Daily National Intelligencer (Washington City [D.C.])
February 22, 1813
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-AN ACT TO ESTABLISH A BANK IN THE CITY OF BALTIMORE, TO BE CALLED The City Bank of Baltimore. WHEREAS, sundry 1 inhabitants of the Citv of Baltimore in behalf of themselves, an I other of their fellow citizens, have-peti tioned this General Assembly, setting forth that they are desirous of establishing a Bank in the City of Baltimore under the name and style of the President, Directors and Com pany of the Citv Bank of Baltimore, and praying that an act may be passed to incorpo rate the same: And whereas the agricultural, commercial and manufacturing interests of this state may be greatly promoted by such an institution.—-Therefore, Be it enacted, by the General Assembly of '.L.rvland, That a Bank shall be established in the city of Baltimore, the original capital stock whereof shall be one million live hun dred thousand dollars and shall be divided into sixty thousand shares ot twenty-five dollars each, and that subscriptions towards constituting the said Stock shall, ontliefiist Monday in March next, be opened at the City of Baltimore, for the City and County of Baltimore, for thirty-four thousand four hundred shares, under the superintendance of Robert Patterson, Charles Gwyn, John Hoff man, Henn Didier, junior, Samuel Hollings worth, William Pinkney, George J. Brown, Samuel G. Griffiith, Lewin Wethered, Robert Barry, William H. Dorsey, James Barroll, Ri chard Frisby, John M’Kim junior, Thomas Elli cott, Govert Haskins, John Donnell, James Sterrett, Peter A. Karthaus, Samuel Chase. And be it enacted, That twenty-one thou sand and six hundred shares of the said stock be reserved for the use of the citizens of the several counties of this state, to wit: Halford County, twelve hundred shares under the superintendence of Messieurs John Moores, Henry Dorsey and John Sanders. Ctecil County, for twelve hundred shares under the superintendance of Messieurs Lamoert beard, Samuel Hayes and James Janney. Kent Coun ty, for twelve hundred shares under the super intendance of Messieurs Thomas Worrell, Wil liam Bai roll and Benjamin Chambers. I’albot county, for twelve hundred shares under the superin tendance of Messieurs John Goldsbo rough, John Meredith and James Ringgold. Queens Ann’s county, for twelve hundred shares under the superintendance of Messieurs Wil liam Chambers, James Brown and Richard 1. Earle. Dorchester county, for twelve hun dred shares under the superintendance of Messieurs Richard Qoldsborough, Richard Hayward and James Chaplain. Somerset coun ty, for twelve hundred shares under the super intendance of Messieurs John Stewart, George W. Jackson and Thomas Bayly. Worcester county, for twelve hundred shares under the superintendance of Messieurs Ephraim K. Wil son, Joshua Pridaux, and John S. Martin. Saint Mary’s county, for twelve hundred shares under the superintendance oi Messieurs John R. Plater, Geiraid Newton Causin and Enoch J. Millard Prince Georges’ county, for twelve hundred shares under the superindance of Messieurs John Hodges [of Thomas], George Calvert, and William B. Beanes. Calvert coun ty, for twelve hundred shares under the super intendance of Messieurs Peter Emerson, Mi chael Taney, senior, and Joseph Ireland. Anne Arundel county, for twelve hundred shares un dred shares tinder the superintendance of Messieurs Henry Maynadier, Lewis Duvall and William H. Marriot. Montgomery county,for twelve hundred' shares under the superinten dance of M ssieurs Bernard Gilpin, ypton Beall and Thomas P. Wilson. Frederick coun ty, for twelve hundred shares under the super intendance of Messieurs George Baer, John Hanson Thomas, John M Pherson, John Gia ham and Richard Brook. Washington county, for twelve hundred shares under the superin. tendance of Messk urs Jacob Schnebly, Fris by Tilghman,William Heyser,Martin Kershner, and Alexander Niell. Allegany county, for twelve hundred shares under the superinten dance of Messieurs William M’Mahan, Beal Howard and Roger Perry. Caroline county, for twelve hundred shares under the supcrin dance of William Richardson, William Hugh- Ictt and John Tillm.son. Charles county, for twelve hundred shares under the superinten dence of Caleb Hawkins, John Ferguson and John B. Wills. That four thousand shares thereof be reserved for the use and bene fit of the state of Maryland, to be subscribed for by the said state when desired by the legislature thereof, and that a majority of the said com missioners at the places above mentioned re spectivcly, shall be sufficient to perform the unties oftheir appointments, and tiiat they shall keep the subscription open, for at least the term of three days, and if not completed at the expiration of that term, then they shall keep the same open for ten days thereafter, unless sooner completed, and no longer, but if the sub script ion shall be filled at any time before the expiration of the said term of three days, then and immediately after the same shall be so filled, no person, co-partnership or body po liiic shall