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Dec. Sess.
1814.
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any court of record in this state, by any creditor or credit-
ors of said corporation, and may be prosecuted to judg-
ment and execution, any condition, covenant or agreement
to the contrary notwithstanding; but nothing herein coo:
tained shall be construed to exempt the said corporation, or
the lands tenements, goods and chattles, of the same, from
being also liable for, and chargable with the said excess;
and such of the said directors who may have been nb-
sent when the said excess was created, or may have dis-
sented from the resolution or act whereby the same was
created, may respectively exonerate themselves from be-
ing so liable, by forthwith giving notice of the fact and
of their absence or dissent, to the stockholders at a ge-
neral meeting, which they shall have power to call foe
that purpose.
The President and directors may discount notes or bill*
at any length of time, not exceeding six months, but may
renew the same, from time to time, at pleasure, and shall
not receive on loan or discount more than at the rate of.
six per centum per annum.
All bills and notes which may be issued by order of the
said corporation, signed by the president, and counter-
signed by the cashier thereof, promising the payment of
money to any person or persons, his, her, or their order
or to bearer, though not under the seal of the said cor-
poration, shall be binding and obligatory upon the same,
in the like manner, and with the like force and effect, as
upon any private person or persons if issued by him or
them in his or their private or natural capacity or capaci-
ties, and shall be assignable and negotiable in like man-
ner as if they were so issued by such private person or
persons; that is to say, those which shall be payable to
any person or persons, his, her, or their order, shall be
assignable by endorsement, in like manner, and with,
the like effect, as foreign bills of exchange now are; and
those which are payable to bearer shall be negotiable or
assignable by delivery only.
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Management
of affairs--elec-
tions.
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6. AND BE IT ENACTED, That the affairs of the
bridge and bank company shall be managed by nine di-
rectors and a president, who shall be elected at such
place as the commissioners, or the president and direc-
tors, shall from time to time appoint, and in the manner
prescribed by the act to which this is a supplement; and
the said directors, and those from time to time elected,
shall and may appoint from amongst the stockholders, a
president.
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Cashier shall
be treasurer.
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7. AND BE IT ENACTED, That the cashier of the
bridge and bank company shall be treasurer of the tolls
collected on the bridge, and shall account with the pre-
sident and directors of the bank, from time to time, when
called on for the same.
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