Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-04-05

notes of the deposite banks in Richmond. Prohibits
the banks while in state Of suspension from selling or
dsposng Of any draft bill ofcxchange called specie
funds at premium of more than one half Of one per
cent. beyond the of such funds the bank Re-
1uires the banks to keep offering book open TO the
inspection of the public. Directs the bonus heretofore
required TO be paid by creating additional stock in the
name of the Common wealth for the benefit of the
fund for internal improvement, shall be paid semi.
annually into the Treasury of the State 10 be applied
in payment of interest on the public debt created for
internal improvement. And the act authorizes the lie.
gsu,ure nj any time hereafter to modify repeal the
charters of the banks at pleasure.
1S3. An act authorizing a loan to the James River
and Kanawh Company authorizes the Treasurer Of
the Stale TO issue certificates of stock 10 The said
pany to the amount of $3.50 900, for
ty years. and thereafter at the pleasure Of the Legisla
ure The company to pay out of its into the
Treasury the senannual interest on the said certlf-
specie its equivalent, at least thirty days be-
fore the said interest is due, and also The annuity 10
the cid James River Company. The said certificates
of stock 10 be applied in redemption Of It's bonds qua
ranteed by the State, and pledged TO the house of Nor.
rison, Sons q Co., of London, and any other of said
bonds hypothecaed in Holland And when said qua
anteed bonds TO the amount of one hundred thousand
dollars shall be redeemed, they shall be delivered 10
the Treasurer Of the State in lieu of an equal amount
Of The said certificates of stock, and shall by him be
cancelled and the remainder of the said guaranteed
bonds, when redeemed shall be applied by The compa
ny in redeeming their outstanding scrip post notes.
and 10 the completion of The canal now under contract
above Lynchburg. The certificates of stock are not 10
be pledged disposed of excep, by bona ae sales or
payment of the debts of the company, and are moi
be disposed of at less than their par value without
the consent Of the Board Of Public Works.
The company prohibited from entering into any
new contract or agreement for work 10 be done the
line of improvement and the State is not TO be bound
in any manner its stock to be bound for the fulfil
ment of any contract which may be made for The
continuance extension Of the canal beyond the extent
which it is under contract, unless such new con-
tract be authorized by law Directs the appointment Of
three proxies to represent The State in the general meet
ngs of the stockholders; and requires the proxies Of
The State vote for such reduction of the salaries and
compensation of such Of the officers and agents for the
company they deem the interest Of the State requires
the reduction to be at least ten per cent upon all said
salaries over FIVE hundred dollars.
1S4. An act providing for the enlargement of the
Lunatic Asylums of the Commonwealth; twenty -four
thousand dollars 10 enlarge the Western Asylum 10 be
paid in three annual ins,alments and twelve thousand
dollars TO the Eastern Asylum, 10 be paid in two annual
nstaments.
1S5. An act authorizing the sale of certain real es.
tate devised by the wills oNahan Bell and Ann Ladd,
deceased
ls6 An act TO authorize the appointment OF al add
tionul commissioner TO superlntsnd the construction of