1276 LAWS OF MARYLAND.

Article 2. None but a stockholder, being a citizen of this
State, shall be eligible as president, and every president shall
cease to be president upon his ceasing to be a citizen of this
State or a stockholder.

Article 3. Once in each year the directors shall lay before the
stockholders of said corporation, at a general meeting, for their
information, an exact and particular statement 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.

Article 4. The treasurer of this State shall be furnished with
statements of the amount of 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 monies deposited therein, of the
notes in circulation, of the cash on hand, specifying the
amounts of coin and of the notes of other banks, of the value of
the real estate held by the corporation, and of the amount and
value of the public or other stocks and bonds owned by the cor-
poration; said statement to be furnished twice each year, and
to show the condition of the corporation in the said particulars
on the last business day in December, and the last business day
in June, and said corporation shall publish said statement so
made to the treasurer, in at least one of the newspapers pub-
lished in Washington county; said statement in all cases to be
verified by the oath or affirmation of the president or cashier of
the corporation.

Article 5. The issue of notes, usually denominated bank
notes, which it shall be lawful for the corporation to issue, shall
not at any time exceed the amount of the capital stock actually
paid, in and no note shall be issued of a less amount or denomi-
nation than one dollar, nor of any amount intermediate be-
tween five and ten dollars, and the amount of notes issued of a
less denomination than five dollars shall not exceed twenty per
cent, of its capital stock actually paid in, and the General As-
sembly may, at any time, restrict the issue of such notes, both
in the amount which may be issued and in the denomination
of the notes.

Article 6. The president, each director, cashier or treasurer,
before he enters upon the duties of his office, shall take the fol-
lowing oath or affirmation, as the case may be. I, , do
swear or affirm that I will faithfully, impartially, diligently
and honestly execute the duties of agreeably to the pro-
visions of law and the trust reposed in me, to the best of my
skill and judgment.