1835.

LAWS OF MARYLAND

shall not have been holden, four calendar months pre-

CHAP. 314

vious to the day of election; and stockholders actual-

ly resident within the United States, and none other,

may vote at elections or in general meetings by proxy.

Eligibility

ART. 2. None but a stockholder, being a citizen of

this State, shall be eligible as a director or president;

and every president or director, as the case may be,

shall cease to be a director or president upon his ceas-

ing to be a citizen of this State or stockholder.

No director of ano-

ART. 3. No director of any other bank shall be at

ther bank eligible

the same time a director of this bank, and once in each

year the directors shall lay before the stockholders at

a general meeting, for their information, an exact and

Statement

particular statement of the debts which shall have re-

mained unpaid after the expiration of the original

credit, and the surplus profit, if any, after deducting

losses and dividends.

Statement to Trea-

ART. 4. The Treasurer of the Western Shore for

surer W. Shore

the time being, shall be furnished once every year or

oftener if required, with statements of the amount of the

capital stock of the said corporation, and of the debts

due to and from the same, of the monies deposited

therein, of the notes in circulation, of the cash and

property on hand, and of the profits made; and shall

have a right to inspect such general accounts in the

books of the bank as shall relate to said statement, hut

No inspection of

nothing herein contained shall be construed to imply a

private accounts .

right of inspecting the account of any private individu-

al or individuals with the bank, nor shall such gener-

al statement and power of inspection, be used for any

other purpose than to enable him to form, and express

a just opinion of the state of the institution,

Limit of issues

ART. 5. The issues or notes commonly called bank

notes, which it shall be lawful for the said corporation

to issue shall not at any time exceed the amount of the

capital stock actually paid in by the subscribers, nor

shall any of the said issues or notes be for a less sum

than five dollars.

Oath

ART. 6. The president and each director, cashier or

treasurer, before he enters upon the duty of his office,

shall take the following oath or affirmation, as the

ase may be: I, , do that I will