New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-04-20
The Bank commissioners.

Lucrative body. y good nddance 10 al
Yours &c NATCHTowER.
The Bank Commissioned
The following Is the bill recently passed 6y the
Legislature aboIishing the ofiice Of Bank Com
missioner:
~ .4cT- q5cifs5 te offee 81 Bank COMMISSIONS,
and tor afber purposes.
Tn, Psog Of tie STATE Of Ner7 York r.Pre5ertd Sen
etc and .lsesbiy dc erosi as foiiotrs:
SECTION / Every hafteI-i rank shall tx OF
H. iot circulation tn FRS o July eighteen hun
drei and foy'hz snail return the Comptroller under
tie oath - The PRESIDENT and cashier statement OF AT! The
nores OF the bank which IN possession or N any
outstanding circulation that dar, I~ciyln- ts
snot Of , hole eireullo@ ad hall AZ thu 5atae line
] with the rompJrollar their plat. and no bank shall al
~ .b nm, =, that ,y 80 bicb m. Tsn[, nl rl preslsnr
and cashier made up ISSUE Of rs notes which here not
The comptroller hal be unable supply bank with conn
IeCn=d and registered nqt fast bank miy leJue
on aud after the july eighteen huntri and forty th
such bank NAV b pernitt-, by he ccmptle re,ie
much Of cd circulation Within the limits prescribed
returned 70 be outstaatn- IN that ay nor ha any such
sue tsk place uutll 5Ic7rlon has first been made r
ecmgtr3eT Tor c9urier.,ine and gclssfsd note and ~
bank shall b. iultv ldua1 liable Tor all The Of old
crito1 winch shall be outstanding on and tier hs FIRST Ay
q jull eighteen hundred aat ity.iouf and after The Inst
note Of an BANK r1c nor been c'tr"r,iGuci 'nG
registered n tn. comptroer oce as herein provided Aud
All Of any hrk issued first Of Jul ele
huadfsd ana oTiF-Tf- .9 G'unrIS'-nl ana reg
o,ieliver the comp;ror To b. counersI-ned aud
fotyfour b. e.ued and DESTROYED N s ple.enc- 1T the
c1mpIos Of some person be appointed by HIM tat
the aoes certified to be DESTROYED shall b. gnr aud sworn
bY the comyror9h agent aud agent appointed bJ the
Sail 5. the iuts q the fonp"llr to receive and
sacy keen the patS 70 b, erred him bs the banks.
yazcrihe, in cchn FIRST sud all 10 b.
runtci from sad plates, AID deliver ZACH bank 0c notes
and OF such denomination The bank qf,nnE ach pac' mas
require exceeding iu:Ctei with outstanding old cCula
I2G ara S,, Lived m sc S,nk by law, and Il hal, II
he fha Di sg troll
whose duty exclusively II; shall ~ to such bills
sS nor -. c%nersirp4d ba Ff II l,y 10 the
bank be registered book 70 be kept hy the comptroller for
and such nos. shall be paid to the comptroller b.
The bank ie am IN proportion To The nnnirT ct
wh"r the plates an, bank otherwise unit for
to require such bank TO furnish new plates, to procure
SEC. g. Ever bank and banking association shall make
quarterly report the comptroller commencing The rs'
OF November February MAY and AueJist thereafter each
9a ersE y.HF, r shall BE- M made on the cat. tn. ct
H the ioohins items ON ir morning OF ths first o, lusu
drafts, due from bank, DIRE r"E drprs OF SAID banks duo
from broker ri ,l2.r 70 eAs IN; tenn: pr.
los and account capital circulation Distinguishing
that received from the comptroller from the old Outstanding
a- amount n treasurer Of State norn due 10 couim
>ionec Of canal fund amyIt due dcositofs demand
nsq f5.ehc9 N the Stat 9r a"eo1ran. nh
,s ~ each mink hall b. rub.i.f ina w ,,a,r
published in the County which such bank sitrated at
the e,,enS4 oisuch bank.
mar STe o3J bT lie bifd set,on together IN on % on
or becr twentieth day of August November February
and May Zach and the expense oil such publication
sll hc ieavad b. per assessed upon the capital
stock all the bank, aud banking associations of the State,
audit bank ia.l 10 furnish TO " tomprn'Ic It, quarter
" report LINE for such publication II shall forfeit md pay
10 M CqmruolIer thu sum Of hundred doil1 % be AZ
piled by HIM Ia the ynent al The sl"s OF pnhiIls me
quarterly reports and any bank or banking assccati2n shall
charter an incorporated bank and Us privileges hank
COMPANY il organized under the law ct hpu! 1883 and
may proceeded against and It's aF1 clo IN any
rro.dedb b, aw in e ~ i'so tent bank or BANKING
So. wee,er shall appear from The report made BY
e'l IN Other way tiat the c2rt Of an bnk
tue comptoer 70 cell upon such bank to redeem is ce"s-
a i H such f b,n 6a n not c,c a 10 When it, ne s
SIC. rbe CHE = t13 herrby 'loli,-
81 iEa.iGe however that shall b. Tor the
corsroel wenee h. shall have good and sufficient
quarterly rrIoT. appoint ,ecsl to examine tn
iairs Of such bank and who for that purpose shall have t~
the EXPENSES Of such investigation, II such bank sla aproyed
s3i ,,n a. Ale tp OF n5 bi Fa i' f ",
s h5 such bank has tiostd NJ la" men thu etren~e Of
such examination 'iiai b. d7yed IN the same manner a
hrsr provided ar sayns the expenses Of the publication
Of .h+ q.sf;;s Ii report r..
h< ss sss; ANY n,S bank ,ns rIs -
'r4nHt Of mensg tcra - - II amount wic, any such
bink world = llor pay rh4 Safety Fund during the
tIm Oi ltS original charter and ali other debts demand,
alis, ~ Wind up isrs, di,tfiboie among lis
stockholders and ,irn ~ charter 1pd close It's bu,iGss> b
4Gsoluon PISSED at meeting cf h socah gders aud
proved Of by majority STOCKHOLDERS interest Of
Snci hfgk called "a" mat lrrrp>' copy 81 which ou-
ticn >h7 BE- furnished - the tomwr2"r and Mail tso b.
published for three successive yskS IN Re PlIer and
any outstanding non, " ether demands presented
Tl'ttn 1nr trls .icis '!s dIs with tho Comptroller
ur .SA hereunder l> direction tu subject ms order an
interest, sufficient to me-, such outstanding demands
winch when presented 10 toe Go,It"l'er shall h. pad BY
him oi such sum; aud s.th bunk distribute anon.
IT. stockholders the surplus assets ASH sff ,ly y.TS
iro. III which publication Of dissolution Wa first
inui., the comptroller shall return TIE Stockholders
distributed tie remainder q any II the sumo deposited
Sc Al acts heretofore passed that conflict nitA In.
provisions of this act ar t,rrby repealed
Passed APRIL 10 1888.