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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3576   View pdf image (33K)
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JAS. BLACK GROOME, ESQUIRE, GOVERNOR. ' 717

ine the books, papers and accounts of the corporation,

 

or may apply to the president and directors to call a

 

general meeting for any purpose relative to the cor-
poration; and if the president and directors shall

Refuse to call

refuse to call such meeting, the said number of

meeting.

stockholders, owners of not less than the aforesaid

 

amounts of stock, shall have the power to call a

 

general meeting of the stockholders, giving notice

 

as aforesaid, and specifying in such notice the object

 

of the meeting ; and it is hereby made the duty of

 

the president and directors, upon the application of

 

ten stockholders for that purpose, to give such

 

stockholders a full list of all the stockholders in said

 

bank.

 

ARTICLE 12. Before he enters upon the duties of ,

Give bond

his office, the cashier shall be required to give bond

 

with one or more securities to the satisfaction of the

 

president and directors, in a sum of not less than

 

twenty thousand dollars, with a condition for the

 

faithful discharge of his duties.

 

ARTICLE 13. The lands, tenements and heredita-

 

ments which it shall be lawful for said corporation

Lands, tene-
ments, &c

to hold, shall be such as shall be requisite for its

 

accommodation, in relation to the transaction of

 

business, and such as shall have been bona fide mort-

 

gaged, or conveyed to it by way of security, or in

 

satisfaction of debts contracted in course of its deal-

 

ings, or purchased at sales upon judgments which

 

have been obtained for such debts.

 

ARTICLE 14. That this corporation shall not deal

 

or trade in any thing except bills of exchange,

Shall not deal

in

promissory notes, bonds, mortgages and bullion, or

 

in the produce of their lands, or of such goods and

 

effects as shall have been bona fide pledged or mort-

 

gaged by way of security, or conveyed to it in satis-

 

faction of debts contracted in the course of its

 

dealings, or purchased at sales upon judgments

 

which shall have been obtained for such debts ; pro-

Proviso.

vided, that nothing herein contained shall be con-

 

strued to prevent the said corporation from making

 

investments of its funds in the purchase of bonds

 

and stocks of the United States, or of any one of the

 

United States, or of the City of Baltimore, or other

 

bonds and stocks as the president and directors may

 

for the time consider safe and beneficial.

 


 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3576   View pdf image (33K)
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