FRANK BROWN, ESQUIRE, GOVERNOR.

shall publish said statement so made to the Treasurer, in one
newspaper published in the town of Salisbury, such statement
in all cases to be verified by the oath or affirmation of the
president, vice-president or cashier of said corporation.

791

SEC. 11. And be it enacted, That it shall be lawful for the
said corporation to issue notes, usually denominated bank
notes, to an amount not at any time exceeding the amount of
its capital stuck actually paid in; and no notes shall be issued
for a less amount or denomination than five dollars, nor for
any amount intermediate between tive and ten dollars; and the
General Assembly may at any time restrict the issue of such
notes, both in tlie amount which may be issued and the denom-
ination of notes; but this section shall not be construed as
compulsory upon said corporation to issue such bank notes if
the directors shall at any time deem it unadvisable.

May issue
notes.

SED. 12. And be it enacted, That the president, vice-presi-
dent, 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 ———— agreeably to the provisions of the law and
the trust reposed in me, to the best of my skill and judg-
ment;" 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.

Oath of
officers.

SEC. 13. And be it enacted, That the total amounts of debts
which the said corporation shall at any time owe, exclusive of
its issues of notes, whether by bill, bond, note or contract, shall
not exceed the actual amount of the capital stock actually paid
in, (provided, that money deposited at the bank for safe keep-
ing shall not be considered as debts of the bank within the
provisions of this section,) unless the contracting of a greater
debt shall have been previously authorized by a law of the
State; and in case of excess, the directors under whose adminis-
tration it shall happen, 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 corporation, and may be prosecuted
to judgment and execution, any condition, covenant or agree-
ment to the contrary notwithstanding; but nothing herein
contained shall be construed to exempt the said corporation.

Debts bank
may owe.