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ART. 11.] BANKS. 93
ARTICLE XI.
BANKS.
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1. Judgment for non-payment of
note.
2. Sci. fa. for refusal to pay specie.
3. Trustees of such defaulting bank.
4. Trustee to give bond.
5. Publication of unclaimed deposits.
6. Costs of such publication ; how
paid.
7. Penalty for failure to publish.
8. Counting and destruction of notes
of insolvent bank.
9. Recovery on note payable to bank.
10. Annual statement to comptroller.
11. Issuing of bank notes.
12. May become a national bank.
13. Conditions. Vote of Stockholders.
14. Surrender of State charter. Liqui-
dation.
15. Transfer of assets and debts.
16. Plates and dies to be destroyed.
17. Banking associations, how formed.
18. Powers of.
19. Capital stock if located in Balti-
more city.
20. Capital stock if located elsewhere
in State.
21. Board of directors.
22. Affairs ; how managed.
23. Rules, restrictions and limitations
of said banks, viz .
Art 1. Vote of stockholders.
2. Who eligible as directors or
president.
3. Annual statement to stock-
holders.
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Art. 4. Semi-annual statements to
State treasurer.
5. Limit to issue of bank notes.
6. Oath of president and direc-
tors.
7. Limit to indebtedness.
8. Powers of board
9. Dividends.
10. Pay of directors.
11. General meetings of stock-
holders
12 Cashier or treasurer.
13. Real estate.
14. Corporate powers.
15. Bills or notes.
16. Transfer of shares of stock.
17. Prohibited loans. Stock to be
personal estate.
18. Notice of annual election.
19. Voting by stockholders.
20. In what funds to pay.
21. State tax on circulation.
24. Defaulting bank to pay interest to
note-holders and depositors.
25. Assets to be distributed amongst
creditors.
26. Distribution to be pro rata.
27. Stockholders to be individually
liable.
28. Sections 17-30 may be availed of
by existing banks.
29. Not to resume when once closed
by directors and stockholders.
30. Sections 17-30 in force until 1905,
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P. G. L., (1860,) art. 12, sec. 1. 1818, ch. 177. 1861, ch. 5. 1862, ch. 178.
1864, ch. 3.
1. Any person having a claim upon or holding a note of any
bank in this State, under one hundred dollars, after demand of
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