during the remainder of the term of three days aforesaid be permitted to subscribe for more than twenty shares. And be it enacted, That the said commission ers shall giye thirty days notice of the time and place of opening the said subscriptions in some newspaper, and that each subscriber at the time of subscribing shall pay into the hands of the said commissioners the sum of five dollars on each share so subscribed, and that the further sum of twenty dollars shall be paid on each share of stock in the said Bank, bv the proprietors thereof to the President and Directors of the City Bank of Baltimore, or their successors as the case may be, in instal ments not exceeding five dollars of the said sum in each instalment, and at such times as the said President and Directors or their suc cessors may appoint and require, but the in stalments aforesaid, or any of them, shall not be required without first giving six ty days notice in two or more of the newspa pers printed in the city of Baltimore, one in the city of Annapolis, one in Georgetown, one in Fi eJerick Town, one in Hager’s Town, and one in Easton, .Ind bait enacted, That as soon as two hun dred thousand dollars have been actually paid to the commissioners aforesaid, on account of the subscriptions to the said stock, notice there of shall be given to the stockholders in at least two public newspapers printed in the city of Baltimore, the city of Annapolis, Georgetown, Frederick Town, Hager’s Town and Easton, and the said commissioners shall at the same time and in like manner notify a time and place, within the said city, at the dis tance of sixty days from the t ime of such noti fication for proceeding to the Election of Direc tors, and it shall be lawful for such election to be then and there made, and the persons then and there chosen shad be the first directors, and shall be capaoie of seiv ng by virtue of such choice, until their successors shall be duly elected in pursuance of Ibis act. Jhnl be it enacted, That all subscriptions, and the shares obtaned in consequence there of shall be deemed and held to be the right and property of and for the sole and exclusive use and benefit of the persons, copartnerships, or bodies politic, respectively, subscribing, or i whose behalf he subscriptions respectively shall be declared to be made, at the time of making the same, and all bargains, contracts, promises, agreements, and engagements, in any wise contravening this provision, shall be void, and the persons, copartnerships, or bodies politic, respectively, so subscribing or for whose use the subscriptions shall be declared to be made as aforesaid, shall have, enjoy and receive, the share and shares respectively, in consequence thereof obtained, and all the inter est and emolument thence arising, any such bargains, contracts, promises, agreements or engagements, to the contrary thereof in any wise notwithstanding Provided however, that no subscription shall be received' at the differ ent places in the several and respective counties above mentioned, during the three first days, except in the name of a person or persons re siding in the county where such subscription is taken. And be it enacted, That it shall be lawful for any person, co-partnership and body politic, in person or by attorney, to subscribe for a abate, or any number of shares, not exceeding twenty shares in any one day, except in the cases above provided for, and except also as shall be herein after directed, relatively to the state of Maryland, but in case the amount of the subscriptions in any of the places above mentioned shall exceed the number of shares there allowed to be subscribed, the excess thus created shall be reduced within the num ber of shares authorised to be subscribed at such places respectively, in the manner follow ing that is to say, from the subscription and subscriptions highest in amount, file respective commissioners, or a majority of them, shall subtract a share or shares, until the same be made equal to the subscription or subscriptions next highest in amount; and as often as the case shall require, they shall so proceed to sub tract a share or shares from the subscription and subscriptions remaining, from time to time, highest in amount, until the aggregate of all the subsrriptions be reduced to the number of shares authorised to be subscribed at the places above mentioned respectively and if by and after the operation of such subtraction, (as often as the same shall be made and necessarily repeated as aforesaid,) a great number of shares may 7 be allowed to one or more of the subscribers from whose shares such subtrac tion shall have been made than to the rest, or if the number of subscriptions shall eventually be greater than the number of shares authorised to be subscribed at the places above mentioned respectively, so that at least one share cannot be allowed to each and every subscriber, then, in either of the above cases, the respective commissioners shall ascertain by lot, in whom the greater number of shares, or the right of subscribing for and retaining one share, (as