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Session Laws, 1836
Volume 537, Page 62   View pdf image
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THOMAS W. VEAZEY. ESQUIRE, GOVERNOR.

18S6.

dollars and seventy five cents on each hundred dollars
thereof, which said bonus shall be paid on the tenth
day of November next, after such augmented or addi-
tional capital shall have been subscribed.

CHAP. 71.

SEC. 3. And be it enacted, That if the full amount
of five hundred thousand dollars shall not have been
subscribed to the capital stock of the said bank before
the tenth day of November, in the year eighteen hun-
dred and thirty nine, the said bank shall nevertheless
on that day pay to the said Treasurer such sum of
money as together with the sum already paid, and the
sums required to be paid by the proceeding sections of
this act shall amount to the full sum of eighteen thou-
sand seven hundred and fifty dollars, the amount of
bonus required by the aforesaid eleventh section of the
original act

Bonus payable

1839

SEC. 4. And be it enacted, That the said bank shall
be and hereby is authorised to receive on special depo-
site from the State of Maryland, any sum or sums of
money whatsoever, and to pay an interest therefor not
exceeding the rate of six per cent per annum.

Special deposite

authorised

SEC. 5. And be it enacted, That there shall be an-
nually chosen according to the provisions of the origi-

Twelve direc-
ton

nal act, twelve directors, and not more than nine direc-
tors in office shall be eligible for the next succeeding
year, any thing contained in the act to which this is

Nine re-eligi-

ble

a supplement to the contrary notwithstanding; provi-
ded always, that nothing herein contained shall be of
any force or effect unless the President and Directors
of the said bank shall on or before the first day of
August next, pass and file with the Governor and Coun-
cil of Maryland, a resolution authorised by its stock-
holders in general meeting, and under the common seal
of the company, declaring its acceptance of this act.

Ratifiation re-
quired



 
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Session Laws, 1836
Volume 537, Page 62   View pdf image
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