JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 433

dollars added to the capital, with a condition for the
faithful discharge of their duties.
SEC. 7. And be it enacted, That the President, each
Director, Cashier. Treasurer, before he enters upon ,	Oath or affirm- ation.
the duties of his office, shall take the following oath
or affirmation, as the case may be : " I, ———— do
swear or affirm that I will faithfully, impartially,
dilligently and honestly execute the duties of ————
agreeably to the provisions of law, and the trust
reposed in me to the best of my skill and judgment ; "
and the President and each Director shall further
make oath or affirmation, that he is the bona fide
owner in his own right of the shares of stock standing
in his name on the books of the bank, and that the
same is not hypothecated or in any way pledged as
security for any loan obtained or debt owing to this
bank, which oath shall be subscribed in a book kept
for the purpose.
SEC. 8. And be it enacted, That no director shall be
entitled to receive any emolument for his services	Compensation
unless the same shall have been allowed at a general
meeting of the stockholders, and the directors shall
make such compensation to the President for his ex-
traordinary attendance at the bank as shall appear
to them reasonable.
SEC. 9 And be it enacted, That all the subscriptions
to the capital stock of said bank shall be paid in the	Subsriptions.
following manner, that is to say: a first instalment
of one dollar per share on each share at the time of
subscribing for the same ; four dollars per share upon
five thousand shares being subscribed for, and the
balance shall be paidin such instalments and at such
times as the directors may designate, and ten days
notice shall be given of the payment of each instal-
ment; and if any subscriber shall fail or neglect to
pay any instalment or part of said subscription de-
manded for the space of five days next after the same
shall be due and payable, the stock on which it is de-
manded is forfeited to the bank and may be sold by
the President and directors, but they may remit any
such forfeiture on such terms as they shall deem
proper.
SEC. 10. And be it enacted, That the capital stock of	Capital stock
said bank shall be assignable on its books in such	assignable,
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