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Session Laws, 1835
Volume 214, Page 611   View pdf image (33K)
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1835.

LAWS OF MARYLAND.

CHAP. 341.

stockholders, for any purpose relative to the institu-

News

tion, giving at least four weeks' notice, in all the news-

 

papers in the city or county of Frederick; and any

 

number of stockholders not less than fifty, who to-

 

gether shall be proprietors of two thousand shares, may

 

at any time apply to the said president and directors

 

to call a general meeting of the stockholders, for any

 

purpose relative to the institution, and if the president

 

and directors shall refuse to call such meeting, the said

Stockholders may call

number of stockholders, proprietors of not less than

 

the aforesaid number of shares, shall have power to

 

call a general meeting of the stockholders, giving at

 

least sixty days' previous notice as aforesaid, and spe-

 

cifying in such notice, the object of such meeting, and

Duty of pres and

it is hereby made the duty of the president and direct-

directors to give a list

ors of said bank, at all times upon the application of

 

not less than twenty stockholders, being holders of not

 

less than one thousand shares, to give such stockhold-

*

ers a full Jist of the names of all the stockholders in

 

said bank.

Binds

ART. 12. Every cashier or treasurer, before he en-

 

ters upon the duties of his office, shall be required to

 

give bond, with two or more surities to the satisfaction

 

of the president and directors, in a sum not less than

 

fifty thousand dollars, with a condition for his good

 

behaviour, and every clerk, officer or servant of the

 

bank, shall give bond in such penalty and with such

 

security as the president and directors shall prescribe,

 

with condition for his good behaviour.

Kind of business

ART. 13. That the corporation shall not deal or

 

trade in any thing except bills of exchange, promissory

 

notes and bullion, or in the sale of goods which shall

 

be the produce of their lands, or of such goods and ef-

 

fects as shall have been bona fide pledged or mortga-

 

ged to it by way of security, or conveyed to it in satis-

 

faction of debts contracted in the course of its dealings

 

or purchased at sales upon judgments, which shall have

Proviso

been obtained for such debts; provided however, that

 

nothing herein contained shall be construed to prevent

 

the said corporation from making temporary invest-

 

ments of its funds, in purchase of the public debt of

 

the United States or any one of the United States, as



 

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Session Laws, 1835
Volume 214, Page 611   View pdf image (33K)
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