THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.
bank, at all times upon the application of not less than
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CHAP. 289
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twenty stockholders, being holders of not less than
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two thousand shares, to give such stockholders a full
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list of the names of all the stockholders in said bank.
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ART. 13. Every cashier or treasurer, before he
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Bonds
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enters upon the duties of his office, shall be required to
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give bond with two or more securities to the satisfaction
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of the president and directors, in a sum not less than
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fifty thousand dollars, with a condition for his good
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behaviour.
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ART. 14. The lands, tenements and hereditaments,
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Limit as to lands
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which it shall be lawful for the said corporation to
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hold,.shall be only such as shall be requisite for its im-
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mediate accommodation, in relation to the convenient
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transacting of its business, and such as shall have been
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bona fide, mortgaged or conveyed to it, by way of secu-
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rity or in satisfaction of debts contracted in the course of
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its dealings, or purchased at sales upon judgments which
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shall have been obtained for such debts; and all such
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lands, tenements and hereditaments so taken in satis-
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faction of debts, or purchased at sales upon judgments,
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shall be resold and conveyed by the said president and
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directors within the term of five years from the taking
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or purchase thereof as aforesaid.
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ART. 15. That the corporation shall not deal or
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Kind of business
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trade in any thing except bills of exchange, promissory
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notes, and bullion, or in the sale of goods, which shall
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be the produce of their lands, or of such goods and ef-
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fects as shall have been bonafide, pledged or mortgaged
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to it by way of security, or conveyed to it in satisfac-
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tion of debts contracted in the course of its dealings, or
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purchased at sales upon judgments which shall have
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been obtained for such debts; Provided however, that
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Proviso
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nothing herein contained shall he construed to prevent
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the said corporation from making temporary invest-
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ments of its funds, in purchase of the public debt of
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the United States, or any one of the United States, or
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of the city of Baltimore, as the president and directors
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for the time being, may deem safe and beneficial; nor
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from making investments of any part of its funds, not
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exceeding three hundred thousand dollars, in the stock
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50
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