280

LAWS OF MARYLAND.

Am. 3. Once in each year the directors shall lay

before the stockholders of said corporation, at a

general meeting, for their information, an exact

Statement of

and particular statement of the debts which shall

debts.

have remained unpaid after the expiration of the

original credit, and the surplus profits, if any, after

deducting losses and dividends.

ART. 4. The treasurer of this State shall be fur-

Statement of

nished with statements of the amount of the capital

capital stock.

stock of the corporation and of the debts due to

and from the same, specifying those due to and

from other banks, of the monies deposited therein,

of the notes in circulation, of the cash on hand,

specifying the amounts of coin, and of the notes of

other banks, of the value of the real estate held

by the corporation, and of the amount and value of

public or other stocks owned by the corporation ;

said statement to be furnished twice in each year,

and to show the condition of the corporation in

the said particulars on the first Monday of Jan-

uary and the first Monday in July ; and said cor-

Statement to

poration shall publish said statement, so made to

be published.

the treasurer, in at least one of the newspapers

published in Washington county, said statement

in all cases to be verified by the oath or affirma-

tion of the president or cashier of the corporation.

ART. 5. The issues or notes usually denominated

bank notes, which it shall be lawful for the cor-

poration to issue, shall not at any time exceed the

amount of the capital stock actually paid in, and

Issue of notes

no note shall be issued of a less amount or denom-

not to exceed
capital stock

ination than one dollar, nor of any amount inter-

paid in.

mediate between five and ten dollars, and the

amount of notes issued of a less denomination

than five dollars shall not exceed twenty per cent.

of its capital stock actually paid in; and the Gen-

eral 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 or

Form of ob-

treasurer, before he enters upon the duties of his

ligation.

office, shall take the following oath or affirmation,

as the case may be : I, ———— , do swear or affirm