the case may be) shall be vested, and the person or persons in whose favor the lot may thereupon fall, shall be deemed to all intents and purposes the lawful subscriber, and subscribers for such share and shares respectively and the amount of the share and shares subscribed for shall be paid by the several and respective subscribers at the times and in the proportions herein after directed. And be it enacted, That each and every of the said commissioners are hereby required and di rected to return, at the expiration of sixty days, or within ten days thereafter, the respective subscriptions, taken under their and each of their direction, to the said commissioners of Baltimore City and if the said number of shares shall not have been subscribed at any one of the places aforesaid, in manner herein be fore mentioned, or if subscribed, and return thereof shall not be made to the commissioners at the city of Baltimore aforesaid, within the time herein limited, the subscriptions not so returned shall be forfeited, and it shall and may be lawful for the said commissioners of the city of Baltimore, to open other subscrip tions for supplying the said unsubscribed or unreturned shares, in the city of Baltimore, un der the provisions, limitations and regulations aforesaid and the said commissioners or a ma jority of them, shall give sixty days notice thereof, before the opening of the said sub scriptions. And be it enacted, That all such persons as shall become subscribers to the said bank, their successors and assigns shall be and are hereby created and made a corporation and body poli tic, by the name and style of The President, Directors and Company of the City Bank of Bal timore,'’ and by that name shall be, and are hereby made able and capable in law, to have, purchase, receive, possess, enjoy and retain, to them and ’heir successors, lands, tenements, hereditaments, goods, chattels and effects, of what kind, nature and quality soever, and the same to grant, demise, alien or dispose of, to sue and be sued, pleaded and be impleaded, answer and be answered, defend and be defend ed, in any courts of record, or any other place whatsoever, and also to make, have and use a commbn seal, and the same to break, alter and renew, at pleasure, and also to ordain, estab lish and put in execution, such bye-laws, or dinances and regulations, as shall seem neces sary and convenient for the government of the said corporation, not being contrary to law, or to the constitution thereof, for which pur pose general meetings of the stockholders shall and may be called, by the directors, and in the manner hereafter specified, and generally to do and execute all such acts, matters and things as to them shall or may appertain to do, sub ject nevertheless to the rules, regulations, re strictions, limitations and provisions, hereafter specified and declared. And be it enacted, That there shall be Six teen Directors, of whom there shall be an election on the first Monday in June of each year, or within ten days thereafter, by the stockholders or proprietors of the capital stock of the said corporation, and by plurality of the votes actually given; and those who shall be duly chosen at any election shall be capable of serving as directors by virtue of such choice until the en|d or expiration of the first Monday in June next, ensuing the time of such elec tion and no longer, except in case of failure of election on the day appointed, and in that case until such election takes place, and the said directors, at their first meeting after each elec tion shall choose one of their numbers as presi dent, but no subscriber shall be permitted to votes for directors on the first election who has not paid to the commissioners aforesaid the sum aforesaid directed to be paid to the said com missioners, nor shall any stockholder at any time be permitted to vote at any occasion where vote are taken, for such share or shares as he or they have failed to pay, any instalment required by the-said directors in manner herein before provided. And be it enacted, That from and after the year Eighteen Hundred and Fifteen, not more than Eleven Directors in office elected by the the Stockholders shall be eligible for the next succeeding year, and so at each and every sue ceeding election thereafter. And be it enacted, In case it should so hap pen that an election of directors should not be made upon any day when pursuant to this act it ought to have been made, the said cor poration shall not for that cause be declared to be dissolved, but it shall be lawful on any other day to hold and make an election of Directors in such manner as shall have been regulated by the laws and ordinances of the said corporation, and in case of the death, resignation or absence from the state or re moval of a director by the stockholders, his place shall be tilled up by a new choice made by 7 the directors chosen as aforesaid, for the remainder of the year or until the next election by the stockholders. And be it enacted, That the President and each Director, before he enters upon the du ties of his