JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 609
CHAPTER 416.
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AN ACT to incorporate the Citizens' Bank of An-
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napolis.
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SECTION 1. Be it enacted by the General Assembly of
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Maryland, That William H. Tuck, James Andrews,
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William H. Gorman, Michael Bannon, Levin Wool-
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Commissioners
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ford, be and they are hereby appointed Commis-
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appointed.
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sioners, under the direction of a majority of whom
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subscription may be received to the capital stock or
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the Citizens' Bank of Annapolis, hereby incorpo-
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rated, and they or a majority of them shall cause
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books to be opened at such times in the City of
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Annapolis, and upon such notice as they or a majority
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of them shall direct, for the purpose of receiving
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subscriptions to the capital stock of said bank.
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SEC. 2. And be it enacted, That the capital stock of
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said bank shall be fifty thousand dollars, divided
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into five thousand shares of ten dollars each ; and
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Capital stock
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that as soon as two thousand shares of said stock
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shall be subscribed for, and ten thousand dollars
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therein actually paid in, the owners of said stock.
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their successors and assigns, be and they are hereby
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created, made and declared a corporation by the
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name and style of the Citizens Bank of Annapolis.
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and by that name may make contracts, sue and be
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Incorporated.
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sued, complain and defend in any court of law or
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equity, or in any place whatsoever, and to make and
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use a common seal, and the same to break, alter
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and renew at pleasure; and to make and enforce
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any by-laws and regulations, not being contrary to
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Make by-laws
and regulations
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law or the provisions of this act, for the election of
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directors, the management of its property, the reg-
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ulation of its affairs, and for the transfer of its stock
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by discounting notes, bills and other evidence of
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39
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