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 r c h i v e s   o f   M a r y l a n d   O n l i n e

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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2935   View pdf image (33K)
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356
Proxy to
nuke oath if
required.
Proviso.
Kind of
money to be
used
Officers to
make out ac-
count of stock
Refusal to
pay in gold
or silver.
LAWS OF MARYLAND.
that the said stock is to be transferred to the party
from whom it was received, or in case of voting by
proxy or power of attorney, shall make oath or affir-
mation, if required by a stockholder, that lie believes
his principal for whom lie officers to vote bought and
paid or secured the payment 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 ing acquired the same, as
the case may be, by inheritance, bequest, marriage,
distribution or gift; provided , however, that this pro-
vision shall only apply to such shares of stock as
shall appear to have been Transferred upon the books
of the corporation within one year next preceding
the meeting at which it is oftered to vote upon them.
Q. It shall not be lawful for this corporation to
make discounts in, or pay out any funds or money
other than the legal currency of the United States,
notes issued by authority of" this charter, and. notes
of other banking institutions, received at their par
value by the banks so paying them out.
R. That in addition to the general assessments for
the purpose of State and municipal taxation, there
shall be annually levied and collected on the shares
of the capital stock of the bank, the sum of twenty
cents on every one hundred dollars thereof, to be ap-
plied in augmentation of the Free School Fund of
this State, and for the effectual collection of said tax,
the President or other proper officers of this bank
shall make out and deliver to the assessors of Balti-
more city annually, an account of the stock in this
corporation, and the same shall be valued at its par
value in the name of its respective stockholders, and
shall be a lew on the shares of the stock held by said
stockholders respectively, whether resident or non-
resident within this State.
SEC. 11. And be it enacted. That if at any time this
corporation shall neglect or refuse to pay in gold or
silver or lawful money of the United States, any of
its notes, bills, obligations or money received on
deposit, in violation of the contract, promise or un-
dertaking of this corporation, the person or persons

 

 
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Proceedings and Acts of the General Assembly, 1872
Volume 190, Page 2935   View pdf image (33K)
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