PRIVATE ACTS. 1347

directors to call a general meeting of the stockholders; and, if
the president and directors shall refuse to call such meeting,
the said stockholders shall have power to call it, giving notice
as aforesaid and specifying in such notice the object of the
meeting; and the president, upon the application of any of the
stockholders owning not less than one-fourth of the capital
stock shall furnish to such stockholders a full and correct list
of the names of all the stockholders of the bank.

SEC. 9. And be it enacted, That the president or vice-presi-
dent and a majority of the directors shall constitute a board
for the transaction of the business of the bank, but the ordi-
nary discounts may be made by the president, or, in his ab-
sence, the vice-president, and any two directors; and in case
of the sickness or necessary absence of the president, the vice-
president shall act as president pro tempore during his ab-
sence.

SEC. 10. And be it enacted, That the board of directors shall
have power to regulate all matters pertaining to special or
trust deposits, and to make all needful regulations in that
behalf; provided, that the aggregate amount of said special or
trust deposits shall not at any time exceed the capital stock of
said bank.

SEC. 11. And be it enacted, That it shall be the duty of the
directors to lay before the stockholders once in every year, at
a general meeting, an exact statement of the financial condi-
tion and affairs of the bank.

SEC. 12. And be it enacted, That the board of directors shall
cause to be furnished to the Treasurer of the State statements
of the amount of the capital stock of the bank and of the debts
due to and from it, 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, specifying the amount of
coin and of notes of other banks; of the value of the real estate
held by it, and of the amount and value of all stocks owned
by it; said statements shall be furnished once in each year,
and shall show the condition of the bank as it shall appear in
the aforesaid particulars at the close of business on the first
Monday in January in each year; and said statements shall be
verified by the oath or affirmation of the president or cashier
of the bank, and copies of said statement shall be published
in one or more newspapers published in Washington County,
Maryland, by said board of directors..

SEC. 13. And be it enacted, That at all elections for direc-
tors of said bank each stockholder shall be entitled to one vote
for each share of stock that he, she, it or they may hold; a
majority of the votes cast shall be sufficient to elect, and stock-