clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3016   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 157

lars, or to any other State of this Union, or to any

 

foreign power or State, to any amount whatever,

 

without the previous consent of the Legislature ; and

 

the capital stock and funds of the corporation shall

 

be deemed and taken to be personal and not real

 

estate.

 

P. That at all meetings of stockholders of this cor-

Not allowed to

poration for elections and other purposes, no person

vote

shall be allowed to vote on any share or shares of

 

the stock at such meetings, either in person or by

 

proxy, unless the said person shall, if required by a

 

stockholder, make oath before the judges of elections

 

or other officer of the meeting, that he or she, as

 

the case may be, is the lawful and bona-fide owner of

 

said stock, having purchased and paid or secured

 

payment for the same a full consideration, or re-

 

ceived the same by inheritance, bequest, marriage,

 

distribution or gift, and without any understanding

 

that the said stock is to be transferred to the party

 

from whom it was received, or in case of voting by

 

proxy or power of attorney, shall make oath or

 

affirmation if required by a stockholder, that he be-

 

lieves his principal, for whom he offers to vote,

 

bought and paid or secured the payment for the said

 

stock a full consideration, or that the said principal,

 

to the best of his knowledge and belief, is the real

 

bona-fide owner of said stock, having acquired the

 

same, as the case may be, by inheritance, bequest,

 

marriage, distribution or gift; provided, however,

 

that this provision shall only apply to such shares of

 

stock as shall appear to have been transferred upon

 

the books of the corporation within one year next

 

preceding the meeting at which it is ottered to vote

 

upon them.

 
   

Q. It shall not be lawful for this corporation to

Not lawal.

make discounts in, or pay out any funds or money

 

other than the legal currency of the United States;

 

notes issued by authority of this charter, and notes

 

of other banking institutions received at their par

 

value by the banks so paying them out.

 

R. That in addition to the general assessments for

To pay tax on
capital

the purpose of State and municipal taxation there

 

shall be annually levied and collected on the shares

 

of the capital stock of the banking company the sum

 


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3016   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives