The Sun.
London, England, 1845-12-30 00:00:00

Wilts,Somerset,&Weymouth 21/2...... 3% to 4
Worcester, Hereford, Ross;
and Gloucestr .;;;i.;...... 4,lL'
W-circester,Tinbury, & Ludlow 23% —
to
WW'rrorirtccersleBrharenwdsS. &ouCthreMwreaUlesll... 412% — ... .. to
s.
to
Worcester,Warwick,& Rugby 425. —
Yarmouth and Norwich .b.. 20 --•-•-
Ditto; NOV... ............ .. ..• 17
York and Carlisle .. 23/4 214 to
York and Lancaster
York and North Midland. .. 50 -
Ditto; Half Shares
...... ._.- ..... to --
Ditto. Scarboro' Branch
Ditto, Selby 2O
Ditto. Extension
FOREIGN RAILWAYS.
Anglo-Belgian
Barbadoea -
Boulogne and Amiens
Bordeaux and Mediteranean 2
Bordeaux, Toulouse, & Cette
(Mackenzie's) 2
Bordeaux. Toulouse, & Cette
(Espelete's)
Calais, Dunk, & W. Flanders
Callao, Lima, & Pacific Coast 1 ...... -
Central of Spain ..
Ceylon .... ss,
Demerara
Dendre Valley
Dijon and Mulhouse ............ 2 . ... to
Dutch Rhenish... .......... ... 6
East Indian
Eastern Belgian Junction 2% ......
Fampoux and Hazebrouk..... 2
Great Northern of France
Constituted
Great Paris and Lyons 2 -
Great Western 8enga1...,..... ss.
Great Western Canada ....... 31/4 ...... •••••• to
Jamaica S. Midland Junction 1
Jamaica North Midland 1
Ditto Extension ............. 1 ... .. -
Jersey 1
Louvain and Jemeppe ...... ... 4
Lyons and Avign0n............ 2 •
Luxembourg .................. 4
Madrid and Valentia ........ . 2
Mauritius 1 -
NamEr and Liege 4 ...... ......
North Jamaica 1
Orleans and Vierzon ....... .. 10
Orleans and Bordeaux ... .. 6 ..... . to
Over Yssel . 413 s 4d......
Paris and Lyons(Laffitte) ... 2
Parisand Lyons(Ganneron's) 3
Paris and Lyonse(Calon's)... 2
Paris and Lyons (Sud Est)... 2
Paris and Orleans... 2O
Paris and Rouen .. ..
Paris & Strasburg( Gan nern's) 2
Do. (Compc de L'Est) 2
Ditto (Aymards) 214
Paris and St. Quentin 2
Rouen and Havre
Royal North of Spain
Sambre and Meuse
Strasburg and Bale l4 ..... to
St. Laurence and Atlantic —
Tournay, Jurbise, Landen,
and Hasselt
Tours & Nantes (Mackenzie) 4
Ditto Ditto Lefebvre's)... 2 ..
Do. (O'Neill's) 2
Trinidad.. ...... .. ......... ..... 21. E
Verona and Ancona 3
West Flanders
MINES.

_EV EN] NG, DRCETSI BER 30,
_1845.

dead falls doe; except the share shall have been
purchased before the first election takes place.
Seci. 4, Five members of the directory, the president
being ore of the number, must positively be pre-
seh t the discussions on any transactions: the
president may liVanina.te any other director to
supply his place, in cas4 of illncss or Any other
impediment.
Sect. Sixty shareholders or proprietors, possessing
between them 1,000 ebares or upwards, only,
can call a meeting of the proprietors or share-
holders, for taking into consideration any matter
for the good of the establishment ; making
public their reason for calling iueh meeting, at
least three months previous thereto, in two
üblic prints.
Sect. 6. Every clerk or cashier of the Bank shall find
two or more sureties for fifty contos of reis at
least, subject to the approval of the directors,
for his good behaviour and faithful discharge of
his duties, before he can enter on the exercise
thereof.
Sect. 7. The Bank Corporation cannot, directly or indi-
rectly, possess any landed property, except those
necessary for its accommodation and the carry-
ing on its business ; or such as may have been
mortgaged to them, or in satisfaction of any
debt previously contracted in the course of busi-
ness, or declared theirs by public auction, in
consequence of any sentence obtained by them
on account of such debts.
