Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1840-04-16

one in the county Of Harrison; 70 be held in Botte.
soust the Hobhonse hotel, in lie town Of Bucha-
nan, aud in Harrison, OF the house u Ephrsim Bee
in the town u Lewisport.
179. An act regulating nothriai fees provides
that the fees TO nolare. public for protests shall
hereafter DO for each act of protesaton, including
atlestaiion under the seal of his oirc and pubca-
ton fifty csnts, aud for recording the same hiiy
cents aud no more.
lao An act to amend lha several acts concerning
the banks; suspends until tile cad Of the ses-
sion Of the general assembly, much Of any act as
may subject the banks Of the State to the forfeit
,ufe OF thcir charters fr falling or refusing TO
pay their notes and debfs 10 specie, and TO The
Payfoent Of damages OF interest exceeding ak
per cent for such failure. Suspends until the Isl
81 april 1871, such acts may prohibit. hem from
issuing pptes for sums of hso and ten dollafs and
where my bank shall hayo forfeited It's chatter Dy
failing TO pay specie the forftureis suspended and
the ch4rier declared IN full force Until the end oil
he s.cxt Geaeral Assembly; but the amount OF any
note or debt due from apy bank may W recovered
! in the modes DOW authorized " law
The act authorizes the nofeS OF the banks 10 be
I received in payment Of deois, and taxes due the
State, and directs the public dePoses 10 be conlir-
uad 10 be made in the Bank Of Virginia and far
nsrs Bank, unless tho executive shall otherwise Dr.
rect in which ease tho treasurer IS to provide Tor
L
ceive and pay without deposting the same in bank
| OF drawing u check therefor.
Prohibits the banks from making dividends ex-
cseding six per cent unless, for one month Prev
ousiy, they shall have actually resumed specie pay
! metts and requires item TO regulate their loans
and discounts 40 that the amount Of outstanding
dab.s on the st Of January 34l, shall not exceed
The amount thereof on the lst January 1910.
! Requires the annual meeting OF The stock holders
1 F,l. ha, IN he IA, II n the WpdueSda
after the first Tuesday in January.
Modihss the oath to be taken by The directors so
a. to require them 10 swear that they will not dis
count or purchase at rate OF interest exceeding
that which tie bank might demand, any note OF
BILL the discount OF which has been rejected by Tie
bark &c which they are directors
Provides that No discount shaIl be made OF note
negotiated unless it shall be equally submilted to
I and pa. ed BY the boatd Of directors; and prulib.
/ its the discount OF notes or bills made and drawn
| BY my director, and endorsed accepted by any
other director bt the same board and which may
hive bceD rnnde to be discounted for the nccommo-
dalton VI either Of them for any person @hatey
The act further provides that in all in hich
executions shall bo Issued, unless the plaintiff or his
attorney shall endorse thereon that bank notes may
be received, Tho defendant mny execute TO the Off
Ger ha ing the execution. bond and secniity 10 pay
tho debt and interest the LIST Of April 1871 the
bond to DO returned to The clerk office OF the court
issuing the execution, subject to the plaintiff or
der. Gives the plaintiff when the bond becomes
due and is paid the right upon ten dass notice,
TO oh ain execution thereuptn; and npon such exc
culion no security is to be taken Suspends also SO
much OF any act as authorizes the recovery OF any
money or debt by motion against the banks, until
the rising of the next general assembly.
Prohibits the ba INKS from receiving in payment
Oh on deosiie. after the first vi April next the bnnk
notes Of any bank located beyond the State. OF
denomination lees Than ten dollar, from issuing
or circulating any bond poie, bill or draft.
dence of debt, which is payable on demand; aud
inhets any officer violating this last provision,
the penalty Of one hundred dollars
r. quises tha, il any ,fhce Of bank shall re-is-
sue the notes of such bank under the denomination
of hYc dollars, that he shall be Immediately dismiss
sed from the service of ths bank aud any officer
or director having the power, ard failing 10 DIS
miss ssch offender shall be liable TO prosecution
as for a misdrmes nor and 10 be fined for every Of
fence $500, ard TO be ineligible fos three years TO
The Office he may ho.d.
Increases, The number of directors of the Bank Of
the Valley nine. four to be appointed by the Ex-
ecutve and five by the stockholders.
And the act requires the Opposite banks for The
State pay the semi annual interest due from the
in July next, in specie or its equiv
alsnt il so required by the creditors, without char
cling any premium therefor.