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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2930   View pdf image (33K)
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WM. PINKNEY WHYTE, ESQUIRE, GOVERNOR. 351

'one vote for every additional two shares, to the num-
ber of not exceeding one hundred shares in all, and
to one vote for every additional five shares there-
after; but no share of stock shall entitle any holder
to a vote which shall not have been holden four
calendar months previous to the day of election.
B. No director of tills corporation shall be at the:
same time a director of any oilier hank in tills State,,
and once in each year the directors shall lay before
the stockholders of said corporation at a general
meeting for their information, an exact statement of
the debts which shall have remained unpaid, after
the expiration of the original credit and the surplus
profits, if any, after deducting losses and dividends.
C. The Treasurer of the State shall be furnished
with statements of the amount of the capital stock of'
the corporation, and of the debts due to and from the
same, specifying those due to and from other banks,
of the moneys deposited therein, of the notes in circu-
lation, of the cash on hand, amount of coin and of
notes of other banks, of the value of the real estate
held by the corporation, and of the amount and
value of public or other stocks owned by the corpo-
ration; said statements to be furnished once in each
.year, and to show the condition of the corporation
in the said particulars as they may appear at the
close of the business transactions of the day, in
settlement thereof on the first Monday of January;
and the said corporation shall publish said statement
so made to the Treasurer in at least one of the daily
newspapers published in the City of Baltimore, such
statement in all cases to be verrified by the oath or
affirmation of the President or Cashier of the cor-
poration,
D. The issues or notes usually denominated bank
notes, which it shall be lawful for this corporation 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 denomination than five
dollars, nor of any amount intermediate between five
and ten dollars; and the General Assembly may at
any time restrict the issue of such notes both in the

Directors not
to be director
in other bank
Statement of
capital stock
to be furnish
Treasurer
Verified by
President
Notes not to
exceed capi-
tal stock paid
in.

 

 
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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2930   View pdf image (33K)
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