Sect. S. The Company cannot directly nor indirectly
trade in anything but bills of exchange, gold or
silver in bars, deaf, or coin, diamonds, produce
or lands by virtue of an execution, or takenl bona
fide in payment of any debts, or merchandise
the produce of its estates; it cannot make pur-
chases iu the public funds, nor charge more than
9 per cent. interest on its loans or discounts.
Sect. 9. The Company cannot make any advances to the
General or Pros icinal Governments fur a longer
period than 180 days, and even so, not in such
sums as may alter the relative proportions esta-
blished by this law, between its realised capital
and its issues.
Sect. 10. All bills or notes issued by order of the Com-
pany, signed by the president and countersigned
by the cashier or chief clerk thereof, payable to
any person or persons whatever, to their order
or to the bearer, although they may not have
the Company's seal or emblem, the Company
shall be liable for the same as if issued by any
one of its members in their private capacity ;
those made payable to any person or persons or
to their order, shall be endorsed in like manner
as bills of exchange, and those payable to the
bearer shall be transferrable. The bills and
notes so issued shall be payable at sight.
Sec. 11. Once every year the directors shall lay before
the proprietors or shareholders at a general public meet-
ing, for their information, an exact report of the debts
outstanding, after the time of payment had elapsed ; as
likewise an account of all their transactions and of their
profits, after deducting the losses, if any have arisen.
Sec. 12. The directors shall establish branch banks of
discount and deposit, in such provinces as the Imperial
Legislative Assembly may direct, on the representation
of the Provincial Assembly, setting forth that the pro-
vince already possesses, or is ready to take shares, to
one-third the amount, at least, of the paper money cir-
culating therein. They may, moreover, establish like
branches wherever they may think fit, assigning them
regulations, and appointing to each from one to three
directors, removable at pleasure.
Sec. 13. The Inspector-General of the Treasury may
demand, every week, information respecting the state
of the Bank, and may inspect or order all the books,
documents, and accounts, including those of the divi-
dends, to be inspected. A statement of its affairs shall
be published monthly, in such manner as the Minister of
Finance may order. The Bank shall be at all times
open for the full and unrestricted inspection of a com-
mittee from either Legislative Chamber, of a committee
of the proprietors, and to all and every one of the
directors. The Minister of Finance, or a committee of
either of the said Chambers, or any person authorised
by the one or the other, may order a notice to be given
for the examination on oath of the directors, officers,
cashiers, agents, &c., of the Bank, touching any matter
relating thereto or to its transactions : any one of whom
refusing to comply shall be fined 100 milreis.
Sec. 14. No palter shall be discounted, nor any loan
granted, for a longer period than 180 days ; and no
written obligation, bill of exchange, debt, nor proof of
debt, of what nature soever, shall be renewed by any
agreement with the Bank, after the term has expired for
which it was negotiated.
Sec. 15. The Bank shall make no payments in the
notes of any other bank, nor in any other thing than
lawful coins, bars, tweasury notes, paper money, or its
own notes.

Sec. 16. The notes which are to be put in circulation
as money shall be prepared at the central banks, duly
signed as above described, and payable at the Bank in
the metropolis, or at any of its branches of discounts and
deposits, as specified in the note. The Bank is not,
however, prohibited from passing orders payable at other
banks or commercial houses, of fifty milnis or upwards.
Sec. 17. The notes and bills of the said corporation,
although mode payable at a certain place, may, never-
theless, be received at any branch for discounts and de-
posits, whenever they may be tendered in liquidation or
payment of the balance of any debt.
Sec. 18. The Bank shall not lend any money to any of
its officers or agents, nor discount any bill or note, of
which any one or more of them may be the passers,
drawers, endorsers, acceptors, or a party tu, on any ac-
count whatever ; this provision does not, however, in-
clude the directors, unless they may be serving as a
salaried officer or agent.
Art. 20. The Bank Corporation shall not be owing
more than double the amount of the paper moneys,
Treasury notes, deposits of gold and silver, coins of the
precious metals, bonds of the public debt, or landed pro-
perty mortgaged fur half its real value ; nor discount
any bills, or otherwise extend its loans, whenever its
notes in circulation shall exceed five times the amount
of the precious metals contained in its coffers, on pain of
becoming responsible individually, as well as the direc-
tors of the Bank collectively, who, being present when
such excess of liabilities over assets was ascertained,
should not immediately acquaint the Government there-
with, and also the proprietors duly summoned to attend
a general meeting.
