| 1810.
CHAP. 67. |
LAWS OF MARYLAND.
transaction of their business, and such as shall have been
bona fide mortgaged or conveyed to them by way of security, or
in satisfaction of debts contracted in the course of their dealings,
or purchased at sales upon judgments which shall have been obtained
for such debts. |
Bills and notes issued
by order of
corporation to be
obligatory on the
same. |
22. All bills and notes which may be issued
by order of the said
corporation, signed by the president, and countersigned by the
cashier thereof, promising the payment of money to any person or
persons, his, her or their order, or to bearer, though not under the
seal of the said corporation, shall be binding and obligatory on the
same, in the like manner, and with like force and effect, as upon
any private person or persons if issued by him or them in his, her
or their private or natural capacity or capacities, and shall be assignable
and negotiable in like manner as if they were so issued
by such private person or persons; that is to say, those which shall
be payable to any person or persons, his, her or their order, shall
be assignable by endorsement, in like manner, and with the like
effect, as foreign bills of exchange now are, and those which are
payable to bearer, shall be negotiable or assignable by delivery
only. |
Treasurer of W. S.
to be furnished
annually with
statements of the
accounts of bank. |
23. That the treasurer of the western shore
for the time being
shall be furnished, once in every year, or oftener if required, with
statements of the amount of the capital stock of the said corporation,
and of the debts due to and from the same, of the monies deposited
therein, of the notes in circulation, of the cash in hand, and
of the profits made, and shall have a right to inspect such general
accounts in the books of the bank as shall relate to the said statements,
but nothing herein contained shall be construed to imply a
right of inspecting the account of any private individual or individuals
with the bank, nor shall such general statement and power
of inspection be used for any other purpose than to enable him to
form a just opinion of the state of the institution, relative to the public
safety, and of the profits thereof, over which he is hereby appointed
guardian as far as the same relates to the state. |
Rules for the government
of
judges of elections. |
12. AND BE IT ENACTED, That the judges of
the elections hereafter
to be appointed shall be guided by the following rules and regulations: |
|
1. All the votes shall be counted, and to
each candidate's name
shall be marked, and the number of votes given to him. |
|
2. Ten practical mechanics, as before defined,
having the highest
number of votes, shall first be declared directors, then the three
highest in votes of those who have served an apprenticeship to a
mechanical business, and then the three highest of all the remaining
candidates. |
| Duration. |
13. AND BE IT ENACTED, That this act shall
continue and be in
force until the first day of October, in the year eighteen hundred
and fifteen, and until the end of the next session of the general assembly
thereafter.
Further continued and extended by 1815,
ch. 167, to 1st January, 1835, &c. |
|
_____
|
Passed Dec. 23. |
CHAP. LXVIII.
An Act to incorporate the Stockholders of the Commercial and Farmers
Bank of Baltimore. Lib. TH. No. 2, fol. 527. |
| Bank to be established. |
1. BE IT ENACTED, by the General Assembly
of Maryland, That
there shall be established within the city of Baltimore or the precincts |
|
 |
