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Session Laws, 1840
Volume 592, Page 78   View pdf image
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WILLIAM GRASON. ESQUIRE, GOVERNOR.

1840.

gaged or conveyed to it, by way of security, or in satisfac-
tion of debts contracted in the course of its dealings, or
purchased at sales upon judgments which shall have been
obtained for such debts; and all such lands, tenements, and
hereditaments, so taken in satisfaction of debts, or purcha-
sed at sales upon judgments, shall be re-sold and conveyed
by the said president and directors, within the term of five
years, from the taking or purchase thereof as aforesaid.

CHAP. 84.

SEC. 23. Be it enacted, That in suits by or against said
company, no member of the corporation shall on that ac-
count, if he be not in his individual capacity, a party to
such suit or suits, be incompetent as a witness.

Members may
be witnesses if
not interested.

SEC. 24. And be it enacted, That said corporation is
hereby prohibited from issuing; any note, certificate, device
or evidence of debt, to be used as currency.

Banking forbid.

SEC. 25. And be it enacted, That this act shall endure
for fifteen years from the date of its passage.

CHAPTER 83.

In force.

A further supplement to an act, entitled an act to incorpo-
rate a Bank, to be called by the name of the Bank of
Salisbury.

Passed Feb. 20,
1841.

Be it enacted by the General Assembly of Maryland,
That the time limited by the act of the General Assembly
passed December session, eighteen hundred and thirty-eight,
chapter thirty-four, for the extending of the time for dis-
posing of the, augmentation of the capital stock of the Bank
of Salisbury, be and the same is hereby extended to the
ninth day of March, eighteen hundred and forty-three.

CHAPTER 84.

Time extended
for disposing of
augmentation
of capital stock.

An act entitled an art to repeal an act passed at December
session, eighteen hundred and twenty-six, chapter one
hundred and twenty-nine.

Passed Feb. 19,
1841.

Be it enacted by the General Assembly of Maryland,
That the law passed December session, eighteen hundred
and twenty-six, chapter one hundred and twenty-nine, re-

Act of 1826, ch.
129, repealed



 
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Session Laws, 1840
Volume 592, Page 78   View pdf image
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