108 BANKS. [ART. 11.

owner of said stock, having acquired the same, as the cose may
be, by inheritance, bequest, marriage, distribution, or gift; pro-
vided, however, that this provision shall only apply to such shares
of stock in the corporations aforesaid as shall appear to have been
transferred upon the books of the corporation within one year
next preceding the meeting at which it is offered to vote upon
them.

Art. 20. It shall not be lawful for any of such banking institu-
tions to make discounts 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 out.

Art. 21. On the first Monday in January, annually, the presi-
dent or other proper officer of each bank or banking institution
doing business in this State, under charter from the general
assembly thereof, or under the provisions of sections 17 to 30 of
this article, shall pay or cause to be paid to the treasurer of this
State the sum of twenty cents on every hundred dollars of the
issue of notes then in actual circulation, which it shall be lawful
for such banks or banking institutions to issue, to be applied by
the said treasurer in augmentation of the free school fund of this
State. But the capital stock of every bank incorporated by this.
State shall remain subject to all other taxes imposed or to be
imposed for State or municipal purposes, upon the capital stock
of corporations incorporated under the laws of this State.

1870, ch. 206, sec 8.

24. If at any time any of the said corporations shall neglect
or refuse to pay, in gold and silver, or lawful money of the
United States, any of its notes, bills, obligations or money re-
ceived on deposit, in violation of the contract, promise or under-
taking of said corporation, the person or persons entitled to
demand and receive such payment, shall respectively receive and
recover interest on said bills, notes, obligations and deposits, until
the same shall be fully paid and satisfied, at the rate of six per
cent, per annum, from the time of such demand.