Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1830-02-20

Guerrsnt, and Aioore0 =" Authorizing Samuel Johns
trustees 10 soil The property held by them and to
purchase other mop-ry:"" Providing for supply Of
water la the town OF Psari.burg in he county of Ges"
-" To amend act entitled an act to Tho
mas McCowen and others the Commonwealth right
To tract fiand:"-.' Conce ming Lewis Price and
h"'s: To change the place Of holding a separate
ELECTION. IN the coui ~ OF Washing toms To auho-
rizs Sc arat- elton at Dumtres in the county of
P.ince Wilam:''-" To establish the town OF Green
William p. Flood"
Iobn.on rejected, after great deal of argument
Cunning on tho description Of Revolutionary Claims
that ought TO he admitted, sc
The grossed bin was, after great deal of argu.
C'amsI
On Mr. CoHooN's motion, the House determined
mat when they adjourned Tuesday, they would adj
Journ till the 3lst day Of March.
VIRGINIA hank BILL.
AS mnny Of our readers interested 10 the fate Of this
on aud arc unable 10 understand amid all the amendments which
proposed, the shape in which passed.
both Houses, think present with complete copy Of
tho laws follows:
An ACT
Further TO ertend The Charter Of the INK of pirgi.
mia, and far other purposes.
PASSED, FEBRUARY 18TH, 1907
Whereas the Stockholders OF the Bank of Virgins
have, at late mestirg authorized the presentation Of
Memoyai TO the General Assembly, praying for an
ext nson Of their Charter
l. BE it therefore, enacted by the General assembly,
That the Charter Of the said Bank Of Virginia. grant,
ed by the Act, passed the SJth day of January, 1904,
entitled, An act for Incorporating the Bank OF Vr
GINA and xended by an Act passed on the 2ith day
o January, 1914 entitled, An for extending the
Charter Of the Bank Of Virginia. and fr other purpo-
ses shall he, and the same is hereby extended, from
the Let day OF May in the year 1885, for the term
Of nine aud one twelfth years thence ext ensuing
during which period, oil the rights privileges aud i'm
munites shall be pos,e.'ed and enjoyed by the Corpo
ration OF the Bank Of Virginia. and lite tern-
hers as II the expiration of the said extended Charter
had, ny the provisions of the existing Charter, been
deferred TO the period, to which is, by this act,
tended
2. b. IL turtle, enacted. That the said Bank shall
have the privilege ri abls!ng, and -h,li establish,
IN The course Of the current year, an Office Of Dis
CONT and Deposit at Danville, upon the footing,
IN all respects, with those established at Peters
burg, Fredericksburg, and Lynchburg = rooiifd
that Stockholders in sufficient number and of proror
'ihca'ions Tor Directors thereof shall be found res
iden' in Danvie aud the adjacent country and pro-
pided that the said Bank may, it, in us discretion, il
deems IL expcdient appoiRt only the
purpos" IF managing tn said Office as Directors thereof
g. BE Hf"ter enacted, That in consideration ofthe
extension of said Charter, there shall be paid to The
Commonwealth each Share Of the Stock of the SAID
Bank, held by oher Stockholders than the Common
wealth, three per centum Tayable bv six semi annu-
reservations OF thirty ceni, out Of ten semi annual
DIVIDENDS, each share belonging TO STOCKHOLDERS
other than the Commonwealth until the Whole Of the
Aforesaid sum OF three per cenum per share amount
ing 10 fifty thousand three hundred and six dollars
shall have been paid - rouded that the " hole OF
said three per cenun. shall be paid within FIVE wears
| after the LIST day OF May 1899.
4. BE ii further enacted, That a msiory of the III
rccois shalt hereafter he sufficient TO constitute hoard
at the said Bank. and the several Offices OF Discount
and Depot, for the ordinary Transaction Of business
| S. Be ii further enacted, That the said Bank at
Richmond and any Of its branches, shaIl hereafter b.
allowed 70 discount bills and that have not more
than four months to
g. BE ii further enacted Thatno President or CASH
Ter OF this Bank, shall be directly indirectly con-
cerned in the purchase sale Of any of the public
stock funds, under the penalty OF 600 TO be for
eited, one half thereof 10 the OF the State and the
other half to the IRE OF the iniormer; nor shall the
Cashier be allowed carry any other business than
that OF the Bank, under the penalty Of So o0o:--nor
shall any President, Casher,r other Off be anho-
rzed TO vote as Proxy Tor any stakeholder any
ing oil the stockholders OF the said Bdnk-D all me ct
ngs Of the stockholders the Treasurer of the Common
wealth. such other person persons shall he an
pointed from time time to mt the in crest of
the Commonwealth in the said Bank, by or under any
law which shall be enacted for the purpose shall upon
every question. other than the appoin men, Of drec-
tors, have vote voiss equal third of al, the
voes given IN The meeting upon such question. The
aPpontment OF Directors shall remain as heretofore
a. BE ii further enacted, That the bills or notes of
the Bank OF Virginia. originally made payable, or
which shall have be come payable, on demand In gold
or silver coin, shall Ire receivable in all payments to the
State OF Virgina:-hU if the said Bank shall at any
me ail or refuse to redeem its notes in gold silver
coin. 1t. issues shall he longer receivable afore-
said-And the right s hereby reserved the gi,a-
'nre at any time, to provide by lhw, that the bis
notes oil the sad Bank shall not be in pay
! ments 10 the Safe.
BE it further enacted, That it shall be the duty of
the Treasurer from the Ist lay of March 1890 IN de-
post one moety of the public monies in the Bank of
Virginia, in such is now or may hereafter be-
prescribed by law:-but it, at any time, the Treasurer
shall have good cause to suspect that any injury will bo
sustained by the Commonwealth in making such demo.
sites, he is hereby authorized and empower by with
the advice OF the Executive withhold the same I'M
tn after the next meeting OF the General Assembly to
w ON he shall communicate the facts.
o. BE it further enacted. That no bill Of exchange
drawn on any citizen of this Commonwealth, resident
therein shall be purchased by the Bank, nor by any
officer Of the Bank, by any other person for the be-
noft OF the Bank, unless such bill shall have been pre-
viously submitted TO the consideration of the Board
OF Directors, and by the vote Of majority of such
Board ii shall have been directed that the said
bill be purchased Tor The benefit of the Bank:--
nor shall il BE- lawful for any officer other per-
son To deal in other bills Of exchange for the be
OF Bank, with the funds Of tn B NIX who shall
not have been authorized 10, by the vote of ma
Jo'ity OF the Board Of Directors and each and every
person thus authorized is hereby required to report
each purchase other negotiation to the Board Of D.
reciors on the next discount day.
10. This act shall and be In force fram and
alter the time when its provisions shall have bee
proved by III" sioekoldsrsin The said Bank, al gene
raj meeting 10 be convened therefor, before the
LIST day OF June next aud such approval ,hs have been
made and duly certified TO the Executive si this Com
inonweaiih-h such meeting, stakeholder shah
vote by proxy, unless such proxy shall he appointed
after the passing OF his act.
" The Superior Court RI Cnancery for the Rich
mond district will be in session the FIRST day Of next
month.
appOinfnnHfs.- National hfeHigsncer efTues-
day Gays; The ~ nate having sat with closed doors
nea y al day yest"Tdy well as on Friday last, il IL
conjnctured that some Of the nominations to Office by
the President OF the Uaed States have given rise 10