Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-04-18

rally read lie third line, passed, aud sent
to The House Of Representatives for con-
curreDce.
HOUSE OF REPRESENTATIVES,
MONDAY, 8pri Io.-The Speas Ell laid befnis
the House certain Documents relating TO the
Cruize of the Slocp of War Ontario; ~l,ic
were ordered 10 lie on the table.
MT. SiSbee, from the committee Oh naval af~
Iairs 10 wHoIn was refcIrfd the petition of
Capt. Samuel &. II id, in bel ~ Of iimseii aud
the other officers gnd crew OF TIC priv.t. ar,u,l
brig General Armstrong, made iepor, ad-
verse TO the rrayer Ihe'eoi; which WAS read
ana ordete 10 lie ON the table
Mr.. PtnddH su omitted the following resoIu-
ton:
RcsoIred That committee be- appointed to-
enquire into the exptdieucy at providing hy
Law Tor the payment oil pensions in the couu-
ties, parishes, OF townships in which the pen
sioners reside.
On the question TO agree TO this resolution
IL was determined in the negative
On motion of Mr.. CaSr il was
Resolred, That the committee on Public
Buildings lie directed 10 enquire into tue
practicabiii'y OF rendering the House of RE-
presentatives convenient for The transaction
DISTRICT RANKS.
The House then according TO the order Of
the Day. resolved itself into committee OF
the whole, Nv. Sforrs in tie char. on the hill
concerning tie District Banks.
This bill provides
Sec l That the charters of all the IN
eorporated Banks that now pay specie on Dr.
mand, ba extended until the 18Th Inne ls,5
Sec. 2. Should any Of said Banks refuse 10
| pay specie: or lawful currency of the United
States on demand, they are TO paw all inter-
est OF 10 per cent. per annum until payment
| OF such demand is made and CONGRESS is
empowered forthwith To revoke their chat-
tiers aud provide for settling their accounts.
sec s. NO Bank 10 issue, re Issue. or re-
cei'e ia payment on dcposits. any bill unite.
&c under five dollars, after the LIST January
next, except 10 receive snch pole CIR noies az
may have bE=:; issued before that time in ex-
change for current coin or debt due such
Bank Charter forfeited iof offending
Sec. 1. Any officer of n Bank who shall con-
ceai embezzie or connive at the couceamcDe
o. embeZzlement Of any property of Rank
| TO be adJud"ed ielon, and imprisoned noE
more than 10 years, and fined net less 'I,ai
| 1000 nor more than 20 ODO dolars--one moiety
| TO The United states, the other so The iufur-
| mer all debts due by him 10 said hank being
| first satisfied.
Sec. D. Any Bank ceasing to pay on demand
| no 0ihcer or director or said Bank u, rn,t-
( ted 10 buy up in person b, agent, or re-
| reIve IN paymentSiiiv note or bill of said Bank
al a less piIce o. value than its face purporia
u tn he worIh--for each offence. 80 be npris-
oned for one month, and pay thrice the value
| OF sHch bill or note.
Sec. The present charter of the Bansz
| of Columbia revoked on LIST. Jan 1872 and
r"-chdr'eied on the same footing of tAs
other District Banks until the 10th June 1914.
Sec .; Revokes the charter Of tire Frank
| I'M rank OF AicAandria, and provides for sell
| ling their accounts
Snc S. The President and Directors f each
! Bank TO HE their declaration iB writing in
| the Office of the Secretary of the Treasury
WITHIN SIX months, asserting 10 the terms
| hereby granted. or 10 forfeit their charter
and settle their accounts as allowed ths. Frank
| lie Bank OF Airxaudiia
sec D. Prohibits any corr oration within
me DISTRICT OF Columbia other than said
| Bank issuing or discouUting notes or bills
| after The LIST OF January ueAt---dpy SiaNol NJ
de'mar, councilman &c for tacl offence to
pay not less than 100, nor more than 600
dollars.
Sec. 10 Any peson who shall sign couu,er-
sign, or endorse any note. bill, &c ~ aforesaid
III addition 10 said penalty, TO be imurjsonei
not less than thee nor more than twelve
months
Sec III Declares null aud void All drafts
bills, &c. even in payment tor money dis.
c0unted by any corporation, contrary 20 The
PROVISIONS OF thS art. whether such bills are
| made payable ioSuCh CORPORATIONS or to INV
| person as agent or trustee
| sec. IL. Any mayor, alderman councilman
clerk, &c. that shall, after th> ist of January
he tIS issue asd pass into circulation, any
Dll or note, As aforesaid, to incur all said pen
| atles, Notwithstanding said ncte NAV he
'Igned prior 10 said first day of January.
sec. 10 q IL provides for the consolidation
of tile banks of Alexandria Into tr0 banks
! with a capital OF one million OF dollar. each
| To take place by written articles of aysoCi; :
ZION. prior TO ihe 10th June, 1895 provided
ihey continue until that period charters 10
| extend 10 10th june 1916 subject 10 The rrp-
sent rule, conditions, &c Of the Fnrniers
| Bank OF AlcXandiia, aud also 10 the rules caI
dIiIons, &c OF this act.
sec 10. provides in similar manner for
the. consolidation of tie Banks of George~
Town other than ihe Bank OF Columbia into
Que bank with capital which, ADDED 10 the
| capital OF the Bank of Columbia, shall max e.
The sum two millions OF dollars, and TO more .
sniDrct To the present rules conditions Sc
| OF the banners and Mechanics Plank Of
OeOrgeiowE, and also 10 the rules sc. in, .
posed bS this act ''
Sec TO- contains like provisions for the con.
| Sohua'lnh OF we Sank of w ashlngtOn and III t
Of dollars
See. H.. in like manner extends tie char
Ter Of the Bank of the Metropolis, with per.
mission 10 Augment their capital to one mills
Sections rs and ~ prescribe the modes OF
proceeding otsuch baDkS and stock noldets
as may OF may not accept tie provisions OF
Sec. 20 All Banks in the District exce,t
tina Franhlin Bank OF Alexandria, iron, and
aiter the LIST Jan. lS2O, to pay uEe sixth OF
| one per ceittum OF its capital stock after net
| IDg Oper cent. 90 lis stockholders, to coDsti~
| ute school fund for tile education OF indi.
gent childran ip each town. Each Bank
semi'ahnnally, Oh paying thoir dividends and
TIE aforesaid one per ceutum 20 render an
exact account OF It's condition TO the Secrets,
| ~ or TIE IteaSury-On failure Hereof o. IA,
| attempt TO defraud the fund Aforesaid ron.
gIesS have power 10 declare the charters nnit
and void.
Sec. II. This act TO be in force from and az.
Ter the passage thereOil
Mr. Cotb moved 10 amend the bill. hv sttik o.
| Ing ont The wh ie Of 10 except the nact,r,,
clause, and inserting in lieu thereof lie toi.
! loving ~
." That for the purpose Of enablinr The seV.
S,al Caf'sGe9 bank'ns Institutions within the