office, shall take the following oath or affirmation, as the case may be, I do solemly swear (or afirm) that I will faithful ly, diligently, impartially and honestly execute the duties of in the City Bank of Balti more, conformably to the constitution of the same and the trust reposed in me, to the best of my skill and judgment and the Cashier Teller, Book-keepers and other officers and servants of the said Bank, shall take a similar oath or affirmation. And be it enacted, That the Cashier, Teller, Book-keepers and other officers and servants of this bank, shall give bonds with security to the satisfaction of the President and Directors of the said Bank for the faithful discharge of their duties. And be it enacted, That as soon as Thirty Thousand shares shall be subscribed or two hundred thousand dollars shall have been ac tually paid to the commissioners on account of the subscriptions to the said stock, notice thereof shall be given by the said commis siomers in at least two public gazettes, print ed in the city of Balimore, and one at Anna polis, Georgetown, Frederick Town, Hager’s Town and Easton respectively, and the said commissioners shall at the same time in like manner notify a time and place within the said city at the distance of sixty days from the time of such notification for proceeding to the election of directors, and it shall be lawful for such election to be then and there made, and the persons who shall then and there be chosen shall be the first directors, and shall be capable of serving by virtue of such choice, until their successors shall be du ly elected in pursuance of this act, and shall, as soon two hundred thousand dollars are actually paid, and not before, commence the operations of the said bank in the city of Baltimore aforesaid. And be it enacted, That the commissioners aforesaid shall immediately provide in the said City of Baltimore a proper house for carry ing on the business of the Bank together with all necessary paper, stationary, vaults and utensils, suitable to the same, so that as soon as the Directors are chosen the opera tions of the bank may be immediately and without loss of time entered upon and carried into effect. And be it enacted, That if any stockholder shall fail to pay on his or her stock such in stalment or instalments as may be demanded or required in manner aforesaid, the dividend or dividends thereafter to be paid to such stock holder (as well upon the money by him or her regularly paid as upon the money paid after default) shall be calculated only from the time when such last mentioned instal ments shall be made good. And be it enacted, That no subscriber or stockholder, or member of the said company shall be answerable in his person or individual property for any contract or engagement of said company, or for any losses, deficiencies or failures of the capital stock of said com pany, but the whole of the said capital stock, together with all property, rights and credits belonging to the said institution, and nothing more, shall at all times be answerable for the demands against the said company. And be it enacted, That whenever the state shall become a stockholder to the amount of forty thousand dollars, she shall be entitled to appoint two directors, and when the state shall be a stockholder to the amount of one hundred thousand dollars she shall be entitled io three directors, and the election of said directors shall be made by joint ballot of both Houses during the session of the Gene ral Assembly at which such investment shall be made or directed to be made, and annually thereafter. And be it enacted, That the directors for the time being shall have power to appoint a cashier and such other officers and servants under them as may be necessary for execut ing the business of the said corporation, and to allow to them, and to the President, such compensation for their services respectively, as shall by them be deemed reasonable. And be it enacted, That the President and Directors for the time being may make all such rules, orders, by-laws and regulations for the government of the said corporation, its officers and servants, as they or a majority of them from time to time shall think fit, not inconsistent with law, or the provisions of this act, and the same at pleasure to revise, alter and annul, and may use, employ and dis pose of the funds, money and credits of the said bank, as they, or a majority of them may deem expedient, subject however to the res trictions and limitations hereinafter mention ed, and the books, papers, correspondence and funds of the corporation shall at all times be subject to the inspection of the di rectors. And be it enacted, That the following rules restrictions, limitations and provisions, shall form and be the fundamental articles of the constitution of the said corporation, to wit— The number of votes to which each stock holder shall be entitled, shall be according to the number of shares he shall hold in pro portions following, that is to say, for one share and not more than two shares, one vote each for every two shares above