Portland gazette., 1805-06-25
Comnronipraap Of s5assacbusstts.

Couu of Common rtrss wirhin ald iGr the
county of Cumberland thlll ann3a ~ DC holden
a Portland, On the 4 tuesday. # March,
and on he bird sc-j-. ~ jue and the third
Iurluay of Ncycnocr . WV.
SIC q ii fs.u a7rd Thai all
laws heretofore rai ..1 7.s ,ho hr.ts and
places, Tor oiiin- -.a If rrs in The fad
County Of a "b-r .. and after The iald
lat day cf June .,a.. Y, ant the fame are
hereby rePtaed
[7ai5 4441 pusl 5aas 5, IsosI
An aa to authorile the (evcrel Banks in
corporated within this commonwealth,
80 iGue bills If III: denomination OF
one. TWO and THREE dollars
Sect. :. Belt tre7eS5y Re Senate and Rsy:
sf Rrbyfjtntrtives N Grserni Csu,t egfnr5ed, ard
BY tbr psfboyiy .f be E,wt That from and after
the paling Of this aa, and during rhc peaiure
of TIE Legislature. the Pref,ent and Dire6ora
Of al the banks incorporated under the 2uthorl-
ty Of the Legislature Of this com non nweath, with
power ifiue promifes of their own, on bank
ing principles, be, an they hereby are authori-
zed and empower TO ifIuc and cmir bills Of the
demonstrations Of enc, t,Ua and three G'4Hr5, 70
the amount Of fue per ceafnm Of their t-vera cap
tal itccks, actually paid in any thing IN their
retpect've acts of inc rPOrat'on 70 the contrary
notwithstanding. Pyovidsd bsueVsy, that this
privilege thal not Be conltrucd 10 authorize the
iaid banks to owe or itluc bills or prouries, to
any greater amount tl.2n ytheir relpcGve a9s
et incorporation they are already privileged 10
owe or iGuc
sEcr. 2. Be itfn45er e1G9ed, har the bills
Of the denomination OF sae tqus and tbree d1Aary,
2'aIl be connrr @ed with The Denomination otthe
bill, in each Of tie corners thereof in Fl urrs and
il the body Of tb- oil in large capital letters,
With an oval border enghwite # be T., and
the word Ma9achuic,s in large. capital Letters,
under the upper Part Of tie Oval border
70 &C & med by the Preiident and courrerh gntd
BY the Gather Of tae bank from which the fame
u..Y iAne AMI no sank ihaIl lfue any bill Of al
oya, form or imprciion Of an higher denonina
ton than t5rfs Gslirrg. .-. ....- ..
SECT. : beH|artby eaaEed, That before any
Of the bos of the denonpation aforefaid, lhall
be fued by aEy blnk the amount which fad
bank, is a'loNc K iiIn-, fha be impreiied; ; and
thc Pref lent and DIRECTORS Of The feveral banks,
in their returns and itatemeuts, as required by
law, thlll rate the amount IF faid bills Ill crcu
lation, AMI the amoun; thereof on hand and
10 further impreiiion or emifion Of fald bic
ihalI be created or allowed by virtue Of this
act.
Seer. 4. b II fa,fl.r ea77si.. That the fever
al aatcment; and returns which, by thc rcfpc4
i've a9s Of ofin,orporation Of the feveral banks, or
other corporate bodies, aic diretf d to Be made
to Ills Excellency the Cove nor and rhe Coun-
Gil Of this Connosweaih, ihall hereafter be
mad IN er the oath' of the PrcGd,nt and the
feYaral Dir ttots and Cafni7rs, or 'rufses and
IreafuTers, o. the faid lcveral banks Or other cor
Porate bodies, at the levcraI periods directed By
heir refpettivc acts Of Incorporation which
oath fhall b. zdniAifcTed by fDme m7gif ale
duly authorized 10 sdninfter oaths, AMI who
isll have no intereit in the f4id corporate DO
dy
rTbiI 7fa1fd JHar, IS 8o5l