JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 745
said statement so made to the Treasurer, in one
|
Publish state-
|
newspaper, published in the town of Centreville,
|
ment.
|
such statement in all cases to be verified by the
|
 
|
oath or affirmation of the president or cashier of
|
 
|
said corporation.
|
 
|
SEC. 13. And be it enacted, That it shall be law-
|
 
|
ful for the said corporation to issue notes usually
|
Issue bank
|
denominated "Bank Notes," to an amount not at
|
notes.
|
any time exceeding double the amount of its
|
 
|
capital stock actually paid in ; and no note shall be
|
 
|
issued of a less amount or denomination than one
|
 
|
dollar, 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 notes ; but this section shall
|
 
|
not be construed as compulsory on said corpora-
|
Not compul-
sory.
|
tion to issue such bank notes, if the directors shall
|
 
|
at any time deem it advisable.
|
 
|
SEC. 14. And be it enacted, That the president,
|
 
|
each director and cashier, before entering upon
|
 
|
the duties of his office, shall take the following
|
 
|
oath or affirmation, as the case may be : "I do
|
Form of oath.
|
solemnly swear, or affirm, that I will faithfully,
|
 
|
impartially, diligently and honestly execute the
|
 
|
duties of ———— , agreeably to the provisions of
|
 
|
the law and the trust reposed in me, to the best of
|
 
|
my skill and judgment;" said oath or affirmation
|
 
|
to be taken before any justice of the peace or
|
 
|
other person having authority under the laws of
|
 
|
this State to administer oaths, and to be made in
|
 
|
writing, signed by the affiant, and filed among the
|
 
|
archives of the bank.
|
 
|
SEC. 15. And be it enacted, That the total amount
|
 
|
of the debts which the said corporation shall at
|
Liabilities
|
any time owe, exclusive of its issues or notes,
|
not to exceed
|
whether by bill, bond, note or contract, shall not
|
capital stock.
|
exceed the amount of the capital stock actually
|
 
|
paid in ; provided that money deposited in the
|
 
|
bank for safe keeping shall not be considered as
|
 
|
debts of the bank within the provisions of this
|
 
|
section, unless the contracting of a greater debt
|
 
|
shall have been previously authorized by a law of
|
 
|
53
|
 
|