The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1844-02-29
The following is Copy Of the Bin amending the
Charter of the Bank OF Wooster. if'

II,
have presented theii petition to this General Assembly
setting forth their inability to transact business under
The present restrictive laws relating to banking in this
State and praying 10 be restored to their original rights
and privileges under their charter subject nevertheless
TO the condition Of individual and personal liability Of
the, Stockholders And ,.se a ssa, .la.1--g aa,5
Wsereas said Stockholders would be greatly injured
in the settlement aairs OF said bank, if the time
for the settlement thereof be not extended Therefore
Sec. /. Be IL enaetedby the General Assembly of III
Slate of OhO That from and after the LIST day OF March
in the year thousand eight hundred and forty four
and until the first day Of Jdheoin the year one thou
sand eight hundred and fifty, the President, Direc-
tors, and Company of the Bank of Wooster shall be
entitled to use exercise and enjoy all the rights,
privileges, and immunitiess granted 10 them
by the act entitled tan act to incorporate the Bank OF
Wooster" passed February fourteen, one thousand
eight hundred and hirtyfour PrOvlded That each and
all the Stockholders of said bank do signify their assent
to liability mentioned in the second section Of this act
by filing their written declaration thereof with the Au
ditOr Of State on before the first day of March one
thousand eight hundred and forty-four and provided,
aso that said bank shall be subject the other quai-
cations and restrictions hereinafter contained,
Sec. Q. That from and after the first day OF March,
one thousand eight hundred and fortyfour the Stock
holders Of said Bank OF Wooster shall be severaly IL
able in their Individual and private capacity, for each
and every valid claim against said bank except in
where depositors and said bank shall otherwise
| agree. rsts-.,.f ..,t
Sec. 3. The Board Of Directors of said bank shall
consist OF not less than nine more than thirteen
members, at the discretion of the stockholders
Sec, 4, If any president director, trustee CASHIER or
other officer clerk agent of said bank shall embez
zle or frauduenty convert to his own use, or shall
audulenty take or secrete any effects property or
commit any breach of trust with intent to convert to his
own use, or the use or benefit of any other person.
any effects orproperty belonging to said bank, or de-
posted therein, he shall be liable to prosecution by
Indictment and upon conviction thereof, shall be i'm
prisoned in the Penentiary and kept at hard labor
not more than ten years, nor less than one year.
Sec. Q. That whenever the stockholders of the Bank
Of Wooster shall have complied with the provisions Of
the section of this act then 50 much of the nineteenth
section ofthe act entitled an act to amend the act en-
titled an act 70 regulate banking in Ohio passed FeL-
ruary twenyone, one thousand eight hundred and for
ty.three as relates to the bank OF Wooster shall be
deined as hereby repealed.
Sec g. That is unlawful for said bank to loan or dis
count to to any stockholker deector upon any note
or evidence Of debt or to permit any stockholder d
rector to become liable in any form to the bank to a
greater amount than one half the capital stock of such
sockhoder or director actually possessed by him. pro-
vided that nothing therein shall be so construed as to
prevent said bank from buying and selling bona fde
bills of exchange at their market value. q" 'f.
Sec. T. That said Bank Of Wooster shall be requir-
ed to have and keep in the vault thereof as the actual
property of said bank an amount Of gold or silver
coin equal to one dollar for every three dollars Of its
circuation and in case it shall happen that said
bank by the redemption of its notes and the payment Of
its immediate liabilities, in gold silver coin shall
violate so much of this section as relates to the popor
ton Of its specie and circulation it shall be unlawful for
the Directors of said bank from the time such dispro
portion occurs to discount any note BILL bond or other
security or in any manner pay out orput in circulation
any one circulating notes Of said bank until illegal
proportion of circulation and gold and silver coin shall
be regained and all such discounts made in violation
of the provisions OF this section shall be considered and
held to all intents and purposes void and the directors
consentng TO such violation shall be LIABLE jointly and
severay, in their individual capacities to said bank
for all damages arising to said bank for such violation
Prouded, That funds on deposit in Philadelphia, New
York or Boston, subject to sight drafts by said bank
shall be deemed equivalent to gold and siver coin, in
the vaults thereof so far as it regards the amount ol
circulation. .r .- 5. Z. a{ 'ebu1
SEC. g. That the La Fayette Bank of Cincinnati,
and the Bank of Xenia, shall be entitled to use exer
else and enjoy all the rights privileges and immunties
granted to them by her respective charters on the same
conditions that the like privileges and immunities are
hereby granted to the Bank of WOOSTER and subject to
the same qualifications and restrictions are by this
act, imposed upon the said Bank of Wooster.
a+rLoNeEvITY OF GoosE.-A Goose raised by Jno
Bossert Of Unity township Wesmoreland county, died
on the Oath nit, athe advanced age Of ofteven gears
He has also uenerdbs Ganderof the same age tha
is still living, and in sound Pennsylvania Ar
gus.
A CHANGE INDEED--Four Christian women hav
been baptised and entered the Jewish church at New
York, and within the last week have each been marie
to persons of that persuasion Love and the dollars wi
accomplish anything almost. It's all Cnpid-ity.
r 11rA distinguished writer says: There is but on
passage in the Bible where the girls are commanded
kiss the men; atis the golden rule, "Whatsoeyery
u would that men should do unto you, do ye even so uni