bequest, marriage, dis-
tribution or gift; provided, however, that this pro-
vision shall only apply to such shares of the stock of
this corporation as shall appear to be transferred upon
the books of the corporation within six months next
preceding the meeting at which it is offered to vote
upon them.
ART. 20. It shall not be lawful for the said banking
institution, incorporated by this Act, to make dis-
counts in or pay out any funds or money other than'
that authorized by the United States, notes issued by'
the authority of this Act, and notes of banking cor-
porations received at their par value by the said
bank.
SEC. 7. And be it enacted. That on the first Monday
of January annually, the said corporation shall pay'
or caused to be paid to the Treasurer of the State of1

Publish no-
tice of annual
election.
None but
bona fide
owners of
stock allowed
to vote.
Proxy to
make oath if
required.
Proviso.
Kind of
money to be
used in dis-counting.
To pay to
treasurer of
the State.

 

 
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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2924   View pdf image (33K)
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