clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3574   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 715

lay before the stockholders of said corporation, at a

 

general meeting for their information, an exact and

 

particular state of the debts which shall remain un-

 

paid, after the expiration of the original credit and

 

surplus profit, after deducting losses and dividends.

 

ARTICLE 4. The Treasurer of this State shall be

 

furnished with statements of the amount of capital

Furnish
statements.

stock of this corporation, due to and from the same.

 

specifying those due to and from other banks, of the

 

money deposited therein, of the notes in circulation,

 

of the cash on hand, specifying the amount of coin,

 

of the notes of other banks, of the value of the real

 

estate held by the corporation, and of the amount of

 

value of other stock owned by the corporation, said

 

statement to be furnished twice in each year, and to

 

show the condition of said corporation in the said

 

particulars, on the first Monday in January and the

 

first Monday in July; and the said corporation shall

 

publish the said statement so made to the Treasurer,

 

in at least one paper published in the City of Balti-

 

more.

 

ARTICLE 5. The issue of notes, usually denomi-
nated bank notes, which it shall be lawful for the

Issue notes.

corporation to issue, shall not at any time exceed the

 

amount of capital stock paid in; and no note shall be

 

issued for less amount than one dollar, nor of an

 

amount intermediate between five and ten dollars,

 

and the General Assembly may at any time restrict

 

the issue of such notes, both in amount which may

 

be issued and the denomination of notes.

 

ARTICLE 6. The president, each director, and cash-

Oath or affir-
mation.

ier, before he enters upon the duties of his office,

 

shall take the following oath or affirmation : "I, ——

 

do swear or affirm that I will faithfully, impartially,

 

diligently and honestly execute the duties of ————

 

agreeably to the provisions of law, and the trust re-

 

posed in me, to the best of my skill and judgment."

 

ARTICLE 7. The total amount of debts, which the

Amount of

said corporation shall at any time owe, exclusive of

debt limited

its issue or notes, usually denominated bank notes,

 

whether by bond, bill or other contracts, shall not

 

exceed the amount of the capital actually paid in said

 

bank, provided the money deposited in the said bank

 


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3574   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives