JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 529

due notice, and transfer the stock so sold to the pur-
chaser, as the said Directors may determine.
SEC. 5. And be it enacted, That the Board of Direc-	Declare divi-
tors shall have power to declare dividends upon the	dends.
capital stock of said bank at any time after the accu-
mulation of profits of said corporation shall exceed
five per cent, on the amount of capital actually paid
in ; provided said dividends do not reduce the sur-
plus of profits of the bank below five per cent, on the	Proviso.
amount of capital actually paid in ; that at any time,
after the payment of the original capital of twenty-
five thousand dollars, as hereinbefore set forth, the
Board of Directors may increase the capital stock of
said bank to the amount of one hundred thousand
dollars, or any part thereof, jn shares of fifty dollars
each, and such additional stock shall be subject to
all the liabilities, immunities and privileges of the
original stock; stockholders shall have the option
of subscribing to such additional stock within such
lime as the Board of Directors may limit.
SEC. 6. And be it enacted, That whenever any de-
posit shall be made by a minor, the Board of Direc-	Deposits.
tors may at their discretion, pay to such depositor
such sum or sums as may be due him or her, and
the check, receipt or acquittance of such minor shall
be valid ; and that the deposits of married women
shall be received, held and paid out on the same
terms and conditions as those of other adult persons.
SEC. 7. And be it enacted, That, the stockholders of
said bank shall be liable to the amount of their re-	Liability.
spective share or shares of stock in said bank, for all
its debts and liabilities, upon notes, bills, or otherwise;
the books, papers and accounts of said bank shall be
open for inspection, under such regulations as may
be prescribed by law.
SEC. 8. And be it enacted, That this act shall take	In force.
effect from the date of its passage ; and the General
Assembly reserves the right to alter or amend this
act at pleasure.
Approved 11th April, 1874.