THOMAS W. VEAZEY, ESQUIRE, GOVERNOR,

1835.

payable, this charter shall be forfeited, and shall he

CHAP. 318.

deemed null and void.

SEC. 15. And be it enacted, That the said corpora-

Bonus

tion or the president and directors thereof shall in

consideration of the corporate privileges hereby grant-

ed, pay to the State of Maryland, in addition to the

twenty cents on each one hundred dollars, as provided

for in the preceding section, a bonus of cloven thousand

two hundred and fifty dollars, in three equal annual

payments, the first of said payments to be made with-

in thirty days after the said bank shall have gone into

operation.

SEC, 16. And be it enacted, That it shall not be

Not to receive its

lawful for the corporation aforesaid, to receive or ac-

own stock in payment

cept of any of its own shares of stock in payment of

any debt or debts, and if any share or shares are so

Penalty, forfeiture

accepted, then and in such case the charter hereby

granted, shall immediately thereupon be forefitcd and

annulled, and each and every director consenting to

Penalty of director

such acceptance, shall forfeit and pay for every share

he consents so to accept, the sum of fifty dollars, the one

half to the informer and the other half to the Stale, to

be adjudged and recovered, on indictment and convic-

tion or confession of the party accused, in the county

court of the county wherein the banking house of said

institution is or shall be situate.

SEC. 17. And be it enacted, That if at any tune the

On f ailurre, to pay interest

said bank neglect or refuse to pay in gold and silver,

any of its notes, bills, obligations, or any money re-

ceived on deposit, in violation of the contract, promise,

or undertaking of said bank, the person or persons en-

titled to demand and receive such payment, shall res-

pectively receive and recover interest on sard bills

notes, obligations and deposites, until the same shall