3833.

LAWS OP MARYLAND.

CHAP. 98.	money deposited in the said Bank shall not be considered as the debts of the Bank within the provisions of this clause, unless the contracting of any greater debts shall have been previously authorised by law of the state.
Notes, how assigni ble	18th, All bills and notes which may be issued by order of the said corporation, signed by the President, and coun- tersigned 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 seal of the said corporation, shall be binding and obligatory upon the same, in like man- ner, and with the like force aad effect as upon any private person or persons, if issued by him or them in his or their private capacity or capacities; and shall be assignable and negotiable in like manner, 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 or her, or their or- der, shall fee assignable by an endorsement in like manner, and with like effect as foreign bills of exchange now are,
Of less than $5 prohibited	and those which are payable to bearer shall be negotiable, or assignable by delivery only; provided, that it shall not be lawful for the said Bank to issue notes of a less denomina- tion than five dollars.
Right to tax reser- ved	Sec. 14. And be it enacted, That nothing contained in this act shall be construed to restrict the right of the Le- gislature to impose from time to time, and at all times here- after, such reasonable tax upon the property, real, personal and mixed, in which the capital stock of the Bank hereby incorporated, shall be invested, in common with similar pro- perty of any other corporation of this state.
Limitation	Sec. 15. And be it enacted, That this act shall continue in force until the year eighteen hundred and forty-five, and to the end of the next session of the General Assembly thereafter.
School tax	Sec. 16. And be if enacted, That the said bank shall pay to the Treasurer of the western shore the sum of twenty cents, upon the amount of every hundred dollars, subscrib- ed and actually paid in, for each and every year during the continuance of its charter, which sum shall be, and the same is hereby pledged by the state as a fund for the pur- pose of supporting free schools, to be equally divided among the several counties of this state, and paid over in equal proportions to such persons in each county as the Legislature have appointed, or may hereafter appoint.
Dealing in shares of stock prohibit-	Sec. 17. And be it enacted, That it shall not be lawful for the corporation afoiesaid, to receive or accept any of