Canton herald. (Canton, Miss.) 1837-1839, 1838-03-21
CANTON. MI WEDNESDAY, MNHcn u, idi6.

DE amount ~ stock provided luf ~ Va
ne fret section II this supplemental W
aei. and IN no case shall this aet be 10 -,
construed a. lu allow more Than live "
directors on the part ui the state rs ol'
provided luf IN ,he original act su
Ssrr.p. Bet further saac'ft. That nv
the president and directors OF the Ipi
d Mississippi Union Bank, or the -
managers thereof, shall have ample VI
power To- appoint three commission 8
ers 10 negotiate and sell the State y
bonds, provided lor in the fifth section y
Of the act incorporating the subscrr y
+ bers TO the Mississippi Union Bank. y
IN any market within the United
States. or IN any foreign market I'M
der such rules aud regulations as may
be adopted by sand president ana 81.
rectorS or managers, not inconsistent
, with the provisions of the charter o.
said hank. Provided, said bonds shall !
not be sold under their par value ana
= the said commissioners shall not ac-
: cept Of any commission or agency, |
u from any other banking or railroad
l. company whatsoever, for the disposal
s. CT any bonds for the raising OF money.
or act as agents for the procuring oil
=, loans upon the pledge iot real estate
70 for the benefit of any other corpora
NJ ton.
~ SECT. 10. BE il further enacted
~ That the said commissioners shall, IN
~ conversation for their services, be
on paid out of the funds of said bank, and
bv all expenses thereon be betrayed by
m. the said bank.
he
GU Seer. l2.- BE il further enacted
uly That the county Of Newton Is herep.
nd attached to the first district.
oks SECT. -. BE il further enacte'
we That in estimating plantations, tn
for ratio of land unimproved shall nc
red exceed the land in actual cultivation
gers or cleared land and ready tor cult
eral walton, in greater proportion 'h'
irty ten acres of uncuItlvated land TO OF
, by Of cultivated or cleared land mt i
east cultivation; and that after tract
each land being composed Of connected
ton contiguous parts shall exceed OF
the thousand acres, then the ratio OF u
,ton cultivated lands shall not in such es
sub ,n,to evceed five 10 one Of the Ian
and in one entire tract susceptible OF |
titles inc cultivated: Proutded, ho'cer
enti- That when the lands not IN actual c
That twation shall exceed the ratio abe
Il be mentioned, the excess shall be c.
State sidered as unimproved lands
SECT. IA. Be it further endc'
That That the branch of the Mlsslss'
o APP Union Bank for the third d,siric
, wish hereby located at the town oil KIP
obtain in the county of Tippah.
as the SECT. IS. Be it further enGt
books Tbat the branch of the Union b
Y take for the fifth district shall be locate
lily to ,he town Of ponola in the count,
" per- ponola.
n oath Srcr. &c. Be il further ena
That so much of the original cha
!, That of the Union Bank OF the stat
lk shall Mississippi, as conflicts with the
bscrip- v;s,ons Of this act, be and the
lies the the is hereby repealed.
's' WIN Seer. II. Be IL further END
taking Thot ca much of the fourteenth
roperty ton Of the charter Of the M'ssls
~, Union Bank as provides Tor tn
"a; na' monument Of a provisional direc
Union be and the same is hereby repe
lla'l'cs' and the ten managers elected D.
ie'r nc. ,e provisions Of the second sec, e
o, ul w. the charter, shall compose the Il
tue III provisional directory, who sil;
ana l, .'aI required to perform all the dn''
rs S'ate ouired of the said provisional are
us G G, in the original charter, and tn'
90, lha' choice Of president Tor the sal'
It's own shall be confined to their own
amount IN and thu president and directory
~ OF ,'s pointed shall remain in oihce uni
thaI 'he are superseded by the election
gne9 py cessors bv the stockholders, a
'snea d.. Dy the Legislature as provided Tor
company '"e' w. % %. !, further c
same. oaoF' los SC tho nineteen
ted, That mat SO MUCH ~ nbar,er rs
different tlon OF the o''5'"a ,on,h of the
, take the the state 10 one s"aied and ,
tive dis. of the bank, be repealen' anu :
,ov have of the ,hirty-frst section OF !,
my mol charter as entitled the ST