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1842
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FRANCIS THOMAS, ESQUIRE, GOVERNOR,
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CHAP 76.
In force until
1863.
Proviso,
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SEC. 6. And be it enacted, That this act shall be and
continue in force until the first day of January, eighteen
hundred and sixty-three, and until the end of the next ses-
sion of the General Assembly which shall happen thereaf-
ter, unless sooner repealed, the power to do which is here-
by expressly reserved, provided, that such repeal shall not
operate upon contracts then existing.
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Issues forbid.
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SEC. 7. 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.
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Repealed.
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SEC. 8. And be it enacted, That the proviso at the end
of the second section of the act to which this is a supple-
ment, designated therein as the second section, limiting the
number of shares which any stockholder may own, to ten,
be, and the same is hereby repealed.
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CHAPTER 76.
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Passed Feb.
9, 1843.
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An act, supplementary to the acts passed at December session
eighteen hundred and thirty-five, chapters three hundred
and thirteen, three hundred and fourteen, three hundred
and fifteen and the supplements thereto.
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Capital stock.
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SEC 1. Be it enacted by the General Assembly of
Maryland, That the capital stock of the Chesapeake Bank
be and the same is hereby reduced and limited to the sum
of three hundred and fifty thousand dollars, and the capital
stock of the citizens Bank of Baltimore to the. sum of three
hundred and thirty-four thousand dollars, and the capital
Stock of the Farmer's and Planter's Bank of Baltimore to
the sum of six hundred thousand, six hundred and twenty-
five dollars.
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Bonus pay-
able upon ca-
pital stock.
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SEC. 2. Be it enacted, That the bonus payable by
the said banks respectively, shall be upon the amount of the
capital stocks thereof, as established by this act, and at the
rate fixed by their respective charters, of three and three
quarters per cent on each one hundred dollars, and that all
such parts of their original charters, or the supplements
thereto, as conflict with this act, be, and the same are here-
by repealed.
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Not released
from payment
of school fund.
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SEC. 3. Be it enacted, That nothing in this act con-
tained, shall release either of said banks from their obliga-
tions in relation to the school fund imposed upon them by
their several original charters.
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