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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3468   View pdf image (33K)
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JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 609

SEC. 2. And be it enacted, That this act shall take

In force

effect from and after the date of its passage.

 

Approved April 11th, 1874.

 

CHAPTER 416.

 

AN ACT to incorporate the Citizens' Bank of An-

 

napolis.

 

SECTION 1. Be it enacted by the General Assembly of

 

Maryland, That William H. Tuck, James Andrews,

 

William H. Gorman, Michael Bannon, Levin Wool-

Commissioners

ford, be and they are hereby appointed Commis-

appointed.

sioners, under the direction of a majority of whom

 

subscription may be received to the capital stock or

 

the Citizens' Bank of Annapolis, hereby incorpo-

 

rated, and they or a majority of them shall cause

 

books to be opened at such times in the City of

 

Annapolis, and upon such notice as they or a majority

 

of them shall direct, for the purpose of receiving

 

subscriptions to the capital stock of said bank.

 

SEC. 2. And be it enacted, That the capital stock of

 

said bank shall be fifty thousand dollars, divided

 

into five thousand shares of ten dollars each ; and

Capital stock

that as soon as two thousand shares of said stock

 

shall be subscribed for, and ten thousand dollars

 

therein actually paid in, the owners of said stock.

 

their successors and assigns, be and they are hereby

 

created, made and declared a corporation by the

 

name and style of the Citizens Bank of Annapolis.

 

and by that name may make contracts, sue and be

Incorporated.

sued, complain and defend in any court of law or

 

equity, or in any place whatsoever, and to make and

 

use a common seal, and the same to break, alter

 

and renew at pleasure; and to make and enforce

 

any by-laws and regulations, not being contrary to

Make by-laws
and regulations

law or the provisions of this act, for the election of

 

directors, the management of its property, the reg-

 

ulation of its affairs, and for the transfer of its stock

 

by discounting notes, bills and other evidence of

 

39

 


 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3468   View pdf image (33K)
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