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CHAP. 315
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kept open from day to day, for ten days exclusive of
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Sundays, from ten o'clock, A.M., to two o'clock, P. M.
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Re-open
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and if at the expiration of that period, subscriptions
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to the said capital stock shall not have been obtained
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to the amount necessary to the incorporation of said
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bank, the said commissioners or a majority of them,
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may cause the said hooks to be opened from time to time
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after the expiration often days, upon again, giving the
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notice herein before required, for the space of twelve
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months thereafter, unless the said amount be sooner
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Limit of time of
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subscribed; and if the subscription made necessary to
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subscription to 12 months
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the incorporation of the said bank, shall not be obtain-
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ed before the expiration of said twelve months, this act
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•
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and all subscriptions under it, shall be null and void;
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Vacancy
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and if any of the said commissioners shall die, resign,
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or refuse to act, the duties devolved on them being un-
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finished, another shall be appointed in bis stead by the
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remaining commissioners, or a majority of them.
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Capital stock
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SEC. 2. And be it enacted, That the .capital stock of
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the said bank, shall be two millions of dollars, divid-
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ed into shares of twenty five dollars each, but may be
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augmented at any time within five years after the pas-
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sage of this act, by subscription in behalf of this State,
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to an amount not exceeding five thousand [dollars,] or
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after the expiration of said term, to an amount not ex-
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ceeding two thousand shares, and in quantities not ex-
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Incorporated
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ceeding four hundred shares, in any year; and that as
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soon as twenty thousand shares of said stock shall be
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subscribed, the proprietors of said shares, their suc-
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cessors and assigns, shall be and they are hereby cre-
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ated, made and declared to be a corporation and body
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politic, by the name and style of the Farmers' and
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Planters' Bank of Baltimore, and shall so continue
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until the end of the year eighteen hundred and fifty-
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six, and the expiration of the first session of the Gene-
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Powers
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ral Assembly, which shall be held thereafter; and by
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that name shall be and are hereby made able and capable
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in law, to sue and be sued, plead and be impleaded, an-
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swer and be answered, defend and be defended, in
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courts of record, or any place whatsoever, also, to
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to make, have and use a common seal, and the same to
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break, alter and renew at their pleasure; and to ordain,
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