The Arkansas advocate., 1834-04-18


 ia..5 r. ssIIareh E, M9. Nessrnn ps s fssJd fad,ee tle bi!l, of which he had |anen.s s ass ,ar and which is as follows |bIe ''g n'4s a.inne for the term of six years aa ia co,;.ied t An 4 ct to incorporate
 sanse asi asi'as;befs e~iiba to the Bank of the Uni
 Tor esia sa.ssd 6c. That the act entitled
 s q tie ls s 2 incorporate tte subscribers te
 # h lhe United States" approved iaued 6a nA y ,ay of April, in the year one
 Fe2se3 s's ';ahl hundred and sixteens shall |haiFse, pl E,l force and effect for the term
 l'5ogf, from and after the period DAMS, q aied for its expiration, to wit the > lid ' If March, in tue year one thou- sddEF ol 5, hladred and thirty siA; and that - aARD. 9~9ts, interests. properties, powers, U decid. .1sres secured by the same act, with
 aeas 56 as conditions, restrictions, and ,ea-sia prescribed and imposed, be '' ;aa1fer the said third day of March, ceessiIe me thousand eight hundred anu aairiyedaf ai dHne the said six years, as if the on bl. natioa in the said act had not been
 Was les peapiae5, nevertheless, that so E.f tbe said act as declares that no Irene t s s9.,k shall he established by any f-
 eearness If the United States, during the Il. LFR. a.oqe Of the Corporation thereby dment he s5sIl not be continued by this act;
 the con. shall be lawful for Congress, |ad repot ar f shall see if, to establish any panE t0 come into existence and op- ilenl Wa! 4 any time. on Of after the fourth Narch, one thousand eight hundred Xfrna
 ae oOl ea htg six.
 insert a D find be a fBtIey eaaclsd, That |Smlh. bfe moneys accruing to the United |splN' and and becoming payable from and al-
 rassaqe of this act, in places where |of two q Bank, or any of it's offices, Is es- bsd. shah he deposited in the Bank of
 iouse tR foaed States and it's offices as hereto 'mmree pr8rided, that, al any time after this lppfopa hull have been accepted, Congress sing aa By law or joint resolution, cause such s to De withdrawn and removed to |e Mto a bbsr custody or place of deposite.
 enGnen }. find De | further etacied, I hat, no hqas saerahon of the benefits and privlle- 0lerred by tllis act, the said Bank ehgF9a mr to the United States the annuity siy sum of two hundred thousand |eh B. s which said sum shall be paid, by the Eepoa Bank, on the 9th day of March, in
 cans, and every year, during the said term l ilan, H Years
 lhe ra e. 1. find De I further enacted, That |al OFlB gess may provide by law, that the said K tory al shall be restrained, at any time after Iegm- #brl day Of March, in the year one lon. sbaad eight hundred and thirty six, from iat3 ag, issaina. or keeping in circulation,
 notes or bills of said Bank. or any of | he b1e pGces, of a less sum or denomination |erFaag twenty dollars.
 a ee 5 ind be t futkeg saGetet', That, a of ta Rw time oy times within the last three Is aPat EB of the existence of said corporation, continued bY this act, it shall be lawful |tioR,- IT the President and Directors 10 divide
 peoa ag the several stockholders thereof, |f o5 h portions of the capital stock of the l loada corporation, as they may have with nd txn from active use, and may judge coastT bNr so 10 divide.
 |etose See. G. .and De t ft,rtlaeY enacted, That |e Eo1i much of any act or acts of Congress, |bsed giofore passed and now in force, supple E posi- Elary to, CT in any wise connected with. of fa said original act of incorporation, ap- | Poa pged on the tenth day of April, in the |licats kaoae thousand eight hundred and six led sd s4 as Is not inconsistent with this act, |lg ca ai be continued in full force and effect radd rng the said six years, after the third day l elga March, in the year one thousand eight l Oa nded and thirty six.
 paaf Sec. T. find bs II further eaocied, That
 saH til tic duty Of ttliie President and D- |ies Fcors of the said Bank, on or before the man < day of the next session of Congress, |nt C asnliy to the President of the United |emr fles their acceptance, on behalf of the |t pro aOk of the United States, of the terms
 ds Pd conditions in this act contained, and if raa eT shall fail to do so on or before the day |ralG SqVe mentioned, then this act shall cease |etR 0be In force.
 frevlous to the introduction of the bill, @ Webster addressed the Senate at some "s@' egpounding the situation of the o9nlFy, the opinions of the Committee, He@ aa AIS own views, in the presentation of |, us As measure. Cur limits permit us to give X%, s0e following extract-the conclusion |fs a Af. Webster's speech.
 |Ia euen, NIT. President, are the provisions " " lAs Diil. They are few and simple. f :, the Bank is to be continued for six |e,a The dePosites are to berestored after Fe qs lst of July.
 .... s' V0ngress is to be at perfect liberty to F.as .aas any new Bank, at any time after |r ts,; :. The Directors, in order 10 wind up |n siv sa concerns, may, three years before the |a anoa 1sals explre, begin to divide the capital N ~.oag the stockholders.