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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3578   View pdf image (33K)
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JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 719

shall, if required by a stockholder, make oath before

 

the judges of election, or other officer of the meet-

 

ing, that he or she, as the case may be, is the lawful

 

and bona fide owner of said stock, has purchased or

 

paid, or secured payment for the same, a full consid-

 

eration or received the same by inheritance, bequest,

 

marriage, distribution or gift, and without any un-

 

derstanding that the said stock is to be transferred

 

to the party from whom it was received, or in case

 

of voting by proxy, or by power of attorney, shall

 

make oath, if required by a stockholder, that he be-

 

lieves his principal for whom he offers to vote, bought

 

and paid for, or secured to be paid for the said stock,

 

a full consideration, or that the said principal, to the

 

best of his knowledge and belief, is the real bona fide

 

owner of said stock, having acquired the same, as

Proviso.

the case may be, by inheritance, bequest, marriage,

 

distribution or gift; provided, however, that this

 

provision shall only apply to such shares of the stock

 

of this corporation as shall appear to be transferred

 

upon the books of the corporation within six months

 

next preceding the meeting at which it is offered to

 

vote upon them.

 

ARTICLE 20. It shall not be lawful for the said

Not lawful.

banking institution, incorporated by this act, to

 

make discounts in or pay out any funds or money,

 

other than that authorized by the United States;

 

notes issued by the authority of this act, and notes of

 

banking corporations received at their par value by

 

the said bank.

 

SEC. 8. And be it enacted, That on the first Mon-

Fay or cause
to be paid

day in January annually, the said corporation shall

 

pay or cause to be paid to the Treasurer of the State

 

of Maryland, the sum of twenty cents in every hun-

 

dred dollars, of the amount of bank notes outstanding

 

of said corporation, to be applied by the said Treas-

 

urer to the augmentation of the " Free School Fund"

 

of the State, and in case of failure to make such

 

payment, for the space of twelve months after the

 

same shall become payable, this charter shall be

 

forfeited and be null and void.

 

SEC. 9. And be it enacted, That if at any time, unless
duly authorized by law, the said corporation shall

Neglect or re-
fuse to pay in

neglect or refuse to pay in gold, silver or lawful

gold



 

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Proceedings and Acts of the General Assembly, 1874
Volume 211, Page 3578   View pdf image (33K)
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