1832.

LAWS OF MARYLAND.

CHAP. 182.

Sec. 2. And be it enacted, That the Stockholders of said
Bank be, and they are hereby authorised, pursuant to the
provisions of this act, to re-organize and operate the said
Bank in the same manner and effect, to all intents and
purposes whatsoever, as if no law had been enacted for
settling up and closing its concerns, subject however to the
provisions of this act.

Commissioners

natured

Sec. 3. And be it enacted, That Frederick A. Schley,
Bene S. Bigman, and Abraham Shriver, or any one of
them, commissioners heretofore appointed by the act of
the General Assembly of Maryland, passed at December
session, eighteen hundred and twenty-three, chapter one
hundred and forty-four, entitled, a further supplement to
the act, entitled, An act to establish a Bank and incorpo-
rate a Company, under the name of the Cumberland Bank

To call meeting.

Election of direc-

tors

of Allegany, shall cause notice to be given to the Stock-
holders of said Bank, to meet at the banking house of said
Bank on the first Monday of April next, to choose direc-
tors to operate and manage the concerns of said Bank, as
the charter thereof and supplementary provisions, now re-
vived and established, direct, and said election shall com-
mence at ten o'clock of said day and continue open for
the space of four hours; and that one or more of said
commissioners shall hold said election; and that eight of
those being stockholders, who shall have the highest num-
ber of votes, shall be declared elected directors, with the
same power to continue in office and to the same period,

Public notice re-

quired

as if elected under the provisions of said charter, on the
first Monday of April next; and that the said notice shall

the town of Cumberland, at least two weeks immediately
preceding said first Monday of April.

Commissions al-

lowed on existing

judement.

Sec. 4. And be it enacted, That on all judgments of
said Bank, obtained by said commissioners, which now
remain unsatisfied, or in discharge of which property has
been purchased, the said commissioners shall be allowed
a commission, not exceeding three per cent, (that is, one
per cent each,) upon the amount of said judgments, as
some one or more of the judges of the fifth judicial dis-
trict shall determine to be reasonable, and that on said
commission being paid, or secured to be paid to said
commissioners, all books, papers and property, real, per-
sonal, and mixed, belonging to said bank, shall be deliver-

Books, &c to be

delivered over

ed to the president and directors of the Cumberland Bank
of Allegany, for the time being, for the benefit of the
stockholders, and the said books, papers, and property,