THOMAS W. VEAZEY, ESQUIRE, GOVERNOR.
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1835,
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times, places and purpose; that upon the first opening
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CHAP. 317.
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of the said books, they shall he kept open for twelve
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To be kept open
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day exclusive of Sunday, from ton o'clock A. M. to
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13 day:
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two o'clock P. M. and if at the expiration of that
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time, subscriptions shall not have been obtained to the
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amount necessary as hereinafter provided, to the incor-
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poration of the said hank, the said commissioners or a
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Re-open
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majority of them, may cause the said books to he
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opened from time to time after the expiration of said
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twelve days upon again giving the notice hereinbefore
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required, for the [place] of twelve months thereafter,
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unless the said amount be sooner subscribed, and if
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If subscription not
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the subscription, made necessary to the incorporation of
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obtained, null
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tho said hank, shall not he obtained before the expira-
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tion of the said twelve months, this act, and all sub-
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scriptions under it shall be null and void; and if any
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Vacancy
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of the said commissioners shall die, resign, or [refuse]
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to act, the duties devolved on them being unfinished,
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another shall be appointed in his stead by the said
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commissioners, or a majority of them.
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Sec. 3. And be it enacted, That the stock of the
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Mode of paying
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said bank shall be taken in the following manner; upon
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subscription
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every subscription there shall be paid to the said com-
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missioners at the time of subscribing the sum of five
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$5 per share
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dollars per share, and the person offering the subscrip-
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tion, shall also prepare and deposit with the commis-
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sioners, a plat, accompanied by a description of the
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Plat of pmperty
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real property situate within the limits of the city of
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Baltimore, which he designs to offer as part of his
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subscription to the capital stock of said bank, stating
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Statement, &c.
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as accurately and minutely as practicable, the size and
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extent of the lots, squares or parcels or ground, the
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nature and extent of the improvements, and their con-
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dition, whether it is in fee simple, or if upon ground
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rent to state the amount thereof, and where the proper-
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ty is leased, to state the amount of the annual rent,
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and what is the total amount of city and county taxes,
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charged upon the same; and he shall also set forth the
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extent, nature and character of all liens, judgments,
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mortgages or incumbrances thereon, and the fair and just
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price thereof for cash or upon a credit of six and twelve
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months, with interest, [and shall] verify such statc-
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