Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-06-17

d not be considered officers OF the bank, within IN
'e "I ,1n o, the section OF the act.
" itu. Inc otfetr at the head OF the Treasury De
NJ par'ment OF the United States shall be furnished
&c ron ume 10 time, as often he may require, no
" eeSsung once week, with such statements of tn
condition and business of said CORPORATION rs he ma,
i, specially direct; and he shall also have n right q
" inspect, or cause TO be inspected by some one h,
nun uuy authorized, all the books, papers, and ac
y ou.s " inc said corporation Of every kind nclu
;, uinS he accounts Of individuals: and the condo,
" OF the bank shall be published monthly in sucl
&C manner and with such particularly as the Secreta
:, the treasury shall direct. And the said banl
g aI DC open at all times 10 the full and unrestricted
: mspeenoh OF committee Of either House Of Con
. stess, committee OF the stockholders and TO each
u anu az OF the directors OF the bank
l'th. no note shall be issued of a less denomina.
Won uan ten dollars; nor shall the said bank dis
count notes, or purchase exchange, or otherw sc cx
au us Io'ns, when the notes in circulation exceed
; "tv rec unsS the amount Of specie in its vaults.
. i3'h' The debts due, aud becoming due to said
: N, S"aii never, at any one time, exceed the
ouns OF the capital stock actually paid in and Sc.
'enSy-h.e per cent. advance thereon.
.v.n NO paper shall be discounted, or any loan
uaue, oy said bank for longer time than on.shun-
dred and eighty days. nor shall any note or bill or
o'her debt, or evidence Of debt, be renewed or ex
NiueI oy any engagement or contract of said bank
/ expired. 7 ''''' ha'e
zist NO notes, or bills, or any other evidence of
Ieot Suapted and intended to circulate as money
au DC ISSUED by any Of the branches of said bank
| AsaN HONnlllS herein contained shall bc sn
construed as TO prohibit said branches from, scJI,n
uraIs OF nifty dollars and upwards, each drawn and
change. "S OK
22d. That said bank shall no, deal in ,ro1,,.. -
hoI any securities, other than notes OF hand or in
oS"I p.so exchange, unless taken for the security
2Sd. The SAID banks shall not pay out the no,es
OF any other bank, any thing exceat LEGAL co;n
oullon, or ITS own notes. |'
I'm. when surplus shall have accumulated in
III oenh 10 an amount exceeding one million of
collars, the excess that sum shall as il nccr.
DC annually transferred and paid over To the Trc,
~ V' tue united States; and any surplus W hich NAV
oe IA said bank n: the expiration offs charter. shall
/ United States. " '"e
Sec. IL. dad be Il further enacted. That If tbo
su corporation, or any person or persons for or to
v use OF the same, shall deal or trade in buying or
;;';.S any goods, wares, merchandise, or commo-
eI1s whatsoever, contrary 10 the provisions of bs
"o', "'' and every person persons by whom M,
SIue' OF direction Tor so dealing or TRADING sb,i
nav Ueen gwen and all, and every person or per.
so'iS' VINO shall have been concerned ns r,r,id :
agents therein, shall forfeit and lose r,ebI H. VI
vi N'e goods, wares, merchandise and comnoJ;,;.
III "hieh such dealing and tnde shall b,vs 49,.
I ,hSE'oi 70 The use OF the niormer and The
O'ne' nan thereof TO the use of the Unitca ST.,
suit. "' Win costs OF
.,i 10. .iHa De Il tsrihcr enoeisi Tha, if the
y,ora, Io'It.oh snail advance or lend any sum of
~ NtSIf VI on account OF the (,oyarn.
mehI OF the United States 10 an ,p,oun, .,.'i
80 unions OF dollars, or for the use or ON ,r
,ssi, ny particular State, 10 an amount not ex-
,SSS one hundred thousand dollars (unless an
t'o'-eu uy iaw,) all and every person and rcr,n,
oy aud with whose order, agreement corsso, Is
tG'''' anu conniVance, such unlawful ,dv,,,,, |
OF 'oah snail have been made upon cony,cr;or r.
he ,5 ,'e'' anu pay Tor every such offence ire
- ss '1'us OF amount Of the sum or sums which
nave nave oeen 50 unlawfully advanced ar Ion,
- tH'eUt 10 the use OF the iniormer and the resi-;
81 n'e q, 20 inc use OF the United States.
