1835.

LAWS OF MARYLAND.

CHAP. 320

ART. 4. The president and directors, for the time

Notice of annual

being, shall give at least three weeks' notice in one or

election of direc-tors

more newspapers, printed in the city of Baltimore

and Annapolis, of the time and place of holding the

annual election of directors.

Oath

ART. 5. The president, and cadi director, before

he enters upon the duties of his office, shall take the

following oath or affirmation, as the case may be: I,

A. B. do solemnly swear or alarm, that I will faithful-

ly, impartially, diligently and honestly, execute the

duties of president or director, as the case, may be,

of the Hamilton Bank, conformably to the constitution

of the same, and the trusts reposed in me, to the best

of my skill and judgment; and the other officers .and

servants of the bank shall also take a similar oath or

affirmation, and shall besides give bond with security

to the satisfaction of the president and directors, for

the faithful discharge of their respective duties.

ART. 6. The corporation shall in no case deal, trade

or he concerned in any thing but notes, hills of ex-

change, mortgages, stock of the United States and

stock of the State of Maryland, or bullion, except in

case of debts due to them, when they shall be fully em-

powered to take any kind of security which they can

obtain; nor shall the corporation, in any case, directly

or indirectly, be concerned in trade, or the importa-

tion or exportation, purchase or salc of any goods,

wares or merchandise, lands, tenements or heredita-

ments whatsoever, except such goods, wares or mer-

chandise, lands, tenements or hereditaments as shall

be pledged to them by way of security, or for debts

due, owing or growing due to the said corporation or

purchased by them, to secure such debts due to the said

corporation; neither shall the said bank take more than

at the rate of six per centum per annum for or upon

their loans or discounts, to be calculated according to

Rowlett's tables of discount or interest.

Discount not to ex-ceed six months

ART. 7. The president and directors may discount

notes or bills at any length of time not exceeding six

months.

Limits of loans

ART. 8. No loan shall be made by the said corpora-

tion, for the use of, or on account of this State, or the