1280 LAWS OF MARYLAND.

owner of said stock, having purchased and paid or secured pay-
ment for the same, a full consideration, or received same by in-
heritance, bequest, marriage, distribution or gift, and without
any understanding that the said stock is to be transferred to
the party from whom it was received, or in case of voting by
proxy or power of attorney, the person holding such proxy or
power of attorney shall make oath or affirmation, if required
by a stockholder, that he or she believes his or her principal for
whom he or she offers to vote, bought and paid or secured pay-
ment for said stock a full consideration, or that the said princi-
pal to the best of his knowledge and belief, is the real bona fide
owner of said stock, having acquired the same, as the case may
be, by inheritance, bequest, marriage, distribution or gift; pro-
vided, however, that this provision shall only apply to such
shares of stock in the corporation aforesaid as shall appear to
have been transferred upon the books of the corporation within
one year next preceding the meeting at which it is offered to
vote upon them.

Article 20. It shall not be lawful for the banking institu-
tions by this Act incorporated, to make discounts in or pay out
any funds or money other than the legal currency of the United
States, notes issued by authority of its charter and notes of
other banking corporations, received at their par value by the
bank so paying them out.

SEC. 5. And be it enacted, That if at any time said corpora-
tion shall neglect or refuse to pay in legal tender of the
United States, or in notes of other banking corporations re-
ceived at their par value by the banks so paying them out, any
of its bills, notes, obligations or any money received on deposit,
in violation of the contract, promise or undertaking of said
corporation the person or persons entitled to demand and re-
ceive such payment shall respectively receive and recover in-
terest on said bills, notes, obligations and deposits until the
same shall be fully paid and satisfied, at the rate of six per
centum per annum, from the time of such demand.

SEC. 6. And be it enacted, That if the said corporation shall
neglect or refuse to pay, as aforesaid, any of its notes, bills,
obligations or money received on deposit, the holder of such
note, bill or obligation, or the person or persons entitled to de-
mand and receive such money shall be respectively entitled only
to demand and receive as creditor, or as debtor, to claim and
set off, such part of the sum of its assets as shall be actually
distributable and payable to such creditor or debtor at the time
such claim or demand may be made.

SEC. 7. And be it enacted, That if the said corporation shall,
at any time, suspend its payments, the assets which said cor-