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Session Laws, 1843
Volume 595, Page 183   View pdf image
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1843.

FRANCIS THOMAS, ESQUIRE, GOVERNOR.

CHAP. 212.

of, be made negotiable at the Havre-de-Grace Bank, and
when the drawer shall not reside in the town of Havre-de-
Grace, such note shall be made payable at the house of
some person in the town aforesaid, and notice given by
the proper servants of the bank at said house, that such
note hath become due, shall be, to all intents and purpo-
ses, held and considered to be completely binding on the
drawer and endorsers as if notice had been personally
served on each of them.

Liable to pro-
secution.

Sec. 22. And be it enacted, That any director, offi-
cer or other person, holding any share or capital of the
said bank stock, who shall commit any fraud or embez-
zlement, touching the money or property of the bank
shall be liable to be prosecuted in the name of the State
by indictment for the same in any court of law in this
State, having jurisdiction thereof, and upon conviction
thereof shall besides the remedy that may be had by
action in the name of the president and directors of the
Havre-de-Grace Bank, for the fraud aforesaid, forfeit all
his or her shares of stock in the said bank to the com-

Corporate
powers.

pany.

Sec. 23. And be it enacted, That all persons who
shall become subscribers to the said bank, their success-
ors and assigns, shall be and are hereby made a corpora-
tion and body politic, by the name and style of the pre-
sident and directors of the Havre-de-Grace Bank, and
by that name shall be and are hereby made able and capa-
ble in law to sue and be sued, plead and be impleaded,
answer and be answered, defend and be defended in any
court of record, or any other place whatsoever, and also
to make, have and use a common seal, and the same to
break, alter and renew at pleasure, and to make, issue and
negotiate notes, and generally to do and execute all such
acts, matters and things as to them shall appertain under

Proviso.

the clauses of this act provided always, that no note shall
be issued or put in circulation by said bank for a less

Treasurer to
be furnished
every year or
oftener with
amount of ca-
pital.

sum than five dollars.
Sec. 24. And be it enacted, That the treasurer of the
state for the time being, shall be furnished once every
year or oftener, if required, with statements of the a-
mounts of the capital stock of the said corporation and
of the debts due to and from the same, of the moneys de-
posited therein, of the notes in circulation, of the cash
and property on hand, and of the profits made; and shall
have a right to inspect such general accounts in the books
of the bank as shall relate to said statement, but nothing
herein contained shall be construed to imply a right of
inspecting the accounts of private individual or individu-



 
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Session Laws, 1843
Volume 595, Page 183   View pdf image
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