Section III. And it is hereby further enacted, that no action which may be commenced against the said Union bank,

III. And it is hereby further enacted, that no action which may be commenced against the said Union bank, or the Secretary or Treasure for the time being of the said Union Bank, upon or arising out of any contract entered into by or on behalf of the said Union Bank, shall be in any wise affected or defeated or defeated by, or by reason of the plaintiff or plaintiffs therein, or any person or persons who may be in any wise interested or concerned in such action being a Member or Members of, or a Shareholder or Shareholders, or a Partner or Partners, in the said Union Bank, but any Member or Members, or Shareholder or Shareholders of, or Partner or Partners in the said Union Bank shall and may have the same right of action and remedy to be proceeded in and enforced in the same manner against the said Union Bank, or the Secretary or Treasurer for the time being thereof, upon any contract, and for any debt, damage or demand whatsoever which he or they might have had if he or they had been a stranger or strangers, and not a Member or Members, Shareholder or Shareholders, Partner or Partners of, or in the said Union Bank.