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Session Laws, 1812 (Special Session)
Volume 661, Page 3   View pdf image
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LAWS

OF THE

STATE OF MARYLAND.

ROBERT BOWIE, Esq. GOVERNOR.

CHAPTER 1.

An Act authorising the several banks in this state to

Loan Money to the United States.

Passed June 18

1812.

Sec 1 BE IT ENACTED By the General As-
sembly of Maryland, That each of the several banking
institutions within the state of Maryland, be, and here-
by is authorised to loan to the United States, any sum
of money not exceeding in amount one third of its ca-

pital actually pain in.

Amount not to
exceed one
third of the ca-
pital paid in.

BE IT ENACTED, That all loans hither-
to made by any banking institution of this state, to the
United States, are hereby declared to be as legal and
valid to all intents and purposes, as if such loans had
been made by and with the consent of the legislature
of this state.

Former loans to
the U S. de-
dared to be le-
gal.

CHAPTER 2.

 

A Supplement to an act entitled "An act to estab-
lish a Bank and incorporate a Company under
the name of the Cumberland Bank of Allegany"

Passed June 18,
1812.

Sec 1. BE IT ENACTED by the General As-
sembly of Maryland, That the name and title of the
Cumberland Bank of Allegany, be, and the same is
hereby changed and altered to that of the Cumberland
Bank of Alleghany; and the subscribers to said bank,
their successors and assigns, shall, by that name and

Name and title
of the bank
changed.



 

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Session Laws, 1812 (Special Session)
Volume 661, Page 3   View pdf image
 Jump to  
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