1030

LAWS OF MARYLAND.

for every additional two shares; a majority of votes cast shall
be sufficient to elect, and the stockholders may vote either in
person or by proxy; but no share of stock shall entitle any
holder to a vote, which shall not have been holden two calen-
dar months previous to the day of election.

Financial
statement

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 every year, at a general meeting, for their information,
an exact statement of the financial condition and affairs of the
bank, of the debts which shall have remained unpaid after the
expiration of the original credit, and the surplus profits, if
any, after deducting losses and dividends.

Statemeuts to
State Treas-
urer.

SEC. 12. And be it enacted, That the board of directors
shall cause to be furnished to the Treasurer of the State state-
ments of the amount of the capital stock of the corporation,
and of the debts due to and from the same, specifying those
due to and from other banks, of the money deposited therein,
of the notes, if any, in circulation, of the cash on hand, speci-
fying the amount of coin and of notes of other banks, of the
value of real estate held by the corporation, and of the amount
and value of public or other stocks owned by the corporation ;
said statements 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 bvisiness transaction of the day,
in settlement thereof, on the first Monday in January; and the
said corporation shall publish said statements so made to the
Treasurer, in one newspaper published in Washington county.
Maryland; such statement in all cases to be verified by the
oath or affirmation of the president or cashier of said corpora-
tion.

Oath of
officers

SEC. 13. And be it enacted, That the president, each direc-
tor and cashier, before entering upon the duties of his office,
shall take the following oath or affirmation, as the case may be :
" I do solemnly swear (or affirm) that 1 will faithfully, impar-
tially, diligently and honestly execute the duties of —— agree-
ably to the provisions of the law and 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 the State to administer
oaths, and to be made in writing signed by the affiant, and
filed among the archives of the bank.