two, and not ex ceeding ten, one vote for every four shares above ten, and not exceeding thirty, one vote for every six shares above thirty and not ex ceeding sixty, one vote for every eight shares above sixty, and not exceeding one hundred, one vote; and for every ten shares above hat number, one vote but no person or persons, or body politic, shall be entitled to a greater number than fifty votes, and no share or shares shall confer aright of suffrage which shah not have been holden four calender months previous to the day of election. All stockholders except females, living in the city of Baltimore, or within five miles thereof, shall vote in the choice of directors by bal lot, in person, but every stockholder living more than five miles from said city, and every female stockholder may vote in person or by written ballot, by him or her subscribed with his or her name, and said ballot shall be seal ed up and addressed to the cashier of the bank, and being transmitted before the time of the election, shall be received and counted in the election. No person who is not a citizen of the United States shall be entitled to vote in a ny election of this corporation. None but a stockholder shall be eligible as a director, except in the case of directors chosen by the state. No director of any other bank, nor any per son who is a partner in trade with a direct or of any bank, shall be a director in this bank, and the president and directors for the time be ing shall give six weeks notice in two or more of the newspapers printed in the city of Balti more, one in the city of Annapolis, one in Georgetown, one in Fredericktown, one in Hager’s Town, and one in Easton, of the time and place of holding the election of directors annually. The total amount of the debts which the said corporation shall at any time owe whether by bond, bill, note or other contract, shall not ex ceed double the amount of the capital actually paid into the said bank: Provided, That the moneydeposited inthe said bank for safe keeping shall not be considered as the debts of the bank within the provision of this clause (unless the contracting of any greater debt shall have been previously authorised by a law of the state in case of excess the directors under whose ad ministration it shall happen, shall be liable for the same in their, raturai and private capacities, and an action of debt may in such case be brought against them, or any of them, or their heirs, executors or administrators in any courtof record ofthis state, by any creditor or creditors of the said corporation, and may be prosecuted to judgment and execution, any condition, co venant or agreement to the contrary notwith standing; but nothing herein contained shall be construed to exempt the said corporation or the lands, tenements, goods and chatties of the same from being also liable for and chargaeble with the said excess—and such of the said di rectors who may have been absent when the said excess was created, or who may have dis sented from the resolution er act whereby the same was created, may respectively exonerate themselves from being so liable, by forthwith giving notice of the fact, and of their absence or dissent, to the Governor of the state and to the stockholders at a general meeting which they shall have power to call for that purpose. The notes, or bills obligatory which shall be lawful for the said corporation to issue shall not be for a less sum than five dollars, payable to bearer on demand. The Corporation shall in no case deal, trade, or be concerned in any thing but notes, bills of exchange, mortgages or bullion, except in the case of debts due to them, then they shall be fully empowered to take any kind of securi ty which they can obtain, nor shall the Corpo ration in any case be owners of any ship or ves sels, or directly or indirectly be concerned in trade, or in the importation or exportation, purchase or sale of any goods, wares aad mer chandize, lands and tenements whatsoever, except such ships, vessels, goods, wares, merhandize, lands or tenements, as shall be pledged to them by way of security, or for debts due, owing or growing due to the said Corporation, or purchased by them to secure such debts due to the said Corporation, neither shall the said Corporation take more than at the rate of six per centum per annum, for or upon their loans or discounts. The president and directors may discount notes or bills at any length of time not exceed ing six months, may loan money on property security, to the citizens of the state, but not exceeding an eighth part of the stock actually paid into the Bank at the time of making such loan or loans. N o loan shall be made by the said Corpora tion for the use or on account of this state or the United States, nor to any particular state, to an amount exceeding fifty thousand dollars, or to any foreign prince or state whatever, with out the previous consent of the legislature. The President and Directors shall constitute a board for the transaction of business, but or dinary discounts may be made by the Presi dent, or Cashier and