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LEVIN WINDER, ESQUIRE, GOVERNOR.
for such debts; and the total amount of the debts which the
said corporation shall at any time owe, whether by bond, bill, note
or contract, shall not exceed double the amount of the capital stock
actually paid into the bank; Provided, that the money deposited
in
the said bank for safe keeping, shall not be considered as the debts
of the bank within the provision of this clause, unless the contracting
of any greater debt shall have been previously authorised
by a law of this state. |
DEC. 1813.
CHAP. 33.
Proviso. |
19. 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 seal
of the said corporation, shall be binding and obligatory upon the
same, in like manner, and with the like force and effect, as upon
any private person or persons, if issued by him or them in his or
their private 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 like effect, as foreign
bills of exchange now are, and those which are payable to bearer
shall be negotiable or assignable by delivery only; Provided, it
shall not be lawful for said bank to issue notes of a less denomination
than five dollars. |
Bills issued to be
obligatory on corporation. |
20. The treasurer of the western shore for
the time being, shall
be furnished once 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 amount of 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 with
the bank, nor shall such general statement and power of inspection
be used for any other purpose but 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 |
Treasurer W. S. to
be furnished with
statements of accounts. |
14. AND BE IT ENACTED, That this act shall
continue in force
until the expiration of the year eighteen hundred and fifteen, and
until the end of the next session thereafter.
Further continued and extended, by
1815, ch. 167, to 1st January 1835, &c. |
Duration. |
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CHAP. XXXIV.
An Act for altering the time of the Meeting of the Commissioners
of
the Tax in Frederick County.
Lib. TH. No. 4, fol. 40. |
Passed Jan. 5, 1814. |
BE IT ENACTED, by the General Assembly of Maryland,
That the
meeting of the commissioners of the tax in Frederick county, shall
be hereafter held on the first Monday in February in each year,
instead of the first Monday of April as fixed by the forty-third
section of the act, entitled, An act for the valuation of real and
personal property in this state, passed at November session eighteen
hundred and twelve*. |
Time of meeting
changed.
* Ch. 191. |
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