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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3040   View pdf image (33K)
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JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 181

C. The Treasurer of the State shall be furnished

Furnish state-

with statements of the amount of the capital stock

ment of capital

of the corporation and of the debts to and from

 

the same, specifying those due to and from other

 

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 or 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 in 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, said

 

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 Board of Directors should at

 

any time deem it inadvisable.

 

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

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 other person

 

having authority, under the laws of the State, to ad-

 

minister oaths, and to be made in writing, signed by

 

the affiant and filed among the archives of the bank.

 


 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3040   View pdf image (33K)
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