Section IX. And it is hereby enacted, that after the delivery by the Sub-Treasurer at Madras, to whom all subscr

IX. And it is hereby enacted, that after the delivery by the Sub-Treasurer at Madras, to whom all subscriptions on account of the Capital of this Bank will have been paid, as above provided, of the amount of Capital Stock to the Directors of the Bank, the receipt which may be granted by the SubTreasurer to the Subscribers respectively shall be cancelled, and a Certificate signed by three Directors of the Bank of Madras shall be delivered to each Proprietor, and any person who is a Proprietor of more than one Share of the Capital Stock, may at his option demand a Certificate for each of his Shares, or one Certificate for all his Shares, or several Certificates, each of which may be for any number of his Shares.