THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.

18S5.

ly newspapers published in tile city of Baltimore, of such

CHAP. 314

times, places and purposes; and that upon the opening

of the said books, they shall be kept open from day to

day exclusive of Sunday, from ten o'clock A. M. until

two o'clock P. M. for at least five days, and if at the

expiration of that time, subscriptions shall not have

been obtained to the amount necessary to the incorpo-

ration of the said bank, the said commissioners or a

Reopened

majority of them, may cause the said books to be

opened at such times and places, and after such notice

as they may think proper; but, if the subscription,

If inscription not taken, void

made necessary to the incorporation of said bank, shall

not be obtained before the expiration of twelve months

from the first opening of the books, this act and all

subscriptions under it shall be void; and if any of the

Vacancy

said commissioners shall die, resign, or refuse to act,

the duties desolved on them being unfinished, another

shall be appointed in his stead by the remaining com-

missioners, or a majority of them.

SEC. 2. And be it enacted, That the capital stock

Capital stock

of said bank shall be five hundred thousand dollars, in

fifty thousand shares, of ten dollars each, and that as

soon as ten thousand shares of the said stock shall be

subscribed for, and one hundred thousand dollars ac-

tually paid on account of the same, the proprietors of

said shares, their successors and assigns shall be and

they are hereby created, made and declared to be a

corporation and body politic, by the name and style of

the Citizens Bank of Baltimore, and shall so contin-

ue until the end of the year eighteen hundred and fifty

six, and the expiration of the first session of the Gen-

eral Assembly which shall be held thereafter; and by

Powell

that name shall be and are made able and capable in

law, to sue and be sued, implead and be impleaded,

answer and be answered, defend and he defended, in

courts of record, or in any other place whatsoever;

and also to make and use a common seal, and the

same to break, alter and renew at their pleasure; and

to ordain, an:l put in execution any by-laws, and regu-

lations, as shall seem necessary and convenient for

the government of the said corporation, the same not

being contrary to law, or the provisions of this act;

60