218

LAWS OF MARYLAND.

1612.

any number of stock-holders not less than thirty, and
holding not less than three hundred shares, may at any
time call a general meeting of the stock holders for
objects relative to the interest of the company, and
giving not less than two months notice thereof in
some one of the public prints in the city of Baltimore.

President, di-
rectors, &c.
shall take oaths
or affirmations
and give bonds.

19. AND BE IT ENACTED, That before the
president and directors shall act as such, they shall
take an oath or affirmation, that they will faithfully,
diligently and honestly perform the duties of their
station; and the cashier, book-keeper and clerks shall
also take a similar oath or affirmation, and shall be-
sides give bonds, with security to the satisfaction of
the board of directors, for the faithful discharge of
their duties in their several stations.

Notes offered
for discount, &c.
Notices,

20. AND BE IT ENACTED, That all notes
offered for discount by any person, shall, on the face
thereof, be made negotiable at the Farmers' Bank of
Somerset and Worcester; and when the drawer shall
not reside in the town in which it shall have been de-
termined to fix the bank, such note shall be made pay-
able at the house of some person in the town aforesaid;
and notice given by the proper servant of the bank at
the said house that such note hath become due, shall
be to all intents and purposes held and considered to
be as completely binding on the drawer and endor-
sers, as if notice had been personally served on each
of them.

Persons com-
miting frauds.

21. AND BE IT ENACTED, That any direc-
tor, officer or other person, having any share or capi-
tal of the said bank stock, who shall commit any fraud
or embezzlement 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; and upon conviction thereof, shall,
besides the remedy that may be had by action in the
name of the president and directors of the Farmers'
Bank of Somerset and Worcester for the fraud afore-
said, forfeit all his share or stock in the said bank, to
the company.

Persons who
shall become
subscribers in-
corporated—
their powers,
&c.

29. AND BE IT ENACTED, That all persons
who shall become subscribers to the said bank, their
successors or assigns, shall be, and are hereby made a
corporation and body politic, by the name and style
of "The President and Directors of the Farmers' Bank
of Somerset and Worcester; " and by that name shall
be and are hereby made able and capable in law to
sue and be sued, plead and be impleaded, answer and
be answered, defend and be defended in any court of