Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-04-22

s.enruv OF persons charged with criminal offence;
authorizes the removal ii prisoners Ia any eoHse-
,ient corporation jUl IA the sane o1 an ''Ialatng
county, a. veil as to neighbpuriug county J'is ae-
cofdIus 10 the provisions oithc at Of ls3G.
Az ACT
To repeai and omend c,riaia ocs respecting lie Banks
Of dIs Cesaaoarcaia pascal 3IHi /, l-3a.
/. BE Il caade8 Ia de Gs1etat .iasrpLig, That
any incorporated Bank thu may latr heretofore
forfeited us charter. OF mafir hab'c tn other penalties
by falling 10 pay specie. IS hereby ieNfsrd of such
forfeiture aud other penalties; and the charters Of
all suth banks. with the rehis and powers theleby
conferred. snail be, aud the same are hereby doclai-
ei. to be in fatl force and ei1cct.
,. BIZ ii tstHcr CaarffR. Thn, L the Etpk Of
Nnei1Ia. lte fatnets' ilank Of Virginia, AID the
Bank 81 the Valley, 10 Nneinla. or a. her al them,
shall acocrt lie provisions OF the act increasing tie
banking capnnl Of the Commons calth. passed March
p, 1887, rs modified b. ltls act, the Beuk or Bauks
80 accepting. siali SO regulate Their loans aud US
counts, as that hey shah not exceed i"lcethc amount
OF ihcir capital stoc@ actually raIi IA.
3. BE a further eaaeted, That 1t the stockholders
Of ,l,c Bank OF Virginia. tie Farmers Bank 81 Nlr-
gI.,a. oreither ef SAID Bauas, shall not, IN SIXTY days
after the passage Of tins act, consent, IN general
meeting. 10 aeerpt the rtoyi,iuas OF inis act, and the
act entitled +" an act increasing he banking capital Of
the Commonwealth, " passed VI arch 25tlt, 1897, n
hereby modified, and notify tie Executive thereof
the Bank OF Banks 50 failing. shall not be entitled 10
claim tie benefit Of SAID acts; and II the stockholders
Of the said Banks, or either Of Them, shall accept the
provisions OF tins SAID act, II sh all not be necessary
for ibem TO maxi any change in the number OF d.
reolors, or the mode OF appointing them, until the
next annual meeting e tie stockholders as therein
required Tor The election of directors and those
who are now IA Office, or WHO may hereafter by ap-
pointed TO Gil the vacancies, shall continue IN of
fee. according to the directions oi the sad act
Provided, thai tie BaHh Of the Valley, IN Virginia,
shall be subject to all the provisions Of this section,
except that size may have four months instead U
sixty days within which 10 accept the provisions U
this act, anu the act entitled " an act Increasing The
banning capital Of this Commonwealth" passed
Mar,h 25th. 1887.
4. BE II furifcr enacted, Tint it shall be Lawful
for The Banks oil Virginia and the Farmers Bank o
Virginia, II std banks shall accept the provisions o
The act enntled - an aet Increasing the banking capi
tai of The calli. y passed March 25th, 1887
as the same are modified by this act, 10 add 10 thei
respective capitals over and above the increase au
thoIIzed by the said act. the Bank of Virginia III,
sum OF SG00, 900, and the Farmers Bank II Virginia
S735,00O but # Que only Of The said banks shall &c
oept as aforesaid. then II shall ouly be lawful ior TIN
hank So accepting Ia make such further increase tt
its capital stock. The additional stock hereby an
,horized, shall be raised by the President ADD ID
rectors OF SAID banks, or either Of then, IN The bs
manner for the interest Of the said corporation, s
that 500 for each share shall be secured Provided
however. that said bank or banks, as the case ma,
be, shall make The distribution OF caplial, and oslab
llsh the branches as requireGby The act entitled al
act increasing the banking capital of the Coma on
wealth" passed March 25th. 1887, and a rcmainde
OF the additional capital 10 be retained by tie moth
tr banks respectively, in the cty OF Richmond.
B. Bet tufhfr enacted, That II The Bank of Nir
gina shall accept The provisions oflhis aud the be
fore fecited aci, II shall Increase the capItalof til,
branch al the town Of Buchanan, by the addH ona
sn.i Of one hundred thousand dollars, authorized b,
this act, when The whole amount thereof shall hay,
been subscribed.
6. he ,ttarhher enacted, That the 18th section o
the act entitled an actincIeasing the banking eapl'
Ia, OF the Commonwealth" passed March 25th
1887, be, and the same Is hereby repealed.
Z. BE Il further enacted, That If The provisions. oil
tie last rceiied act be accepted by the Bank Of Vif.
gina and J. aimers' Bank OF Virginia, II shall be the
duty OF the Treasurer, after the lst day Of June,
ie'2 TO deposile one thIrd Of the public moneys III
the ofhce oil discount aud depuslte of the Exchange
Bank of Virginia at Richmond, one-thitd in the
Farmers Bank Of Virginia, IN the same manner as
Is now or may hereafter be prescribed by law but,
IN the event OF The Bank Of Virginia OF Tue Farmers
Dank OF Virginia declining to accept the PROVISIONS
oil tins aud ,fihe lecited acts as herein provided.
one inoieiy OF the public moneys shall be deposited.
aiter ue expiration oil the charter OF the b INK 50
refusing, IN one Of the sand Banks that shall accept
thereoi. ana the other molety in the Branch of the
Exchange Bank al Richmond and If both OF the
said Banks decline accepting said provisions, then
all the moneys of the Commonwealth shall be de.
posted in the said Branch OF the EXCHANGE Bank
Prortded, Tliarif The Treasurer shall at any time
nave sooo cause 10 beiieve tnAt any INJURY will be
sustained by the Commonwealth from making such
deIjosites, or continuing The same, he is hereby
empowered, with the consent Of the Executive, to
remove and Withhold the same from either Of SAID
Banks until The meeting Of The Legislature, which
may al all times, control such d~eposites in any man
her Whatever.
8. BE Jurher enacted, That upon the Executive
beng Notified Of The acceptance by the stockholders
ofihs Fatmens' Bank of virginia and of the Bank
OF Virginia. and Bank Of the Valley in Virginia, or
either of tlipm, ii the provisions OF this act as here
In nrurided. lie Trclsurcr slall nrn6n rd IN sl1h.