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
Session Laws, 1835
Volume 214, Page 392   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

1835.

bank, at all times upon the application of not less than

CHAP. 289

twenty stockholders, being holders of not less than

 

two thousand shares, to give such stockholders a full

 

list of the names of all the stockholders in said bank.

 

ART. 13. Every cashier or treasurer, before he

Bonds

enters upon the duties of his office, shall be required to

 

give bond with two or more securities to the satisfaction

 

of the president and directors, in a sum not less than

 

fifty thousand dollars, with a condition for his good

 

behaviour.

 

ART. 14. The lands, tenements and hereditaments,

Limit as to lands

which it shall be lawful for the said corporation to

 

hold,.shall be only such as shall be requisite for its im-

 

mediate accommodation, in relation to the convenient

 

transacting of its business, and such as shall have been

 

bona fide, mortgaged or conveyed to it, by way of secu-

 

rity or in satisfaction of debts contracted in the course of

 

its dealings, or purchased at sales upon judgments which

 

shall have been obtained for such debts; and all such

 

lands, tenements and hereditaments so taken in satis-

 

faction of debts, or purchased at sales upon judgments,

 

shall be resold and conveyed by the said president and

 

directors within the term of five years from the taking

 

or purchase thereof as aforesaid.

 

ART. 15. That the corporation shall not deal or

Kind of business

trade in any thing except bills of exchange, promissory

 

notes, and bullion, or in the sale of goods, which shall

 

be the produce of their lands, or of such goods and ef-

 

fects as shall have been bonafide, pledged or mortgaged

 

to it by way of security, or conveyed to it in satisfac-

 

tion of debts contracted in the course of its dealings, or

 

purchased at sales upon judgments which shall have

 

been obtained for such debts; Provided however, that

Proviso

nothing herein contained shall he construed to prevent

 

the said corporation from making temporary invest-

 

ments of its funds, in purchase of the public debt of

 

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

 

of the city of Baltimore, as the president and directors

 

for the time being, may deem safe and beneficial; nor

 

from making investments of any part of its funds, not

 

exceeding three hundred thousand dollars, in the stock

 

50

 


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1835
Volume 214, Page 392   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