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thias, Tobias Cover, Samuel McKinstry, William
Haines, David Foutz, Sterling Galt, John Cover, John
Swope, John B. Boyle, Silas Hibbard, James C. At-
lee, Samuel Ecker, Jacob Landis, Jacob Roop, Wil-
liam Baile, George Kephart, James Grouse, Jacob
Morelock, Joshua C. Gist, Stephen Gorsuch, Henry S.
Davis, Cornelius Grimes, or any three or more of
them, on the first Monday of May next, and remain
open for two days, of which they shall give notice in
the two papers published in Westminster, and in
one published in Frederick, and one in the city of
Baltimore, from ten to five o'clock each day, but if
the whole number of shares shall be subscribed at any
time before the expiration of said term of days, then
and immediately after the same shall be so subscrib-
ed, no person, co-partnership, or body politic in per-
son or by attorney, shall, during the remainder of the
term of days aforesaid, be permitted to subscribe for
more than ten shares; but in 'case the subscription
shall exceed the capital, the excess shall be reduced
within the proper limit, by subtracting from the sub-
scription highest in amount, a share or more shares
until the same be made equal to the subscription or
subscriptions next highest in amount, and as often as
the case may require, they shall so proceed to subtract,
until the aggregate of all the subscriptions be reduced
to the proper limit, and if by and after the operation
of subtraction, as often as the same shall be made and
necessarily repeated as aforesaid, a greater number of
shares may be allowed to one or more of the subscri-
bers from whose shares such subtractions shall have
been made, then the rest, or if the number of sub-
scriptions shall eventually be greater than the num-
ber of shares, so that at least one share cannot be al-
lowed to each and every subscriber, then and in ei-
ther of the above cases, the commissioners shall as-
certain by lot in whom the greater number of shares,
or the right of subscription for and retaining one
share, as the case may be, shall be vested.
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CHAP. 268.
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SEC. 3. And be it enacted, That every subscriber
shall pay to the commissioners at the time of subscrib-
ing, the sum of two dollars and a half in specie on
each share so subscribed, and the further sum of two
dollars and a half, one half in specie, in sixty days
thereafter, and the remaining twenty dollars on each
share to be paid at the said bank as the board of di-
rectors may call for, the same giving two mouths
notice in the newspapers aforesaid of such call, but
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Instalments--
how paid in.
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