ROBERT M. McLANE, ESQUIRE, GOVERNOR.

497

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-

tion to issue such bank notes if the directors should at

any time deem it inadvisable.

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 affirma-

tion, as the case may be : " I, do solemnly swear (or

affirm) that I will faithfully, impartially, diligently

and honestly execute the duties of ............ agreea-

Oath to be tak-

bly to the provisions of the law and the trust reposed

en.

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 any

time owe, exclusive of its issues or notes, whether by

bill, bond, note or contract, shall not exceed the

amount of the capital stock actually paid in; pro-

Limit of debts.

vided that money deposited in the bank for safe keep-

ing shall not be considered as debts of the bank with-

in the provisions of this section, unless the contract-

ing of a greater debt shall have been previously au-

thorized by a law of this state, and in cases of excess

the directors under whose administration it shall hap-

pen shall be liable for the same in their natural and

private capacities, and action may in such cases be

brought against them or any of them, or their heirs,

executors or administrators, in any court of record in

this state by any creditor or creditors of said corpora-

tion, and may be prosecuted to judgment and execu-

Officers to be

tion, any condition, covenant or agreement, to the

prosecuted.

contrary notwithstanding; but nothing herein con-

tained shall be construed to exempt the said corpora-

tion, or the lands, tenements, goods and chattels of

the same from being also liable for and chargeable

with the said excess; and such of the directors as may

have been absent when the said excess was created,

How exoner-

or who may have dissented from the resolution or act

ated.

whereby the same was created, may respectively exon-

32