THOMAS W. VEAZEY, ESQUIRE, GOVERNOR,
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1835.
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ART. 3. No director of any other bank, in Baltimore
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CHAP. 315.
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shall be at the same time a director of this bank, and once
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No director of ano-
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in each year the directors shall lay before the stockhol-
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ther bank eligi-
ble
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ders at a general meeting, for their information, an
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exact and particular statement of the debts, which shall
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Statement
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have remained unpaid after the expiration of the ori-
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ginal credit, and the surplus profit, if any, after deduct-
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ing losses and dividends.
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ART. 4. The Treasurer of the Western Shore for.
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Statement to Trea-
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the time being, shall be furnished once every year,
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surer W. Shore
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or oftener if required, with statements of the amount
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of the capital stock of the said corporation, and of the
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debts due to and from the same, of the monies deposited
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therein, of the notes in circulation, of the cash and pro-
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perty on hand, and of the profits made; and shall have
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a right to inspect such general accounts in the books
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of the bank, as shall relate to said statement, but
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No inspection of
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nothing herein contained shall be construed to imply
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private accounts
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a right of inspecting the account of any private in-
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dividual or individuals with the bank, nor shall such
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general statement and power of inspection be used
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for any other purpose, than to enable him to form, and
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when required, to communicate to the Legislature a
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just opinion of the state of the institution, with the
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grounds of said opinion.
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ART. 5. The issues or notes, usually denominated
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Limit of issues
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bank notes, which it shall be lawful for said cor-
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poration to issue, shall not at any time exceed the
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amount of its capital stock actually paid in by the sub-
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scribers, nor shall any of said issues or notes be for a
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less sum than five dollars.
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ART. 6. The president, each director, cashier or
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Oath
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treasurer, before he enters upon the duties of his office,
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shall take the following oath or affirmation, as the case
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maybe: I, do swear or affirm, that I will
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faithfully, impartially, diligently and honestly, exe-
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cute the duties of agreeably to the provisions
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of law, and the trust reposed in me, to the best of my
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skill and judgment.
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ART. 7. The total amount of the debts which the ,
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Debts
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said corporation shall at any time owe, exclusive of its
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issues or notes, usually denominated bank notes, whe-
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