1832.

LAWS OF MARYLAND.

CHAP. 90.

construed as to confer authority on the Directors or Stock-
holders by any rule or by-law, to restrict or limit the num-
ber of weekly depositors who may desire to deposit or
become members of said corporation; Provided, the amount
paid by each depositor be not less than the minimum sum
of one dollar per week; and that they in all things comply
with the provisions of this act, and the rules and by-laws

Limit of deposits:

which may from time to time be adopted.
Sec. 6. And be it enacted, That the regular weekly de-
posits of any member of said corporation shall in no case
exceed the sum of five dollars in any one week, and that
the whole amount of said deposits shall in no instance ex-
ceed the sum of two thousand dollars.

Committee of ex-

amination

Sec. 7. And be it enacted, That it shall be the duty of
the Directors, at least once in every six months, to appoint
from the members of said corporation five competent per-
sons, as a committee of examination, whose duty it shall
be to investigate the affairs of said corporation, and to
make and publish a report thereof, in one or more news-
papers, printed in the city of Baltimore; and it shall also
be the duty of the Directors on the first Monday in Janu-

Declare dividends.

ary, and on the first Monday of July, in each and every
year, to make and declare a dividend of the interests and
profits of the said corporation, after paying its expenses,
and the same to pay over to the depositors, or their legal
representatives, within ten days thereafter.

Banking rights re-

served

Sec. 8. And be it enacted, That nothing in this act con-
tained shall be held or construed to authorize the company
incorporated by this act, to do any act or acts inconsistent
with the privileges secured to the existing banking institu-
tions in the city of Baltimore, by the act of eighteen hun-
dred and thirteen, chapter one hundred and twenty-one, or
by any other act or acts of Assembly now in force, nor to

Issuing of notes

forbid

authorise this corporation to issue any bill, note, or other
device in the nature of a bank note.

Right of Inspec-

tion reserved

Sec. 9. And be it enacted, That the concerns of the in-
stitution hereby intended to be incorporated, shall be at all
times subject to the inspection of the Treasurer of the
Western Shore, or of such other officer or agent of the
State as may be selected for that purpose by the Legisla-
ture.

Act limited to 1845

Sec. 10. And be it enacted, That this fact shall continue
and be in force until the year eighteen hundred and forty-
five, and until the end of the next General Assembly which
shall happen thereafter.