Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-05-15

y. NViltlcSu c,
John Rhea,
James 'rtimble.
II. 1T Charleston. in South Caroling.
Robert Howard,
James Horlbeck,
James Carson.
~. .dt augusta, in Georgia.
Charles Harris, of Savannah,
5 Georss = H MaiSer' ofAususta.
~. at Nesp- Orleans, in louisiana.
Dominic A Hall,
Peter De:bgny,
William Flood
20. 1T Washington, in Columbia.
John M son, of Georgetown,
Thomas Swan, of Alexandria,
John p. Van Ness, of. Washing
ton.
The Secretary of the Treasury has adj
| dressed circular letter of instructions to
the Bank Commissioners. The following
copy OF the letter addressed to the
Commissioners at PHILADELPHIA:
TREASURY DEPARrMENr.7
April, 1916.
You viii perceive by the enclosed COM
mission, that the President of the United
states, has appointed you commissioners
feT experimenting the subscriptions to-
wards constituting the capital of the Bank
| y the United States, to be opened ON the
irss day ct July next, at Philadelphia. in
ne state OF pennsylvania. Several comics
OIL the act OF Congress, entitled "An act
70 incorporate the subss ribers to the Bank
ot the United Stotes," are now transmitted
70 you and in the execution of YOUR trust
nave the honor to request particular AZ,
,ention to the following points:
! /. Inc subscription books, being pre-.
Pared in the form of the aansxed scbe-
,.ue marked A, are to be opened on the
first of Jaly, and to continue open every
10 ~, tor the term of tw snty DAYS. exclu-
lsiveiy of Sundays, between the hours oe
ten o'clock in the forenoon, and fur o.
clock in the afternoon.
4 o. Any individual. company, CORPORA
ten, or state. may subscribe for any nnm-
Der OF shares, not exceeding three thou
sand and. at the time of subscribing.
Sh re must be pad upan each share. FIVE
dollars in gold or silver coin of the u
nted States, or of foreign coins, and TWEEN
/ ty-hve dollars more in ike coin. Of, in fun
deJ debt. The value at which the FOREIGN
coins. and. also, at which the funded debt.
1 shall be received, are specified in the third
section of the act
| 8. Each subscriber must deliver to the
commissioners, at the time of subscribing
Certificates OF funded debt, to the amount
or the first instalment of the funded debt
together with power of attorney, in the
| iorm OF the annex d schedule marked B.
And tue commissioner will thereupon give
receipt IN the firm of the ann ed sche-
dee marked C..
4
! t. The commissioners Will enclose each
subscribers deposit Of coin and funded debt
IN separate envelope, to be sealed.
| arl to be labell1d with the name of the
Subscriber. They will place the whole a.
rDunt of deposits of coin and funded debt.
IL secure chest, having at least two locks
ofdiiferent construction the keys whereof
to be separately kept by different commits
o.oners. And they will lodge the chest in
the vault of some Bank, are in some other
| Place OF secure and safe keeping, SO that
the same and its contents shall be specif-
caliy delivered and transferred as tn Y
were received. 20 he president. directors
| anI company Of the Bank Of the United
| States, or their order.
| + :. AS soon as the subscription is closed.
or at least seven days after it is closed.
| tho commissioners in the several states,
other than Pennsylvania. will make two
transcripts, or copies, Of the subscription
books they will retain one copy them
selves; they will send the other to the
Secretary Of the Treasury at Washington.
in the Distr ct Of Columbia and they will
sen j the original subscription book, fcerti
| iyng the same tn he genuine1 to the COM
missoners at Philadelphia.
| 6. On the rrcsipt of the subscription
DO ks, from the Commissions If the several
states, you will Immediately convene and
It, upon taking an account Of all the sub
scriptions, it appear that more than the
sum Of 5000 600 of dollars has been sub
scribed, you will proceed to reduce the a.
mount to the manner directed by the act,
that is to say,
~ The amount of the excess to he
deducted from the largest subscr'p-
tions, in such maner. as that no
subscription shall be reduced in a.
mount, while any one remains lar
ger.
| A2.) If the subscription, at any of the
places designated for receiving them,
does nos exceed 5000 shares. the a.
mount is not to be reduced at such
Place
IL 3.) II the subscription at any Of the
designated places exceed three thou
IN pnd shares. it may be reduced 10