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Session Laws, 1835
Volume 214, Page 467   View pdf image (33K)
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1835.

LAWS OF MARYLAND.

CHAP. 313.

be present at the making or declaring of such divi-

 

dend, shall be deemed to have consented thereto, un-

 

less he shall immediately enter his dissent in writing,

 

on the minutes of the proceedings of the board, and

 

give public notice to the stockholders that such divi-

 

dend has been declared.

Emoluments to di-

ART. 11. No director shall be entitled to receive

rectors

any emolument for his services, unless the same shall

 

have been allowed at a general meeting of the stock-

 

holders, and the directors shall make such compensa-

 

tion to the president, for his extraordinary attendance

 

at the bank, as shall appear to them reasonable.

Meeting of stock-

ART. 12. The president and directors of paid bank

holders

may at any time call a general meeting; of its stock-

 

holders, for any purpose relative to the institution, giv-

 

ing at least four weeks notice in two or more daily

 

newspapers in the city of Baltimore; and any number

 

of stockholders not less than fifty, who together shall

 

be proprietors of five hundred shares, may at any

 

time apply to the said president and directors to

 

call a general meeting of the stockholders, for any

 

purpose relative to the institution, and if the pre-

 

sident and directors shall refuse to call such meeting.

 

the said number of stockholders, proprietors of not less

 

than the aforesaid number of shares, shall have power

 

ta call a general meeting of the stockholders, giving

 

at least sixty days notice in two or more daily

 

newspapers, in the city of Baltimore, and specifying in

 

such notice the objects of such meeting; and it is hereby

 

made the duty of the president and directors of said

 

bank, upon the application of not less than twenty

 

stockholders, being owners of five hundred shares,

 

to give such stockholders a full list of the names

 

of all the stockholders in said bank.

Bond.

ART. 13. Every cashier or treasurer, before he

 

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

 

give bond with two or more sureties to the satisfaction

 

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

 

twenty-five thousand dollars, with a condition for his

 

good behaviour.

Limit at to lands

ART. 14. The land, tenements and hereditaments,

 

which it shall be lawful for the said corporation to



 
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Session Laws, 1835
Volume 214, Page 467   View pdf image (33K)
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