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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3012   View pdf image (33K)
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JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 15S

banks, of the moneys deposited therein, of the notes

 

in circulation, of the cash on hand, amount of coin

 

and of notes of other banks, of the value of the real

 

estate held by the corporation, and of the amount

 

and value of public and other stocks owned by the

 

corporation ; said statements to be furnished once in

 

each year and to show the condition of the corpora-

 

tion in the said particulars as they may appear at the

 

close of the business transactions of the day in settle-

 

ment thereof, on the first Monday of January ; and

 

the said corporation shall publish said statement, so

 

made to the Treasurer, in at least one of the daily

 

newspapers published in the city of Baltimore, such

 

statement in all cases to be verified by the oath or

 

affirmation of the President or Cashier of the cor-

 

poration.

 

D. The issues or notes, usually denominated bank

Issue notes.

notes, which it shall be lawful for this corporation

 

to issue, shall not at any time exceed the amount of

 

its capital stock actually paid in, and no notes shall

 

be issued of a less amount or denomination than five

 

dollars, nor of any amount intermediate between

 

five and ten dollars ; and the General Assembly may

 

at any time restrict the issue of such notes both in

 

the amount which may be issued and in the denom-

 

ination of notes, but this section shall not be con-

 

strued as compulsory on the corporation to issue

 

such bank notes if the directory should at any time

 

deem it advisable.

 

E. The President, each Director, and Cashier, bo-

Take oath.

fore entering upon the duties of his office, shall take

 

the following oath or affirmation, as the case may

 

be : "I do solemnly swear or affirm that I will faith-

 

fully, impartially, diligently and honestly, execute

 

the duties of ———— agreeably to the provisions of the

 

law and the trust reposed in me, to the best of my

 

skill and judgment; " said oath or affirmation to be

 

taken before any magistrate, or any person having
authority, under the laws of the State, to administer

 

oaths, and to be made in writing, signed by the affiant

 

and filed among the archives of the banking com-

 

pany.

 

F. The total amount of the debts which the said

Debts limited.

corporation shall at any time owe, exclusive of its

 


 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3012   View pdf image (33K)
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