Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-04-20
NO. I2.

Pses isuus sfc 10 DC otvtde0 among
their several Offices, by equal semi-aa.
noal instslmsnts. proportioaed 70 the
losses OF the parent bank and branches:
the distribution 20 be completed BY the
brat OF June. 1880. The capital Of the
BANK OF vfReIxiA 20 be distributed.
at Richmond 81. 200. 900; q Norfolk
$50 600. ct Portsmouth 1850. 600. At
Petersburg $3.50, 900: al Lynchburx
S4o0.000; At DanvilIe SEQ, 600: at
buchanan $500. 900; and a. Charles
ton $3.50. 600. OF the FAnxrrs' BAsx
at Richmond 500, 600; AZ Norfolk
$50. 900; At Petersburg S27O. 600: AZ
Fredericksburg $3.50. 900: az LYNCH.
burg $3.50, 600: at Winchester 400. 900;
At panviile $50. 900: al Abingdon or
Evansham $50. 900; At FarmriIls
300 900; and az Scottsville or Char.
iottesville $3.50, 600. ofthe BAvx or
Use VALLEY. ut Winchester 1860. 600;
At Leesburg S2l0. 900: at Chsrlestown
S2iO.OO0; at Romney S225. 900; al
Staunton $500. 900: al Warrenion l35-
900 dollars. OF the NORTH WEsrrRs
BANK. at Wheeling $40, 900 dolls: AZ
Weilsburg l60. 600 dolls; nj Parker,.
burg 100. 900 dole. And Of the AfrR-
CHANTS AND MECHANICS BANK. NJ
WHEELING SIC. 900 dolls; az MORAN
town $780, 900 dolls. The directors Of
each branch to appoint the cashier and
other officers. The subscriptions by
The State TO be made by the treasurer.
A bonus to the State is required from
the new stock created equal 70 the
amount required by the general act
regulating banks, and after the expira-
ton Of the charters Of the old banks.
the whole stock to pay semi annually
the same amount the charters Of the
old banks accepting the terms OF the
act TO be extended until the LIST of
April. 1897. except the 6th section Of
the Virginia bank charter, and so much
OF the present charters as are contrary
to the general act. Suspends the one
ration OF so much Of he general act as
prohibits the banks from issuing notes
Of less denomination THAI SO. until
the LIST OF October, 1897, the Exchange
Bank OF Norfolk being excepted from
this provision. Authorizes the Farm.
ers' Bank Of Virginia 10 retain as a nart
OF MS increased capital out OF its surplus
profits $lSJ. 600. and the Bank Of Viz
ginia $l50,00O If either of these two
banks refuse 20 accept this act as their
charter, the whole increase allowed
the one refusing, TO 20 TO the other:
either bank accepting TO establish all
the branches provided for both; and II
both refuse, then the Exchange bank
al Norfolk Is authorized TO increase ils
capital TO the further sum OF s :35O. 600.
one moiety 10 be taken BY the State.
and the bank 10 establish branch at
Portsmouth, in lieu OF the branch re-
CURED to DC placed there BY the hank
OF Virginia. and the executive are 10
loan out the residue OF the surplos re-
venue received from the United States.
Thesubscrirtion oy the State, to ali
these banks. except the bank Of Vir-
sinla and the Farmers bank, 20 be
paid out Of tho surplus revenue recely-
ed from the u. States on the fFst of
July and October next. and 90 much OF
the sum previously received as may Be
Necessary: and the subscription 70 these
banks out Of the sun pre- viousiv receiv-
ed; the residue 70 be loaned TO The
said two banks 81 0per cent. interest.
TIL the ist March next, aud then IL re-.
CURED, 10 be paid by iaslalmenla Of
Sd, 900 per month. the State Feserv-
ing the right TO convert The same into
additional stock. Al par in said banks.
The Bank OF Virginia and Farmers
Bank not TO be compelled 10 pew. of
the aarPlus Fevenne Of the u. States.
on hand more than one moiety, before
the LIST Of July and The other raufeiv
before the FIRST day Of October. n "a.
Their the North western Bank or the
Mesehants' and Mechanics Bank shall
refuse TO accept this scl, the whols in
crease OF the bank refusing 70 60 10 Inc
bank accepting. aid the baak aceeptinw
10 establish the bFfnches Feoaired ~
the other. II The Bank Of Vrk1nia
snd FarmeTs' Bank shall each regns.s a.
accept the act. new bank Il 10 be a..
iablished at Lynchb1sg, with . cspstal
Of St,3l5, 900, Nth hraaehel "a
Charleston eth S200. COO e DansilIs
With Sl00. 900; a. rarnsills. w,,h
SSsN.OOet a. Charlottesville - seosse-
vile w.sb $50 600: a Atsuv,ion -
Evanshan. with $40. 600 and A.
fredeFicksburg. with alfSl 400 a.
charter ~ sad bank 81 f.Ynclburs. ife..
iablishsd, 70 coatiaNe iill lss yaly 1850.
EAANciPATEp SLAVES.
An act smendisg tie laws cosrern.
ing emaneipaied slaves. free aess.es
and 1sieii0es gives ihe conbgv "a
Cooperation coufis iha pawer a. gr.st
any person emsncipsted s.nee O. -
e May 'sl'6. or Sho may 81 k.~of
ZEE smaDcg,aisd. pernis.iss Is rern,.
"a 'he sad cpaniy % sorgsnrslioa. 81
The Justices having been pgsvion.iv
sufnmoned. sad sssiosify being re.
'eni, sod noiics n ths applieafioa -.
inR been Pasfed aithe door a Ibe esaf
tc''se - lfssi iNn noBiha r4ereding
ihfee foaFihs ofihe iasiices ,.ressni go.
. effinE - RfsBfing the psflli sssaa aaa
ne aiiosney ioF ihe ComManm~slfh
~. 49,. a. a 80.