THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1835.

sifter the expiration of the original credit, and the sur-

plus profit, if any, after deducting losses and divi-

CHAP. 251.

dends.

ARTICLE 3. The Treasurer of the Western Shore,

Annual report to the Treasurer W.

for the time being, shall he furnished once every year,

Shore

or oftener if required, with statements of the amount

of the capital stock of the said corporation, and of the

debts due to and from the same, of the monies deposi-

ted therein, of the notes in circulation, of the cash and

property on hand, and of the profits made; and shall

Right of inspection

have a right to inspect such general accounts, in the

books of the hank, as shall relate to said statement,

but nothing herein contained shall be construed to im-

ply a right of inspecting the account of any private

individual or individuals, with the bank, nor shall such

general statement and power of inspection he used for

any other purpose than to enable him to form, and

when required, to communicate to the Legislature a

just opinion of the state of the institution, with the

grounds of said opinion.

ARTICLE 4. The issues or notes, usually denomi-

Issue of notes re-

nated bank notes, which it shall be lawful for the said

stricted

corporation to issue, shall not at any time exceed the

amount of its capital stock, actually paid in by the

subscribers, nor shall any of said issues or notes he for

a less sum than five dollars.

ARTICLE 5. The President, each Director, Cashier

Oath of office

or Treasurer, before he enters upon the duties of his

office, shall take the following oath or affirmation, as

the case may he, I do swear or affirm that

I will faithfully, impartially, diligently and honestly

execute the duties of agreeably to the pro-

visions of law, and the trust reposed in me, to the best

of my skill and judgment.

ARTICLE 6. The total amount of the debts which

Amount of liabili-

the said corporation shall at any time owe, exclusive

ties restricted

of its issues or notes, usually denominated bank notes,

whether by bond, bill, note or other contract, shall

not exceed the amount of the capital actually paid in-

to the said bank; unless the contracting of a greater

debt shall have been previously authorised by a law of

this State; Provided, that the money deposited in the