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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 26   View pdf image (33K)
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26

BANKS. [ART. 12.

 

the city of Baltimore, or in at least two newspapers
published in the county, if there be two newspapers
published in the county where the corporation may
be located, if not located in said city.
ART. 19. At all meetings of the stockholders of the
corporations created by this act for elections and other
purposes, no person shall be allowed to vote on any
share or shares of stock at such meetings, either in
person or by proxy, unless the said person shall, if

Oath of stock-
holder before
voting.

required by a stockholder, make oath before the judges
of election, or other officers of the meeting, that he or
she, as the case may be, is the lawful and bona fide
owner of said stock, having purchased and paid, or
secured payment for the same, a full consideration, or
received the same by inheritance, bequest, marriage,
distribution or gift, and without any understanding
that the said stock is to be transferred to the party
from whom it was received, or in case of voting by

Vote by proxy ,
oath.

proxy or power of attorney, the person holding such
proxy or power of attorney, shall make oath or affir-
mation, if required by a stockholder, that he believes
his principal, for whom he offers to vote, bought and
paid, or secured the payment for the said stock a full
consideration, or that the said principal, to the best of
his knowledge and belief, is the real bona fide owner of
said stock, having acquired the same, as the case may
be, by inheritance, bequest, marriage, distribution or

A: * Of

Proviso

gift ; provided, however, that this provision shall only
apply to such shares of stock in the corporations afore-
said as shall appear to have been transferred upon the
books of the corporation within one year next preced-
ing the meeting at which it is offered to vote upon
them.

In what funds
ments.

ART. 20. It shall not be lawful for any of the bank-
ing institutions by this act incorporated, to make .dis-
counts in or pay out any funds or money other than
the legal currency of the United States, notes issued by
authority of their charter, and notes issued by other
banking incorporations, received at their par value by
the banks so paying them oat.



 
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Supplement to the Maryland Code, Containing the Acts of the General Assembly, Passed at the Session of 1870
Volume 386, Page 26   View pdf image (33K)
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