21. The Bank dividends shall be paid half-yearly, de-
ducting therefrom, besides the three per cent. appro-
priated by Clause 3 of Article 15 to the cancelling and
exchange of the paper money in circulation, two per
cent. more for a reserve fund (rest), which shall likewise
be employed in loans and discounts for the benefit of the
proprietors.
22. The Bank shall deposit in its vaults, or transfer
from one place to another, the Government securities,
delivering them over to the public creditors on the pre-
sentation of " cheques" from the treasurer of the public
or provincial treasuries, by order of the Government,
without charging any commission or difference cf ex-
change on such transactions.
23. Should the Bank neglect or fail in making nay
payment in due time, the party to whom it is due shall
receive twelve per cent. premium for the delay : except
in case of any extraordinary occurrence which may
threaten the existence of the Bank ; in which case, a
previous representation to, and a resolution of, his Im-
perial Majesty in Council, for a limited time, will be
requisite.
24. The Bank shall continue in operation for thirty
years, and two years more for the liquidation and settle-
ment of its affairs ; during the whole of which period it
shall possess all the rights above enumerated, and enjoy
the following privileges, namely :
Sec. 1. The Bank shares shall have the same privi-
leges which the bonds of the National Debt now have or
may hereafter be granted them.
Sec. 2. The paper imported, as also the machinery for
stamping it, required by the Bank, shall t:P free of duty.
throughout
Sec. 3. Those in the employ of the Bank,
the empire, shall be exempt from all military seivii...?;
whether of the National Guards, or of the army or navy.
Sec. 4. The Government shall cause to be essayed, 1
smelted, and refined, all the gold and silver sent by the
Bank for those purposes, free of expense.
Sec. 5. The Government shall provide at all times and
places within the empire, the necessary protection for
the funds of the Bank Corporation, and convey them
gratuitously, by vessels of war or steam-boats belonging
to companies having Government contracts.
Sec. 6. 'The Government shall give the Bank prefer-
ence, on equal terms, to any other party, as to the dis-
count of its bills, Custom-house notes, or in making re-
mittances to foreign countries, and in other operations
which it may be lawful for them to undertake.
Sec. 7. The Government shall cause to be kept in the
offices of the Company, and of its branches in the pro-
vinces, a hook, in which shall be registered the
ordered to be made by the law of the 21st of Oct. 1843.
15. All the conditions contemplated by this law may
undergo such modifications as the Company may pro-
pose, and the Government consider proper to be
adopted, so as that the cancelling the present and sub-
stitution of other paper, convertible in gold or silver, at
the option of the holder, shall be accomplished in twenty
years; those, however, which may be attended with any
additional expense to be subject to the approval of the
legislative body. '
26. As it will not be possible to organise one national
or public company which shall solely undertake the can-
celling the paper throughout she whole empire, the Go-
vernment way endeavour to effect similar establishments
in some of the provinces, or union of provinces, consign-
ing them in proportion to the amount to be cancelled by
them, not only the funds appropriated to the purchase of
shares, but likewise of those destined for tho annual con-
tributions.
27., Those who may forge the notes of the Bank, the
current coins of the empire, or other securities issued by
the Government or Bank, of what description or nature
soever, shall be condemned to the galleys (hulks) for
life, at the Island of Fernando ; or in the naval or mili-
tary arsenals of the provinces in which they may have
been tried ; independent of the fines prescribed in the
criminal code.
28. Those concerned in producing or circulating
counterfeit money or forged paper, shall be condemned
to the galleys (hulks) for ten or twenty years, besides
I i.lie above fines.
e 9. Those who may let or allow their premises to be
occupi,ed by forgers, or makers of counterfeit money,
or paper, for the purpose of forging the same, as also
those who shall harbour or afford any assistance what-
ever to the i-orgers,,or circulators of false coins or paper,
or shall in 1112.,v wise facilitate the accomplishment of
the crime, or sh all conceal it, or aid the escape of the
guilty parties, aft. ,!r they have been discovered and pro
secnted, shall be punished as accompls.
30. The chief of the police and the. Judges de Direito
in all ;he
coin or pparishesl o I the provice in which the false
be found, are the magistrates who
-':-Pe n sihsaalnce. of the above-mentioned crimes, and
shall take ce....gey
before whom to. sh ill be brought to trial.
Ire processes, or prosecutions, may be
31. TW°.:9l. alts
,-ash of the came province, for
toformed. :al aiiiereu, r-
I