JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 115
corporation to issue such bank notes, if the Directors
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should at any time deem it inadvisable.
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SEC. 14. And be it enacted, That the President, each
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Director and Cashier, before entering upon the duties
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of his office, shall take the following oath or affir-
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mation, as the case may be : "I, do solemnly swear,
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(or affirm), that I will faithfully, impartially, dili-
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Oath.
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gently and honestly, execute the duties of ——— ,
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agreeably to the provisions of the law, and the trust
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reposed in me to the best of my skill and judgment."
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said oath or affirmation to be taken before any justice
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of the peace, or other person having authority under
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the laws of this State to administer oaths ; and to be
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made in writing, signed by the affiant, and filed
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among the archives of the bank.
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SEC, 15. And be it enacted, That the total amount
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of the debts which the said corporation, shall at any
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time owe, exclusive of its issues or notes, whether
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by bill, bond, note, or contract, shall not exceed the
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amount of the capital stock actually paid in; (pro-
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Amount of debt
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vided, that money deposited in the bank for safe
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keeping shall not be considered as debts of the bank
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within the provisions of this section), unless the con-
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tracting of a greater debt shall have been previously
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authorized by a law of this State, and in cases of ex-
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cess, the Directors under whose administration it
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shall happen, shall be liable for the same in their
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natural and private capacities, and action may in such
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cases be brought against them, or any of them, or
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their heirs, executors, or administrators, in any court
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Liability.
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of record in this State, by any creditor or creditors
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of said corporation, and may be prosecuted to judg-
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ment and execution; any condition, covenant, or
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agreement to the contrary notwithstanding; but
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nothing herein contained shall be construed to ex-
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empt the said corporation, or the lands, tenements,
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goods and chatties of the same, from being also lia-
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ble for and chargeable with the said excess, and such
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of the Directors as may have been absent when the
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said excess was created, or who may have dissented
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from the resolution or act, whereby the same was
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created, may respectively exonerate themselves from
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being so liable by forthwith giving notice of the fact,
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and of their absence, or dissent, to the Governor of
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