Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-03-31
Itrftnta ZeNiolaturr.

Concerning Tx Balks crhs Commonwealth.
[PNsrn AARCn 25rn. 1872

Concerning Tx Oaks IRIS Commonwealth.
[P.srp M,RoH 25rn, 1912
l. b. 4 enacted b. The General ASSEMBLE, That s.
much OF any act Is SUBJECTS the Bank OF tins common
wealth 10 pay "a pr cent damages aad l. per cent
Interest fT mn payment N sPccc Of any note. bill OF
ch-ck due from such Bank, shall be anu Tic SINE
y hereby suspended 1atl the frs. day Of November
next
2. .lld b Il faftie- enacted, That B. much Of aet
~ ~ acts probib the several banks oi this common
wealth from fssliag hereafter nates flr les
cum q Denomination thsn twenty dollars and ffm II
ceisins N pafuent deposit the bank notes 4 ant
hank l,cse without his STATE. of less denomination
tasa ten dollars, snail suspcnnpJ during The pleasure
OF the l1ss,a,aIe Pfericd That thing IN ills act
o'niainea shall be construed In auhuf1e an
baah 70 put IN circulation tho of any bank la-ied
wi,,ou, tbs STAT ofa lcs' denomination than five dal
lars Ind proric3 ai9 fh1i nothing hcoin contained
shall be 50 construed a 90 authorize any bank branch
Thereof 10 lssne nut circulation the notes Of Al,
hank within tn commonwealth of Ices denam
nion iaan hfe dollars, except ls hereinafter pr
Mid
3. ,laj t- i further re1sfcl Thu, !, STALL he lawful
or the said baaks the ISSUE If notes o The
Denomination Of and Two dollars as heretofore au=
tborIzol by law. until hc fret day Of January next,
after which inns the sulsury hereby gwen shall erase
and determine which said notes. whether issued heflre
aioI the passage d tbs act, shall be payable IN
specie On demand, @hcncycr presented al the Baah 81
Brlaea u Mhiet lie same may have bocn issued. and
os faure ihe1ci, u shall be lawful fr the holder 4
INC saa haffh 20 recover lie Uunt thereof with
ieeJtytse PEI cent damages there ~, D, warrant he
fore justice Of the Peace. proriiea That the
whole amount d said nI'"s If any Bank Of Branch
thereof 10 circulation al any Zinc shall not exceed
nx par cent. o. the wAJc capita! II said Blas 81
B,uch.
4. Be L fHt,er enacted That tho several Banis
q this commonwealth shall, from and after the fist
Jsf OF November neAt, pay a demands a1ainsi tliam
10 sPs;e, when denaadod: PrJ,idci, Thlt alter tn
DAY hereby fixed ieF specie payments the said Blnk.
hall moth rr.ttfp, 4 to., .,t,I
or duo 70 any other Bank. or in, rpjratoa r,nrany
with banking Plw-ts, which dos net leoeui ils
own notes and P2} its dososics when aeuarded IN
srecie.
). BE i f,rti1r eql,',d Tia. NJ, Director Of any
Bank OF Bfaach thereof shall be allowed to become IN.
d'bed a nrinep1 n5r shall any firm IN which Dfee
t'r Is partner hesinc idebicd PRINCIPALS IN groat
sum han tive thousand dlllrs but the indebtedness II
irn shat not be construed 50 rs 10 affect the right e tie
Director tn hs individual character become indob ed
% the SAID Bank or Branch in 4 greater sum than five
thousand dollars and President or ID rector Of any
Savings Bank, or General Agent Of any Manufacturing
or Mining eoElfaay, shall be hereafter elglblo as a d.
rc:tor fanY Bank: Provided. however that this nra
vlsi'n shall not apply I'LL after the next annual me.nr
OF ina Stockholders fff TIC election Of Directors; moi
shall the sad provision apply TO thr Exchange Bank
Virginia, or h the Bank the Valley Nir1na unit
the election IN Nav, 1913
g. .4,d be il f. :icr tlactcd, Tia. no officer or d.
rector ola Bank shall hereafter vote BY proxy fr an,
stakeholder IN any election If direct II OF tiicors of
Bank, nor shall any proxy be valid which shall hay,
ocra executed sixty days Before the tpe + any ,lec
ton.
= Be hfrtier enacted That the notes or bulls of III,
North western Bank OF ryinia and of the Merchants
and Mechanics Bank Of Wheeling. and their sey,fl
oahcn.S shai hereafter be receivable in payment by IN
SheEifis aud other Collectors Of the public revenue o
al pubic dues ID this Commonwealth, and in dlschara
or payment Of tTlSi deeds, Executions and other dc
mahds, IN conf Unity 10 the at passed at the presen
SESSION Of tbs GeseTal Assembly entitled IAN aci reyi
YIN. the act of nd Of juno, 1887 concerning the pro
ccedngs executions trust deeds and other demands
IN certain eases 10 the following countess that is 10 say
Brooke, Ohio, Marshall, Tyler, Wood, Jackson Ma
son, oabell, kanawha, Logan, WAYNE, Honongala
Preston, Randolph Marion, Harrison, Lewis, Braxton
Faye,te and Nicholas and in no other county OF counties
within this Commonwealth
Q. Ind DC II fntLer enacted, That it shall be tn
oe'y OIL me Treasurer Of the Commonwealth, on In
fifteenth day Of January in each year, whonsoeyer Ia
necs 81 olis OIL said Banks and their Branches, elte
OF them, shall be on that day Of value less than p9
with those u the deposta Banks at Redmond. t
notify the Cashiers Of the said banks and their Branches
OF as many Of them whose or bills may be- at sue
time OF tunes, ola deprecated value at Richmond a
ai1resaid, OF the amount Of the ills of suc Bank
Banks. their said Branch Branches Il the amount
ie OF Their notes or bills respectively that may on ths
day remain dep sit the credit ofhe Treasurer of III
Commonwealth; and it shall be the duty of the sal
BANK or Banks, and their said Branch or Branches an
they are hereby required, within sixty days after hayn
fecesed such notice 10 pay, or provide, that any ha
ance or balances which may remain against them respe
lively, on de?osite said day the credit of the Ire
sarer, shall be paid at the city of Richmond in 9th,
money, Or funds Of par value, with tho notes or bills
the depositc Banks IN said CITY,
o. .iad be IL further enacted, That the several Bank
sa report TO The Executive, IN addition to the quarter
y statements OF their condition required by law,
comparative statement OF their condition for the CORES
pondg quarter OF the preceding year, which statement
snail be published by the Executive in at least two nc
papers in the city OF Richmond.
10. ind be further eiacled, That the general meet
re Of the stockholders of the Bank Of Virginia shall
hereafter held on the second Monday in January annu
aIyand the general meeting OF the stockholders Of tn
Farmers Bank shall be held on the "Wednesday after til
second Monday IN January in each year, instead Of tn
days - heretofore required by law.
II. * Itirfher enacted, That the Banks Of th
Commonwealth shall not while ina state ofsuspension
sell o. dispose If any draft or bill Of exchange coinmon