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LEVIN WINDER, ESQUIRE, GOVERNOR.
19. AND BE IT ENACTED, That the books, papers,
correspondence,
funds, and every transaction of the company, shall at all
times be freely open to the inspection of the directors, a majority
of whom, or any number of stockholders not less than thirty, and
holding not less than three hundred shares, may at any time call a
general meeting of the stockholders for objects relative to the interest
of the company, and giving not less than two month's notice
thereof in some one of the public prints in the city of Baltimore. |
1814.
CHAP. 69.
Books, &c. to be
open for inspection
of directors—
general meetings. |
20. AND BE IT ENACTED, That before the president
and directors
shall act as such, they shall take an oath or affirmation, that
they will faithfully, diligently and honestly, perform the duties of
their station; and the cashier, book-keeper and clerks, shall also
take a similar oath or affirmation, and shall besides give bonds,
with security to the satisfaction of the board of directors, for the
faithful discharge of their duties in their several stations. |
President, directors,
&c. to take an
oath. |
21. AND BE IT ENACTED, That all notes offered
for discount by
any person or persons, shall on the face thereof be made negotiable
at the Havre-de-Grace Bank, and when the drawer shall not reside
in the town of Havre-de-Grace, such note shall be made payable
at the house of some person in the town aforesaid, and notice given
by the proper servant of the bank, at said house, that such note
hath become due, shall be, to all intents and purposes, held and
considered to be as completely binding on the drawer and endorsers
as if notice had been personally served on each of them. |
Notes to be made
negotiable at bank. |
22. AND BE IT ENACTED, That any director,
officer, or other
person, holding any share or capital of the said bank stock, who
shall commit any fraud or embezzlement touching the money or
property of the bank, shall be liable to be prosecuted in the name
of the state, by indictment for the same, in any court of law in
this state having jurisdiction thereof; and upon conviction thereof
shall, besides the remedy that may be had by action in the name of
the president and directors of the Havre-de-Grace Bank, for the
fraud aforesaid, forfeit all his or her share of stock in the said bank
to the company. |
Frauds or embezzlements. |
23. AND BE IT ENACTED, That all persons who
shall become
subscribers to the said bank, their successors and assigns, shall be
and are hereby made a corporation and body politic, by the name
and style of The President and Directors of the Havre-de-Grace
Bank, and by that name shall be and are hereby made able and
capable in law to sue and be sued, plead and be impleaded, answer
and be answered, defend and be defended, in any court of record,
or any other place whatsoever, and also to make, have and use, a
common seal, and the same to break, alter and renew, at pleasure,
and to make, issue and negotiate notes, and generally to do and
execute all such acts, matters and things, as to them shall appertain
under the clauses of this act; Provided always, that no note shall
be issued or put in circulation by said bank, after the next session
of the general assembly, for a less sum than five dollars. |
Subscribers incorporated
—powers
and privileges.
Proviso. |
24. AND BE IT ENACTED, 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 |
Treasurer W. S.
to be furnished annually
with a
statement of capital
stock, &c. |
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