ART. 12.] BANKS.

which shall impair the capital stock, all the directors
present at the making or declaring such dividend, and

23

consenting thereto, shall be liable in their individual
capacities to the corporation for the amount or propor-
tion of the said capital stock so divided by the direc-
tors, and each director who shall be present at the
making or declaring of such dividend, shall be deemed

Directors lia-
ble.

to have consented thereto, unless he shall immediately
enter his dissent in writing on the minutes of the pro-
ceedings of the board, and give public notice to the
stockholders that such dividend has been declared.

Unless they
give notice.

ART. 10. No director shall be entitled to receive
any emolument for his services, unless the same shall
have been allowed at a general meeting of the stock-

No emolument
to directors.

holders, and the directors shall make such compensa-
tion to the president for his extraordinary attendance
at the bank, as shall appear to them reasonable.

Pay of presi-
dent.

ART. 11. The president and directors- of the cor-
poration may at any time call a general meeting of
its stockholders for any purpose relative to the insti-
tution, giving at least six weeks notice in two or more
daily newspapers printed in Baltimore city, if the cor-
poration be located in said city, or in a newspaper
printed in the county town, of the county in which
the corporation may be located, if not located in the
said city ; and any number of stockholders owning not
less than one-fifth of the stock of the corporation, may
at any time apply to the said president and directors to
call a general meeting of the stockholders for any pur-
pose relative to the institution ; and if the president
and directors shall refuse to call such meeting, the said
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 notice, as
aforesaid, and specifying in such notice the objects of
such meeting ; and it is hereby made the duty of the
president and directors of said bank, upon the applica-
tion of any ten stockholders for that purpose, to give
such stockholders a full list of the names of all the
stockholders in said bank.

General meet-
ings, how
called.