Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1834-05-15

oftiN anu NO ouiCeS OIL DISCOUNT anu uc-
posite shall not issue or circulate, after
the year one thousand eight hundred
and forty, any note Of a less sum or de-
nomination than twenty dollars, or re-
ceive the notes of any bank which shall,
after that time, issue note ola less sum
or denomination than ten dollars.
SEC. 5. AndJe ii further enacted, That
the president, cashier, directors, or any
lofiicer Of the bank, shall be incapable
while in office Of acting as agent or at
torney in voting at any election for such
officers, nor shall it be lawful for said
bank or any of its offices ofdiscount and
deposite to make, print, or cause to be
Ioirculated any instrument of writing,
pamphlet, or paper, except such as re.
late directly to, and are extracted from
their hooks, OF may be necessary to ex-
plain the transactions Of the bank; and
in all such publications the order of the
board Of directors shall be made a part
of it: Pro0ided, That it shall be deemed
violation of the charter. for the bank,
either by the use Of its funds, or in any
other way, to interfere with popular C.
leciions in any of the states or in the
Ucited States, Of which congress shall
be the judge: ProUided also, That for.
feiturc of the charter shall not deprive
the bank from the privilege of winding
Inp its business, for when two years
shall be allowed from and after its cor
porate authority shall have ended, or
lits charter shall be declared forfeited,
which declaration may in such cases, be
by an act or Joint resolution of congress
to be approved by the president.
SEC. 6. .And be ii further enacted, That
all the public moneys accruing to the.
United States, and becoming payable
from and after the passage of this act,
in places where the said bank or any of
its offices of discount and deposite is es-
fahlished, shall be deposited in the bank
lot the United States and its offices of
discount and deposite, as heretofore:
ProOiaed, That congress may hv law at
airy time cause such moneys to be with
drawn, and removed to any other place
of deposite.
SEC. 7. find be 1t further enacted, That
1it shall be lawful for congress to char
ter another bank of the United States,
to go into operation three years before
the expiration Of the charter Of this bank
as extended: Provided. That at any time
within the last three years of the exist
ence ofsaid corporation, as continued bv
this act, it shall he lawful for the prcsi-
I dent and directors 10 divide among the
}spvprai CT clhol r., fb,r,af
tons of the capital stock of said bank,
as they may have withdrawn from act
i've use, and mayjudge proper so to di,
. vide: Prouided also, That the president
r and directors shall pay over to said
r stockholders the par value of all the
stock they shall have surrendered under
[. the provisions of this act. and which
: shall have been subscribed for, as here
r in authorized.
r SEC. 8. find be 1t further enacted, That
, so much Of any act or acts of cons
grcss heretofore passed, and now in
force, or any act supplementary to, or
} IN ahywise connected with, the said ORR
'lginalact Of incorporation, approved on
rhe tenth day of April, ona thousand
Eight hundred and sixteen, as is not in
consistent with this act. shall be contin-
ned in foil force and effect during the
continuation Of said charter as extended.
SEC. 9. And be ii further enacted, That,
IN consideration of the benefits and priv.
Ilrgrs conferred by this act, the said ,
bank shall pay to the treasurer of the
United States, the annuity or yearly
sum OF two hundred thousand dollars,
which said sum shall be paid by the said
bank on the third day of March, in the
year one thousand eight hundred and
lhlrty-seven, and on the third day Of
March in each aud every year thereafte
during the said term of twenty years, or
during the continuation of the charter
of said bank: Provided, That the said
annual sum Of two hundred thousand
dollars shall he appropriated BY congress
for works Of internal improvement, OF,
shall be divided equally among the sew
eral states for that object, in proportion
TO the population, as ascertained by the
federal census of The said states, al the
time any such distribution shall take
place.
SEC. 10. find be itfurther edacted, That
the bank shall not hereafter establish.
|; ny additional office of discount and de-