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CHAP. 134.
No proxy to be
given to any offi-
cer, clerk or di-
rector
Judges of election
permitting person
to vote as attorney
to be guilty of a
misdemeanor, &c
Directors not enti-
tled to discount or
any other terms
than other persons
No person to be
elected director of
any bank, who is
associated in busi-
ness with any per-
son who is a direc-
tor of the same
bank
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vote at any such election as attorney, proxy or agent, for any other
person, copartnership or body politic, without a power for that
purpose, duly executed in the presence of a witness, and filed in
the bank, and on which power shall be endorsed the oath or affir-
mation of the person, or one of the copartners, or of the head, or
some of the officers of the body politic granting such power, in the
words following: "I , do solemnly swear, for affirm, as the
case may be,) that I am, (or that the copartnership consisting of,
myself and ------ are, or that the corporation known by the name
of , is, as the case may be,) truly and in good faith the own-
er, (or owners as the case may be,) of the shares in the capital
stock of the bank specified in the within power of attorney, and
of no other shares therein, that no other person has any interest
in the said shares directly or indirectly, except as stated in the said
power, and that no other power has been given to any person which
is now in force to vote for me, (or for the copartnership, or the body
politic aforesaid, as the case may be,) at any election of directors
of the said bank," which oath or affirmation shall be taken before
a notary, judge, or justice of the peace, and shall be certified by
him, and that no such power shall be used or valid, but at and for
the election next ensuing the date thereof.
2. And be it enacted, That no proxy or power of attorney as
aforesaid shall be given to any person, who at the time of giving
it shall be an officer, clerk or director, of the bank to which it shall
relate, and that any proxy or power given to any such person shall
be and hereby is declared to be void,
3. And be it enacted, That if the judges of any election of di-
rectors, to be held as aforesaid, shall permit any person whatever
to vote as attorney, agent or proxy, for any other person, or for
any copartnership or body politic, without a power for that purpose
as prescribed in the foregoing sections, with the oath or affirmation,
and certificate aforesaid, such of the said judges as shall consent
thereto, shall severally be deemed guilty of a misdemeanor, and
on due conviction thereof, shall be subject to a fine not exceeding
two thousand dollars, or to imprisonment not exceeding one year,
at the discretion of the court before which such conviction shall be
had; and if any person shall wilfully swear, or affirm falsely, in
taking any oath or affirmation prescribed by this act, such person
so offending, shall, upon due conviction thereof, be subject to the
pains and penalties which are by law prescribed for the punishment
of wilful and corrupt perjury.
4. And be it enacted, That no director of any of the banks afore-
said shall be entitled to any accommodation or discount as such, or
on any other terms than other persons.
5. And be it enacted, That no person shall be elected a director
of any of the said banks, who shall be in copartnership or associ-
ated in any trade, business or profession, with any person who is
at the time a director of the same bank, and if any person shall be
elected a director of any bank, contrary to the provisions of this
act, such election shall be and hereby is declared to be void.
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