five Directors. In case of sickness or necessary absence of the President, his place may be supplied by a Director, to be appointed President pro tem pore, by a majority of the Board of Directors. In case of death, disqualification, resigna tion or removal out of the state, of the Presi dent, the Directors shall meet as soon as can be thereafter, and elect another person for Pre sident, for the residue of the year. No Director shall be entitled to receive any emolument for his services, unless the same shall have been allowed at a general meeting of the stockholders. The President and Directors may call a gene ral meeting of the stockholders for any pur pose relative to the institution, giving at least three weeks notice in two or more newspapers printed in the city of Baltimore, one in the city of Annapolis, one in Georgetown, one in Fredericktown, one in Hagerstown and one in Easton Any number of stockholders not less than fifty, who together shall be proprietors of not less than one thousand shares, may at any time apply to the President and Directors to call a general meeting of the stockholders, for any purpose relative to the institution, and if the President and Directors shall refuse to call such meeting, the said number of s ock halders, proprietors of not less than the afore said number of shares, shall have power to call a general meeting of the stockholders, giving at least sixty days notice in two or more news papers printed in the city of Baltimore, one in the city of Annapolis, one in Georgetown, one in Frederick town, one in Hager’s town and one in Easton, and specifying in such notice the object or objects of such meeting. The dividends of the profits of the Corpora tion, or so much of the said profits as shall be deemed expedient and proper, shall be declar ed half yearly during the months of August and March, and be paid in the months of September and April in every year, and shall from time to time be determined by a majority of the Direc tors, at a meeting to be held for that purpose, and shall in no case exceed the amount of the nett profits actually acquired by the Corpora tion, so that the capital stock of the Corpora tion shall never be impaired by dividends and at the expiration of every three years a divi dend of surplus profits shall be made but the Directors shall then be at liberty to retain at least one per cent, upon the capital for the time being, as a fund for future contingencies. It shall be the duty of the cashier to cause a correct statement of all surplus profits remain ing in the Bank, not divided among the stock holders antecedent to each annual election, to be made out and kept in the Bank for the in spection of stockholders, between the times of such dividends being declared and each annu al election. If the Directors shall at any time wilfully and knowingly make or declare any dividend which shall impair the capital stock, all the Directors present at the making or declaring such divi dend and consenting thereto shall be liable in their individual capacities to the Corporation for the amount or proportion of the said capi tal stock so divided by tiie Directors and each Director who shall be present at the making or declaring such dividend shall be deemed to have consented thereto, unless he shall imme diately enter his dissent in writing, on the minutes of the proceedings of the board, or give publie notice to the stockholders that such dividend has been declared. The shares of stock shall be transferable on rhe books of the Bank only according to such rules as shall be established by the President and Directors, but all debts actually due and payable to the Bank by a stockholder requiring a transfer, must be satisfied before such trans fer shall be made, unless the President and Directors shall direct otherwise. The lands, tenements and hereditaments which it shall be lawful for the Corporation to hold, shall be only such as shall be requisite for their immediate accommodation in relation to the convenient transaction of their business, and such as shall have been bona fide mortgag ed or conveyed to them by way of security, or in satisfaction of debts contracted in the course' of their dealings, or purchased at sales upon judgments which shall have been obtained. for such debts. All bills and notes which may be issued by order of the said Corporation, signed by the President and countersigned by the Cashier thereof, promising the payment of money to any person or persons, his, her or their orders or to bearer, though not under the seal of the said Corporation, shall be binding and obligato ry 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, her or their private or natural capacity or capacities, and shall be assignable and nego tiable 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, bis her or their order, shall be as signable by endorsement in like maner and with the like effect, as foreign Bills of Exchange now are, and those which are payable to bear er shall be negotiable or assignable by delivery only. That the Treasurer of the Western Shore for the time