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HENRY LLOYD, ESQUIRE, GOVERNOR.
SEC. 11. And be it enacted, That it shall be
the duty of the Directors to lay before the
Stockholders of said corporation, once in each
year, at a general meeting for their informa-
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669
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tion, an exact statement of their financial con-
ditions and the affairs of the bank, of the debts
which shall have remained unpaid after the
expiration of the original credit, and the sur-
plus profits, if any, after deducting losses and
dividends.
SEC. 12. And be it enacted, That the Board of
Directors shall cause to be furnished to the
Treasurer of the State of Maryland, statements
of the amount of capital stock of the corpora
tion, and of the debts due to and from the
same, specifying those due to and from other
banks; of the moneys deposited therein; of
the notes, if any, in circulation; of the cash
on hand, specifying the amount of coin and
of notes of other banks; of the value of
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Financial
statement.
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the real estate held by the corporation, and
of the amount and value of public or other
stocks owned by the corporation; said state-
ments to be furnished once in each year, and
to show the condition of the corporation in
the said particulars, as they may appear at the
close of the business transaction of the day
in settlement thereof, or the first Monday of
January; and the said corporation shall pub-
lish said statement so made to the Treasurer,
in two newspapers published in the town of
Upper Marlboro; 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
lawful for the said corporation to issue notes,
usually denominated bank notes, to an amount
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Statements.
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not, at any time exceeding the amount of its
capital stock actually paid in; and no notes
shall be issued of a less amount or denomina-
tion than five dollars, nor for any amount in-
termediate between five and ten dollars, and
the General Assembly may at any time restrict
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Bank notes.
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