JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 615
at sales upon judgments; provided, however, that
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Proviso.
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nothing herein contained shall be construed to pre-
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sent the said corporation from making temporary
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investments of its funds in purchase of the public
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debt of the United States, or any one of the United
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States, or of the City of Annapolis.
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SEC. 16. And be it enacted, That the stockholders
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and directors of this bank shall be liable to the
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Liability.
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amount of their respective share or shares of stock
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therein.
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SEC. 17. And be it enacted, That every stockholder
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shall be entitled to one vote for every share which
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he, she, it or they may hold, to the number of not
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Entitled to vote
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exceeding ten shares, and to one vote for every
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additional two shares to the number of not exceed-
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ing one hundred shares in all, and to one vote for
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every additional five shares thereafter ; but no share
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of stock shall entitle any holder to a vote which shall
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not have been holden four calendar months previous-
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ly to the day of election ; and stockholders actually
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resident in the United States, and none others, may
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vote at elections by proxy.
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SEC. 18. And be it enacted, That it shall be lawful
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for the said Citizens Bank of Annapolis to increase
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its capital stock in shares of ten dollars each, to an
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amount not exceeding two hundred thousand dollars ;
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Increase
capital stock.
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and such increase of capital may be made at any
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time or times, and at different times, and in such
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amounts, not less than fifty thousand dollars at any
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one time, as the president and directors may direct,
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but no such increase shall be valid until the increased
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capital stock shall be paid in, whereupon the presi-
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dent and cashier shall give notice of said payment,
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And the amount thereof, in two daily newspapers
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Give notice.
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published in the City of Annapolis, with their sev-
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eral oaths appended, that the amount of said in-
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creased capital has been truly and bona fide paid in;
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and after ten days from the time of such publication
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shall issue certificates of stock to the parties entitled
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thereto; and such stock so issued shall be valid to
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all intent and purposes as the first issue of stock
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Issue certificates
of stock.
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under this act.
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