T. WATKINS LIGON, ESQUIRE, GOVERNOR.

527

deposited therein, of the notes in circulation, of the
cash on hand, specifying the amounts of coin, and of
the notes of other banks, of the value of real estate,
of the amount and value of public or other stocks held
and owned by said corporation said statement; to
shew the condition of the corporation in the said par-
ticulars, on the first Monday in January in every year,
and the said corporation shall publish said statement
so made to the treasurer, in one or more newspapers
published in Cumberland.

SEC. 10. And be it enacted, That the stockholders
and directors of said Frostburg Bank, shall be liable
to the amount of their respective shares of stock in
said bank for all its debts and liabilities upon note,
bill, or otherwise, and no director or other officer of
said bank shall borrow any money from said bank.

Stockholders

liable.

SEC. 11. And be it enacted, That the bank hereby
authorised, shall be subject to all the duties, restric-
tions, limitations and conditions of an act passed at
January session eighteen hundred and fifty three,
chapter four hundred and forty one, entitled, "an act
to continue the corporate existence of the several
banking institutions therein mentioned," and also, the
act passed at January session eighteen hundred and
fifty four, chapter one hundred and fifty two, entitled,
"an act to repeal so much of the act of eighteen
hundred and fifty three, chapter four hundred and forty
one, as restricts the issue of bank notes by the several
banking corporations in this State, to the amount of
the capital stock actually paid in.

Subject to re-
strictions and
limitations.

SEC. 12. And be it enacted, That this act shall
take effect from its passage.

CHAPTER 341.

In force.

AN ACT regulating the licenses of Hawkers and
Pedlars.

Passed Mar.
10, 1856.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That from and after the first day of
May next, it shall not be lawful for any hawker or

Not lawful.