1845.

LAWS OF MARYLAND.

CHAP. 373

Issues forbid.

SEC. 29. And be it enacted. That nothing in this act
shall be construed as to authorise said corporation to is-
sue, any note, token, scrip, device or other evidence of
debt to be used as currency.

In force until
1867.

SEC. 30. And be it enacted, That this act shall con-
tinue and be in force until the year eighteen hundred and
sixty-seven, and until the end of the next session of As-
sembly which take place thereafter; and that the legis-
lature reserves to itself the light to alter or annul this act
of incorporation at pleasure.

CHAPTER 373.

Passed Mar
10, 1945.

An act entitled, a supplement to an act entitled an act to
renew the charter of the Havre-de-grace Bank with mo-
difications.

Stock to be
subscribed.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That the capital stock of the Havre-de-grace
Bank shall be subscribed for under the direction of Wil-
liam Sappington, Otho Scott, Nathan W. S. Hays, Ja-
cob Hoke, William W. Virdin, Francis J. Dallam,
Thomas C. Hopkins, Jacob Tome, James T. Sullivin,
Joseph J. Heckart and William P. C. Whitaker at
Havre-de-grace or any other place or places that a ma-
jority may direct; and it shall be the duty of the commis-
sioners appointed to receive subscriptions, to wit; Wil-
liam Sappington, Otho Scott, Nathaniel W. S. Hays,
Jacob Hoke, William W. Virdin, Francis J. Dallam,
Thomas C. Hopkins, Jacob Tome, James T. Sullivin,
Joseph J. Heckart and William V. C. Whitaker, and
conduct every operation of the proposed institution, until
they shall be superceded by the appointment of directors.

Fifty thousand
dollars to be
paid in.

SEC. 2. And be it enacted, That the said bank shall
and may go into operation when fifty thousand dollars
shall have been paid in by the stockholders, one fourth of
said amount to be paid in gold and silver; and the said
corporation shall, in consideration of the corporate privi-
leges hereby granted, pay to the State of Maryland, twelve
hundred and fitly dollars in two equal annual instalments,
commencing on the thirtieth day after said bank shall
have gone into operation, and for each and every one
thousand dollars of capital paid in, over and above the

said fifty thousand dollars, said bank shall pay to the
State twenty-five dollars.