ROBERT M. McLANE, ESQUIRE, GOVERNOR.

337

number of stockholders owning not less than one-fifth

of the stock of the corporation may at any time apply

to the said president and directors to call a general

meeting of the stockholders for any purpose relative

to the corporation, and if the president and directors

shall refuse to call such meeting, the said number of

stockholders, proprietors of not less than the aforesaid

amount of stock, shall have power to call a general

meeting of the stockholders, giving notice as afore-

said, specifying in such notice the objects of such

meeting; and it is hereby made the duty of the presi-

Duty of prosi-
dent, &c.

dent and 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 stock-

holders in said bank.

ART. 11. The lands, tenements and hereditaments

which it shall be lawful for said corporation to hold, in

Lawful to hold

addition tosuch as are nowincluded in its assets, shall be

only such as shall be required for its immediate accom-

modation in relation to the convenient transaction of its

business, and such as shall have been bon a fide mortgaged

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

of debts contracted in the course of its dealings, or

purchased at sales upon judgments which shall have

been obtained for such debts; provided, however, that

Proviso.

it shall not be lawful for said corporation to hold any

real estate purchased at sales upon judgments as afore-

said for more than five years from and after the time

of such purchase, when judicious sale thereof may be

effected within the said five years, and the capital

stock and funds of the corporation shall be deemed

and taken to be personal and not real estate.

ART. 12. All bills or notes which may be issued by

order of the said corporation, signed by the president

and countersigned by the cashier thereof, promising

the payment of money to any person or persons, his,

her or their order, or bearer, though not under the seal

of the corporation, shall be binding and obligatory

upon the same, in the like manner and with the like

force and effect as upon any private person or persons,

Notes building

if issued by him or them, in his, her or their private

or natural capacity or capacities, and shall be assign-

able and negotiable in like manner as if the were so

issued by such private person or persons; that is to

say, those which shall be payable to any person or

persons, his, her or their order, shall be assignable by

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