being, shall be furnished once every year, or oftener if required, with state ments of the amount of the capital stock of the said corporation, and of the debts due to and from the same, of the monies deposited there in, of the notes in circulation, of the cash iu hand and of the profits made, and shall have a right to inspect such general accounts in the books of the Bunk as shall relate to the said statements, but nothing herein contained shall be construed to imply a right of inspecting the account of any private individual or individuals with the Banks, nor shall such general state ment and inspection be used for any other pur pose than to enable him to form a just opinion of the state of the institution relative to the public safety, and of the profits thereof, over which he is hereby appointed guardian, as far as the same relates to the state. And be it enacted, That the said Bank shall, on or before the first day of January, eighteen hundred and fifteen, subscribe for as much stock in the Turnpike Road leading to Cum berland, as will, together with the several Banks now established in the city of Baltimore and Washington county, raise a sum necessary and sufficient to complete the said Road the said Bank on subscribing in proportion to the a mount of capital actually employed and sub scribed up, or in operation, and to be paid or advanced in due proportion to the amount of each of the said Banks, subscribed in such pe riods and at such times as the same may be. wanted, and any increase of capital made by the said Bank shall at all succeeding payments thereafter be taken into consideration and be considered as a part of the capital contemplat ed under this act. And be it enacted, That the said Bank shall pay to the Treasurer of the Western Shore, the sum of twenty-five cents upon the amount of every hundred dollars subscribed and actu ally paid in for each and every year during the continuance of the said charter, and which sum shall be and the same is hereby pledged by the state as a fund for the purpose of support ing county schools, td be equally divided a mongst the several counties of this state, and. paid over in equal portions to such persons in each county as the Legislature may hereafter appoint. And be it enacted, That it shall be the duty of the Treasurer of the Western Shore to de mand of the said Bank the said sum of twen ty-five cents on the sum actually paid in ora the first of January in each and every year, during the continuance of this Act, after the first of January, eighteen hundred and fif een. And be it enacted, That upon the said Banks complying with the condition aforesaid, the faith of this state is hereby pledged not t o impose any other or further tax, bonus or im~ position, of any nature or kind, on the said Bank, during the continuance of the char ter. And be it enacted, That this Act shall conti nue and be in force until the first day of No vember, eighteen hundred and thirty-five, and until the end of the next session of Assembly that shall happen thereafter, subject however to the provision in the following section. And be it enacted, That in the event of the several Banks in the city of Baltimore, and the Bank in Washington county, not agreeing to the provisions of an Act passed the present ses sion, entitled An Act to incorporate a Com pany to make a Turnpike Road leading to Cumberland, and for the extension of the Char ters of the several Banks in this state this Act shall be in force until the expiration of the year eighteen hundred and fifteen, and until the end of the next General Assembly there after, and no longer. January 12— CHMIPAIGNE, CLOUET BRANDY. 28 baskets, containing 50 bottles each, supe rior quality, sparkling White Champagne WINE 100 cases Medoe and St. Julian’s Claret, one dozen each 10 pipes old and choice quality Cogniac BRANDY 200 small boxes fresh PRUNES, best kind 100 hampers fresh SALAD OIL 300 bags fresh soft shelled ALMONDS Received from the late arrivals from Bor* deaux, and for sale by WILLIAM NORRIS, Tea Dealer and Grocer, No. 66, Market street, Baltimore. Who has on hand, A choice assortment of Old Winks &Liq_uors and other Groceries by Wholesale A Betail^ with the privilege of being returned if not found as good as represented. Baltimore, February 9—7 t FOR SALE A likely young NEGRO man, brought up to house work, and a tolerable good gardener. Enquire at the office of the National Intelligen cer. February 4— LAW BOOKS? Just received and for sale btj JOSEPH MILLIGAN, Bookseller, George Town, Bacon’s Abridgment 7 vols. §6O 00 Chitty’s Law of Nations 2 25 to 2 50 Cornyn on Contracts, 2 vols; 12 00 Cranch’s Reports, 4 vols. 20 00 Dallas’s Reports, 4 vols. 20 00 Laws of United States, 10 vols. 20 00 Janu ar v 28— NOTICE IS HEREBY GIVEN, To the Stockholders of the Mechanics Bank of Alexandria) That gn Election will be held (it the Court House in this town, on the second Monday of March next (Bth) for the purpose of choosing Fifteen Directors for the ensuing year. By order of the President and Directors. Wm. PATON, Jr. Cash. Alexandria February 5/1813—Stawtd