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No transfer of bank stock valid,
unless registered in the bank books in seven days from the contract, and actually transferred in 14 days.
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XXIII. And for preventing of clandestine or fraudulent bargains or dealings in bank stock, be it further enacted by the authority aforesaid, That no promise, contract, bargain, covenant, or agreement, made either by word of mouth, or in writing, for the buying or selling of any bank stock, or for the transferring, changing, or altering the property thereof, either in trust or otherwise, however it be, shall be good and valid in law or equity, or legal, obligatory, or binding to either or any of the parties making the same, or concerned therein, or for whose use or account the same is or shall be made, unless such promise, contract, bargain, covenant, or agreement shall be actually registered in words at length in the book or books of the bank, by the officer there for that purpose to be appointed, within seven days, and actually transferred within fourteen days next after the making of such promise, contract, bargain, covenant, or agreement.
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