LEVIN WINDER, ESQ. GOVERNOR.

27

than two months notice thereof, in some one of the public
prints in the city of Baltimore.
32. AND BE IT ENACTED, That all that part of the
act entitled, "An act to incorporate a Bank, to be called
by the name of the Farmers' Bank of Somerset and Wor-
cester,'' which authorises the stock-holders of Somerset
to elect eight directors in said Bank, in Somerset county,
shall be, and is hereby repealed; and the stock holders
of said Bank, shall be entitled to elect sixteen Directors,
eight of whom to be resident in Worcester county, and
the remainder to be elected from the stock-holders at
large.

DEC. SESS.
1813.

Repeal of part
of an act Elec-
tion of direct-
ors.

33. AND BE IT ENACTED, That this act shall con-

tinue in force, until the expiration of the year eighteen
hundred and fifteen, and to the end of the next session of
Assembly thereafter.

CHAPTER 33.

Term of incor-
poration.

An act to establish a Bank, and incorporate a Company
under the name of the Conococheague Bank, in Willi-
amsport, in Washington county.

Passed Jan. 7,
1814.

Section 1. BE IT ENACTED by the General Assem-
bly of Maryland, That a Bank to be called and known by
the name of the Conococheague Bank, shall be established
in Williamsport, in Washington county.

Bank estab-
lished.

2. AND BE IT ENACTED, That the capital stock of
this Bank, shall consist of two hundred and fifty thousand
dollars, money of the United States, divided into ten thou-
sand shares of twenty-five dollars each: one thousand
shares thereof shall be reserved for the use and benefit of
the state, to be subscribed for in such manner as the Legis-
lature may direct.

Capital.
Number of
shares. Shares
reserved.

3. AND BE IT ENACTED, That books for the sub-
scription of nine thousand shares of the said stock, shall be
opened at Williamsport, by the directors hereinafter na-
med, or a majority of them, on the first Monday of April
next; and the directors who shall meet on the day so ap-
pointed for receiving the said subscriptions, shall cause
the said books to be opened at the place or places by them
agreed upon, at ten o'clock in the morning, and continue
the same open until five o'clock in the afternoon: and if
the subscriptions shall exceed the number of shares as
above, then the said directors are hereby authorised so to
apportion the shares subscribed among the several sub-
scribers, as to exclude no one subscriber from a partici-
pation in the said stock, and as may reduce the whole to
the number to be subscribed for; but if the said subscrip-
tions shall not be filled upon the first day, the said direct-
ors shall have power to adjourn from day to day, until
the whole number of shares shall be subscribed for; and
at any time after the first day when the said subscriptions
shall be complete, it shall be the duty of the said direct-
ors, immediately to close the books; and these only who

Subscription
books opened.
Shares apporti-
oned. If not
filled. Books
closed, Direct-
ors.