sec ii. And be It further enacted Thai Tho L;lI
or notes OF the said corporation ,S VIC oIlS
HO'o' OF winch shat! have become pav.bIe on !,
Sna'. oe receivable in all payments 10 tbo
ur'ea States unless otherwise directed by ne, or
Sec IS And be it further enacted -rb,,
tne continuance of this act, and whenever r.I,i.ni
~ ''S secretary OF the Treasury, the said corno.o
- siI'I give the necessary facilities for t,,n,c
rug rug me pubic funds from place 10 pI,cc ,yS; "
United States, or the Territories thereof "a H !ile
uIou''HS the same IN payment of the pubI,c -
80 "''"out charging commissions or eli, r,ir,, ~
p"auCes on account OF difference of excb,ngss,5
snat also 10 and perform the several and r.,5,: 80
GltIes OF the commissioners of loans c Il ptI''NS
CURED by law. '' whenever re |
Sec. 10; ind be il further enacted, Thu, the
posts OF the moneyof the United STATES !, 49,
IN Which the said bank and branches -, -
esao'Isheu, shall bc made in said bank or brnHyy,
Shereo unless Congress shall otherwise idirsc,I ,,
90 N'N 'IIaI All pubic MONEYS u
gahA' OF standing on its books to the credit Of III
treasurer, shall be taken and deemed IN Lo =; IL
treasury OF the United States, and ali n,,n
made by the Treasurer shall bc 49, - P'yhehls
said bank. eAS "'a"h on
Sec. IL. ind be Il further syoe,,J -rL..,
corporation shall not, at any time suspend or 60
payment, IN gold and silver, Of any of ito no., iiIr
% oOiiSations, nor of any moneys receivsJ 49,,
e. % ~. sa'G cahki or any OF It's offices Of discount
~deposi' and 1.-THE said corporation Iot an, 80;
refuse or neglect TO pay, on demand anu LII -
IoroO!isation, issued by the corporation ncco,4
contract promise, or understanding therein eyoress.
-, VI saI ne 'Sct or refuse TO pay, demand anv
moneys received IN said bank, or IN any of lie oliy
aforesaid, on deposit TO the person or ne,,a, ~:
ued 10 receive the same, then, and in ever,, -
case, The holder OF any such note Lin or - 80,
o'o 'hc person or persons entitled TO demand and
IeCt'e such moneys as Aforesaid, shall resn.r,;,I,
DC emitted TO receive and recover intcres, ~, -
SAID bills, notes, obligations or MONEYS u,,I III III
same shall be fully paid and satisfied ar rho '"1
| 800 per cent per annum, from the time Of surb
demand as aforesaid: ProUidsd That Conoross 80,
at any time hereafter enact laws enforcn, 80 may
s"i"unS the recovery OF the amount of The -.
p's' OF ob.isationsi or other debts of which -
u'sl' sha nave Peen refused as aforesaid, with he
rate OF interest above mentioned vesting i,,;ii'
ton for that purpose in any courts of IN. n S
or crTltoues thereof, OF the seyer,I S. =,
they may deem cxpedlent. '''' 20
sec - ma BE- II further enacted That If ,p,,
person shall falsely make, forge or counte,foi, ~
cause To procure 10 Jc falsely made forced rr -,
teTieted, or willingly aid or assist in r,lselv -, -
forging or countecIting any bill or noe an ;;,s'
OF, or purporunS TO be a bill or note issued L,,,.I
o. the said bank, or any order or check an ~ I
oahh or corporation, orany cashier thereof mr. Ill
Hsey uttsr, or cause or procure to he f,sev u,,,
go, or "liuily and or assist IN fasely utter,1,,
OIL or note issued by order Of the said hank -, "
ORDER or cheek on the said bank or corporotio, ~
any cashier thereof or shall pass utter or nubl,sS
OF attempt to pass, utter or publish as t,pe 1
iaIsc, forged or counterfeit bill or mote r,-T,,; ~
70 ne OH or noie issued ny order of the s,id ii
or any iilse, forged or cOunteflci.ed order nr cb
/ upon me SAID bank or corporation or any c,sbi,
Ihereoi, knowing the same to be falsely in,g,J -
oounterieiied; or shall pass, utter or pubI;sb o.
tempt 10 pass, utter or publish as true INV Csso
uttered biil or noio issued by order Of the sSI ri,
or any falsely uttered order or check az a. '''hi
hank OF corporation, Or any cashier thereof L,'
/ ing the same 10 be falsely uttered with in,cr,;a
! uefaub inc s1ld corporation, or any other bod, ~
lc or person. or shall SELL utter or deliver a, -
70 DC soti, uttered or delivered, any f,rgeJor -,
tcrelt note or uI'l IN imitation or nurnS,,, -. ~,
OIL 90 no'e issued by order OF the sntd b,nL 80"
ing the same TO be false, forged or roun, r..i
every such person shall be deemed snJ ai l.,',ui
guilty OF felony, and being thereof convic,, Ivy i Gu
course Of law, shall be sentenced 10 be ,,y uuS
and Kept TO hard labor for not less than tbrrc 80
nor more than ten years; or shall be imprisorcI W,
eRoesding ten years, and fined not excsodirg g.
| hous'hd opllnrs PrOtiisa, That rotbi,g 49,,
contained shall be construed 10 deprive fle 5,,,
Tue individual States ofa jurisdiction un1e, tbo -
OF we several states over any offence declared nun