ROBERT M. McLANE, ESQUIRE, GOVERNOR.

335

Baltimore; said statement in all cases to be verified

by the oath or affirmation of the president or cashier

of the corporation.

ART. 4. The issues or notes usually denominated

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

ation to issue, shall not at any time exceed the amount

of its capital stock actually paid in, and no note shall

Amount und de-

be issued of a less amount or denomination than five

nomination of

dollars, nor of any amount intermediate between five

notes.

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 denominations of the

notes.

ART. 5. The president, each director and cashier,

before he enters upon the duties of his office, shall lake

the following oath or animation, as the case may be :

"I, ....... do swear or affirm, that I will faithfully,

Oath to be tak-
en.

impartially, diligently and honestly execute the duties

of ...... agreeably to the provisions of law, and the

trust imposed in me, to the best of my skill and judg-

ment."

ART. 6. The total amount of the debts, which said

corporation shall at any time owe, exclusive of its

issues or notes, usually denominated bank notes,

whether by bond, bill, note or other contract, shall

Limit of debts.

not exceed the amount of capital actually paid into

the said bank; provided that the money deposited in

said bank for safe keeping shall not be considered as

the debts of the bank within the provisions of this

clause, unless the contracting of a greater debt shall

have been previously authorized by a law of this state,

and in cases of excess the president and directors, under

whose administration it shall happen, shall be liable

for the same in their natural and private capacities ;

and an action may, in such cases, be brought against

them, or any of them or their heirs, executors or ad-

Officers may be

ministrators, in any court of record in this state, by

prosecuted.

any creditor or creditors of said corporation, and may

be prosecuted to judgment and execution, any condi-

tion, covenant or agreement, to the contrary notwith-

standing; but nothing herein contained shall be con-

strued to exempt the said corporation, or the lands,

tenements, goods and chattels of the same from being

also liable for and chargeable with the said excess ;

and the president, and such of the said directors who

may have been absent when the said excess was ere-