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ties; Fifth, the corporation shall in no case deal,
trade, or be concerned in anything but notes, bills of
exchange, mortgages, stock of the United States, and
stock of the State of Maryland, or bullion, except in the
case of debts due to them, when they shall be fully em-
powered to take any kind of security which they can
obtain; nor shall the corporation in any case, directly
or indirectly, be concerned in trade, or the importation
or exportation, purchase or sale, of any goods, wares
or merchandise, lands, tenements, or hereditaments
whatsoever, except such as shall be pledged to them
by way of security, or for debts due, owing or grow-
ing due to the said corporation, or purchased by them,
to secure such debts due to the said corporation;
neither shall the company take more than at the rate
of six per centum per annum for or upon their loans
or discounts; Sixth, the president and directors may
discount notes or bills at any length of time, not ex-
ceeding twelve months; Seventh, the president and
four directors shall constitute a board for the transac-
tion of business; but ordinary discounts may be done
by the president and three directors; Eighth, in case
of sickness, or necessary absence of the president,
his place may be supplied by a director to be appointed
president pro tempore by the President, or in case of
his inability or omission to make the appointment, by
the directors for the time being; Ninth, in case of
death, disqualification, resignation or removal of the
president, the directors shall meet as soon as can be
thereafter, and elect another person for president for
the residue of the year; Tenth, the president and di-
rectors may call a general meeting of the stockhold-
ers for any purpose relative to the institution, giving
at least six weeks notice in one or more newspapers
printed in the cities of Baltimore and Annapolis,
specifying in such notice the object or objects of such
meeting, and any number of stockholders not less than
thirty, who together, shall be proprietors of not less
than five hundred shares, may at any time apply to
the president and directors to call a general meeting
of the stockholders, giving at least sixty days notice
in one or more of the newspapers printed in the cities
of Baltimore and Annapolis, and specifying in such
notice the object or objects of such meetings; Elev-
enth, the dividend of the profits of said corporation,
or so much of the said profits as it shall be deemed
expedient and proper to divide, shall be declared half
yearly in the months of May and November, and pay-
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