The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1836-02-22
os eha.lles Of the same. from being also! I

liable for the said excess, and such of the
Directors as may hsve been absent when
sach excess was contracted, or csea,c.! "r
such as may have disscn,ei t, ON sl.c rcso-
luton, Or act. whereby the same was SC
contracted or created, may respect,vc,,
exoneraie themselves from being ;hus !ia-
Bile, by forthwith giving notice VI The taci,
aud Of their absence or dissent, 10 ih..
Stockholders, a, general meeting Of t.lc
Stockholders 10 be called for said pur.
pose.
SEC H. Tha, the said corporation shall
no, be permitted to purchase any pan.ic drbi
whatsoever. excep, sock Of this ate or i
the United .ta!es, nor shall drec,Iy, or ~
directly t. ade III ANY thing except Notes. Bills
Of Excangc, Gold or Silver Button. or IN
the sale Of goods, really and truly pcds-d
fos monsy len, and no, redeemed III due time,
or OF goods which shall be the produce Of
iss lands; neither shall III, said corporation
take more than at the rate # one per CEN
,um DISCOUNT. for sixty days. Tor or upon
its loans or discounts; that # the sad cor
,poraiion, or any person or persons, Tor The
use Of the sand corpn.s,.on. shall purchase,
trade, discount. OF loan contrary TO tn rror'-
lions OF this acl, all md every person and
pcrsens thus purchasing, trading d'scoun'Ing
or loauiug, contrary TO the Pros,sinn. Of thus
ac;, shall forfeit amd loose irea!e TIC value OF
the goods. wares aud mercn'nd,zc. noes.
bills ur loans. thus illegally purchased. traded
fir. discounted for, nr loaned, one halt there
Of 10 The use Of the nformer, and the other
half 20 the use Of the State.
Sgc. l9 That tho bill. or notes Of III.
said corporation, originally made p,yaH on
demand, or which snail became parade IN
y,ld or silver, cur.ent CON snail ~ rcc,sva able
by the Treasurer. r.. Collectors. solicitors,
and other public officers in al payments Tor
taxes. os o.hcr MONIES due TO the : a:e. ~
long a. the said Bank shall pay gold and SAL
xcr. curren, co,u COR their notcs. but w'."n
cvc, there shall be rrocN on any OF ~"
Hills or notes. Of he SAID aaRx for non-p "
men, in specie. the ComPir' 'Ii'r Grnrra' sal
b. authorised. and he ,> hereby rs9 Ir.,i t"
coun,crmand The rcce,p; OF the bills or notes
OF The Bank III paymem OF 'aNes or ds1''
due 10 the Sis!c. unlc.s good ana 's.','a 'io'y
cause shall be shuwa h.m, by .i'" sad oofpH-
r,ipn for coutc,.,n: III Court OF Justice, The
pay men' ihrteo:.
SEC. ~. Tha, dividend. shall he made.
nj lcas, twice in each wear. bv i!'s s,.d
CORPORATION. nt so much "i The rr"i'!s OF
said Bank. as shall! appear /" ;hc Dice
,ors advisable; and "nec in crc'y year VAC
Directors xhaii cav before the SIocAn"i-
ae:s. alta general ncc,:ng, for their i"'"r-
nation, l.c amoun! Of surplus pro:s. !!
suy. after ielue,i"g lo..rs and ,.!riic:..'
Src. yt That IN case oi ,'c taiiu:r Il
he said Bank. each aockhr'acr. corar'-
sers:,;p. or 'iy ro's:.1 -. sA-.'.
us shares therein. .: ,.,c tis"r q: ,ue! .-'-
iutr. .,r wi, sna.: have been '":ctcsicI
m .,rin. al aav ,iNc within AK mouths
10 ru-h !A;lrrc. shall br lab"
anJ ..e,i boua! ind;r;d'aA.. Or any ,'n'
s..,, exceeding ,aicc The amount "l '"s. nc.
or thri- share. "r shares
Src. 20. And The said corporation IS
hereby su,hot..c! 10 inc',asc shcrF c i''
tai 10 sum Mt exceeding FIVE liund'c"
THOUSAND i,olln,s. should mal"ri'E "'
the Stockholders. al general meeting. a.
any time, during ,ar Continuance o' i"r!f
Oh .r,cr, deem ,.,c sam. nece-sar. and ad-
visab!c. BY dispos'ne OF any n'n''r' "'
additional shares. not rxccc'il,g SIX ;h"u.
"a nd. snd Cor every hundred d"lia's "t a..
di,innai stock. so disposed Of by the s-'i
the Bank Aail pay in'" tho
Trca.ur, the sum OF .wo dollars aud h!.y
cents.
SEC. .. Ths, any real cs:a.", bis.
notes profits. ar other property. wtiaic'rf'
which NAV. on the dissolution "i .a''! cor
pors.ion. be Owned. or p".scs,c' b, IT,
snsll be held By the Dirce,"r, Of the 'a'|
bank. fn. tic use ak: brnci's of all l''t'
sons holding share" in The '"''! ''rp"fA,
ton n, The ,imr of It's di.s ''n:l"n. AMI
their lcra! assigns and rcpr'~c"''"r"'' IN
average and pro,"rslon ~ The ""'ne'' or
unoun, of ssid shares.
Sac. "a. Tha. the said RAnl shall nn'
hc authorized TO issue hils under The de-
nomination OF FIVE dollars
CINCINNATI AND CHARLESTON