Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1820-04-13

said bounty which was read and oras,
lie on the table.
On motion Of ar. Reid. the conna,
of ways and means were instructed 10
quire into the sxpediency OF allowing a.
tain claim Of Francis julian.
On motion Of Mr.. Warfeld, it was
! Resolved, That the committee Of j.
and means be instructed 10 enquire
the expediency HpovIding by law fo,s
payment Of any balance due by the eov.s
ment to Collectors Of the Internal R !,
nue..
On motion Of Mr.. Case, It was
Resolved, That the committee on Pill
lie buildings be directed TO enquire into n
practicability Of rendering The house Of 4
representatives. convenient Tor the transact,
Of public business
Mr.. Hardin moved, that the select "a,
mittee to which is referred the resolns,
from the Senate fixing period for tbe !
mination Of the present session Of Conc.
be discharged from the further consjd4
ton thereof I;
And, the question being taken thereon |
it was decided in the negative.
Mr.. Cobb then moved that the house !
come to the following order
Ordered. That the committee TO wL,.
was referred the resolution from the SEM
on the subject of the adjournment of cm]
gress be directed to repor. thereon to.no,]
row.
And the question being taken that the bop,j
do now proceed to consider the same !
was decided in the negative.
The engrossed bill for. the relief Of wal
liam Pancost, was read a third time, passi
and sent TO the Senate for concurrence
DISTRICT BANKS.
The house then, according to the ords|
OF the day, resolved itself into commits
of the whole, Mr., Storrs in the chair, ons|
bill concerning The District Banks.
(This bill provides
Sec. 1. That the charters Of all h
incorporated banks that now pay spss!
on demand, be extended until the 18th Ju}
1925.
Sec. 2. Should any Of said banks refus)
TO pay specie or lawful currency of The Uni
ted States on demand, they are 10 pay d
interest OF 10 per cent per annum until pay.
inent Of such demand is made, and Congrea
is empowered forthwith 20 revoke their char
tiers, and provide toi settling their accounts
Sec. 3. No bank to issue, reissue, or re-
ceiye in payment or deposit, any bill, mote
SC. under FIVE dollars, after the lst. Janui
ry next, except to receive such note or note
as may have been issued before that time
exchange tor current coin or debt da:
such bank. Charter forfeited for ofe nd
ing,
Sec. A Any officer OF a bank who shall col
ceal, embezzle, or connive at the concal
ment or embezzlement of any property of
Bank, to be adjudged a felon, and impria|
ed not more than ten years, and fined b
less than 1000, nor more than 10000 DID,
lars-one moiety to the United States, ID
other to the informer all debts due by BIZ
to said bank being first satisfied.
Sec. 5. Any bank ceasing to pay on d.
mand-no officer OF director of said banl
permitted 10 buy up, in person, or by agenI
or receive in payment any note or bill oislt
bank at a less price or value than its fac
purports it to be worth for each offence,
be imprisoned tor one month, and pay hTa
the value of such bill or note.
Sec. 6. The present charter Of the Banks
Columbia revoked on lst Jan. 1922, andr
chartered On the same footing of the otk
District Banks, until the 10Th June, lS4o
Sec. 7. Reyokes the charter of the FndI
lin Bank of Alexandra, and provides torsi
Ting their accounts.
Sec. 8. The president and directors 1
each Bank to Gle their declaration in wrlis
in the Office of the Secretary Of The Treas'lI
within six months, asserting to The ter'
hereby granted, or 10 forfeit their chafs'
and settle their accounts, as allowed |"
Franklin Bank of Alexandria.
Sec. 8. Prohibits any Corporation wlD'
the District Of Columbia, other than 50.
Banks, issuing or discounting notes or DD
after the lst of January next-any Mays
Alderman, Councilman, &c. for each oBsna