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Session Laws, 1835
Volume 214, Page 471   View pdf image (33K)
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1835.

LAWS OF MARYLAND.

CHAP. 314.

in process of being wound up for equitable distribution

 

of its assets amongst all its creditors.

Assets, how dispos-

SEC. 14. And be it enacted, That if the said bank

ed of

shall at any time suspend its payments, the assets

 

which said bank may hold, or be in any wise entitled

 

to, at the time of such suspension of payment, shall

 

be rateably distributed to and amongst all the persons

 

who shall be its creditors at such time, and to their

 

assigns respectively.

Act as commissioners of loans

SEC. 15. And be it enacted, That whenever requir-

 

ed by law, the said hank shall do and perform the se-

 

veral respective and appropriate duties of commission-

 

ers of loans for this State, without charging or claim-

 

ing any allowance whatsoever for the same.

Power reserved as to restriction of

SEC. 16. And be it enacted, That at any time here-

notes

after, the notes or issues of this corpoartion, common-

 

ly called and known as bank notes, may be restricted

 

by the Legislature, to a denomination not less than

 

that of the notes or issues of any other incorporated

 

bank within this State, the lowest denomination of

 

whose notes or issues, shall be above five dollars.

 

CHAPTER 314.

Passed April 2,1836

An act to Incorporate the Citizens' Sank of Baltimore.

Commissioners

SECTION 1. Be it enacted by the General Assembly of

 

Maryland, That Joshua Dryden, David U. Brown,

 

William Reynolds, Samuel Kirk, Wcsley Cowlcs,

 

George R. Mosher, Alien Griffith, James Harvey,

 

Thomas Sappington, John G. Proud, Charles Chase,

 

Mark Grafton and Isaac Munroe, be and they are

 

hereby appointed commissioners, under the direction

 

of a majority of whom subscriptions may be received

 

to the capital stock of the Citizens Bank of Baltimore,

Open books

hereby incorporated, and they or a majority of them

 

shall cause books to be opened at such times in the city

 

of Baltimore, and such other places as they or a ma-

 

jority of them shall direct for the purpose of receiving

 

subscriptions to the capital stock of said bank after

 

giving at least four weeks public notice in all the dai-



 
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Session Laws, 1835
Volume 214, Page 471   View pdf image (33K)
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