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Session Laws, 1878
Volume 399, Page 283   View pdf image (33K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 283

the said president and directors to call a general

 

meeting of the stockholders for any purpose rela-

 

tive to the institution ; and if the president and

 

directors shall refuse to call such meeting, the

 

said number, of stockholders, proprietors of not

 

less than the aforesaid number of shares, shall

 

have power to call a general meeting of the stock-

 

holders, giving notice as aforesaid, and specifying

 

in such notice the objects of such meeting; and

Furnish list

it is hereby made the duty of the president and

of stockhold-
crs.

directors of said bank, upon the application of any

 

ten stockholders for that purpose, to give such

 

stockholders a full list of the names of all the

 

stockholders in said bank.

 

ART. 12. Every cashier or treasurer, before he

 

enters upon the duties of his office, shall be re-

Cashier to

quired to give bond, with two or more securities

give bond.

to the satisfaction of the president and directors,

 

in a sum not less than twenty thousand dollars,

 

with a condition for the faithful discharge of their

 

duties.

 

ART. 13. The lands, tenements and heredita-

Lands, tene-

ments which it shall be lawful for the said corpo-

ments, & c.,

ration to hold shall be only such as shall be requisite

how held.

for its immediate accommodation, in relation to

 

the convenient transaction of its business and such

 

as shall have been bona fide mortgaged or conveyed

 

to it by way of security, or in satisfaction of debts

 

contracted in the course of its dealings, or pur-

 

chased at sales upon judgments which shall have

 

been obtained for such debts ; provided, however,

 

that it shall not be lawful for said corporation to

Proviso.

hold any real estate purchased at sales upon judg-

 

ments as aforesaid, for more than three years from

 

and after the time of such purchase.

 

ART. 14. That the corporation shall not deal or

 

trade in anything except bills of exchange, promis-

Deal or trade

sory notes and bullion, or in the produce of their

in bills of ex-

lands, or of such goods and effects as shall have

change.

been bona fide pledged or mortgaged to it by way

 

of security or conveyed to it in satisfaction of debts

 

contracted in the course of its dealings or pur-

 

chased at sales upon judgments which shall have

 


 

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Session Laws, 1878
Volume 399, Page 283   View pdf image (33K)
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