1835.
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LAWS OF MARYLAND,
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may be: I do swear, or affirm, that I will faithfully,
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CHAP. 341
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impartially, diligently and honestly execute the duties
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of agreeably to the provisions of law and
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.
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the trust reposed in me, to the best of my skill and
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judgment.
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Limit of debts
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ART. 6. The total amount of the debts which the
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said corporation shall at any time owe, exclusive of
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its issues or notes, usually denominated bank notes,
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whether by bond, bill, note or other contract, shall not
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exceed the actual capital, unless the contracting of a
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greater debt shall have been previously authorised by
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Proviso
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a law of this State; Provided, that the money deposi-
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ted in the said bank for safe keeping, shall not be con-
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sidered as the debts of the bank within the provisions
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Liability of direc-
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of this clause, and in case of excess, the directors un-
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tors
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der whose administration it shall happen, shall be
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liable for the same in their natural and private capaci-
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ties, and an action may in such case be brought against
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them or any of them, or their heirs, executors or ad-
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ministrators, in any court of record of this State, by
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any creditor or creditors of the said corporation, and
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may be prosecuted to judgment and execution, any con-
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dition, covenant, or agreement to the contrary not-
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Corporation not
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withstanding, hut nothing herein contained shall be
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exempt
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construed to exempt the said corporation, or the lands,
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tenements, goods, chattels and effects of the same,
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from being also liable for and chargeable with the said
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Exoneration
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excess, and such of the said directors who may have
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been absent when the said excess was created, or who
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may have dissented from the resolution or act, where-
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by the same was created, may respectively exonerate
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themselves from being so liable by forthwith giving
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notice of the fact, and of their absence or dissent to the
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Governor of the State, and to the stockholders at a
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general meeting which they shall have power to call
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Proviso
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for that purpose; And provided, nothing herein con-
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tained shall be so construed as to confer the power up- .
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on the president and directors, to pay interest upon
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monies deposited in said institution, other than such as
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may be deposited therein by the order or with the ap-
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probation of some public authority or functionary of,
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