ART. 11.] REGULATIONS OF STATE BANKS. 103

settlement thereof, on the first Monday of January and the first
Monday of July; and each of the said corporations shall publish
said statement so made to the treasurer, in at least one of the
daily newspapers published in the city of Baltimore, if the cor-
poration be located in said city, or in a newspaper published in
the county in which the corporation may be located, if not
located in said city; said statements in all cases to be verified by
the oath, or affirmation, of the president or cashier of the corpo-
ration.

Art. 5. The issues or notes, usually denominated bank notes,
which it shall be lawful for the corporation to issue, shall not at any
time exceed the amount of its capital stock actually paid in, and
no note shall be issued of a less amount or denomination than
five dollars, nor of any amount intermediate between five and ten
dollars; and the general assembly may at any time restrict the
issue of such notes, both in the amount which may be issued and
in the denomination of the notes.

Art. 6. The president, each director, cashier, and treasurer,
before he enters upon the duties of his office, shall take the-
following oath or affirmation, as the case may be: I ————, do
swear or affirm, that I will faithfully, impartially, diligently and
honestly execute the duties of ———— agreeably to the provisions
of law and the trust imposed in me, to the best of my skill and
judgment.

Art. 7. The total amount of the debts which any of the said
corporations shall at any time owe, exclusive of its issues, or notes
usually denominated bank notes, whether by bond, bill, note or
other contract, shall not exceed the amount of capital actually
paid into the said bank; provided, that the money deposited in
the said bank for safe keeping, shall not be considered as the
debts of the bank within the provisions of this clause; and in
cases of excess, the directors under whose administration it shall
happen, shall be liable for the same in their natural and private
capacities, and an action may, in such cases, be brought against
them, or any of them, or their heirs, executors or administrators,
in any court of record in this State, by any creditor or creditors
of said corporation, and may be prosecuted to judgment and