The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1845-03-05
AN ACT to Incorporate the State Bank of Ohio and
Other BankiDr Comnon;es-

oeCEtnH A. nc ~ tHdctcG Oy me General As
sembiy Of the State Of Ohio, That it shall be
lawful for natural Individual persons, not fewer
III nnmber, many case than five, to associate and
form companies for the purpose of carrying on
the business Of banking, each in such place in
this State as shall be designated in its articles of
association, and in the certificate hereinafter re-
CURED TO be made, s%ubject, however, to the con-
tingencies, restrictions, conditions, and liabilities
prescribed in this act.
Sec. :. The aggregate amount of capital
stock OF all the companies, authorized by this
act TO be formed, and to carry on the business of
banking within this state, shall not, until an ad-
.ditlonal amount shall be authorized by law, ex-
coed six million one hundred and fifty thousand
dollars; which sum shall not, h~oweve,, be con-
strued to include the capitol stock of such COM
Qaples, as by name, shall he authorized to contin-
ne presume the business Of banking subject to
the PROVISIONS of this act.
Sec. 8. For the purpose OF securing to the
several sections Of the state, Il fair participation
in tho privileges granted by this act, the state
shall be divided into twelve districts, and the
banking capital authorized by the second section
shall be apportioned among such districts, and
the number Of banking companies to be formed
therein, shall be limited as provided in this sec
ton, that is to say
The countless Of Hamilton, Clermont, Brown,
Clinton, Warren, and Butler shall compose the
first district, in which the number of banking
companies to be formed, shall not exceed five,
with an aggregate capital not exceeding one mil
lion two. hundred thousand dollars.
The counties Of Greene, Montgomery, Preb-
le, Miami, Drake, Shelby, Mercer, Allen, and
Van Vert shall compose the second district, in
which the number Of banking companies to be
formed shall not exceed five, with an aggregate
capital not exceeding six hundred thousand dol
lars.
4hc counties Of Putnam, Paulding, Williams,
Henry, Lucas, Wood, and Hancock shall com
pose the third district, in which the number of
banking companies 70 be formed shall not ey-
coed four, with an aggregate capital not exceed
ing three hundred thousand dollars.
The counties of Ottawa, Sandusky, Erie, HUI
ron, Richland, Seneca, Wyandott, and Crawford
shall compose the fourth district, in which the
nunber Of banking companies TO be formed shall
not exceed four, with an aggregate capital not
exceeding four hundred thousand dollars.
The counties of Hardin, Marion, Delaware,
Franklin, Union, Logan, Champaign, Clark, and
Madison shall compose the fifth district, in which
the lumber Of banking companies to be formed
shall not exceed six, with an aggregate capital
not exceeding five hundred thousand dollars.
The counties of Pickaway, Fayette, Ross,
Highland, Adams, Sciota, Lawrence, Gallia,
Pike, and jackson shall compose the sixth dis
trict, in which the number Of banking compan-
les to be formed shall not exceed five, with an
aggregate capital not exceeding five hundred
thousand dollars.
Tho oo,pfioc IF Mo;u, Athon- INorL;,u4an
Monroe, Morgan, Muskingum, and Guernsey,
shall compose the seventh district, in which the
number Of banking companies to be formed
shall not exceed six, with an aggregate capital
not exceeding five hundred thousand dollars.
The counties of Hooking, Perry, Fairfield,
Licking, and Knox, shall compose the eighth dist
riot in which the number ofbanking companies 10
be formed shall not exceed four, with an aggrc-
gate capital not exceeding four hundred thousand
dollars.
The counties Of Wayne, Stark, Holmes, Co
shocton and TuscGFawaE shall compose the ninth
district, in which the number Of banking compa-
MES to be formed shall not exceed three, with
an aggregate capital not exceeding two hundred
and fifty thousand dollars.
The counties of Belmont, Harrison, Jefferson.
Carroll and Columbiana shall compose tho tenth
district in which the number Of banking compa-
MES to be formed shall not exceed FIVE, with an
aggregate capital not exceeding five hundred
thousand dollars.
The counties Of Trumbull, Ashtabula, Lake,
Geauga, and Portage shall compose the eleventh
district, in which the number of banking com
panies to be formed shall not exceed five, with
an aggregate capital not exceeding tbroo humid
red thousand dollars.
The counties Of Summit, Medina, Lorain, and
Cuyahogn, shall compose tho twelfth district, in
which the number of banking companies to be
formed shall not exceed eleven, with an aggre.
CRATE capital not exceeding seven hundred thou.
sand dollars.
Sec. a. The number Of banking companies
which shall be formed and permitted to engage
in the business of banking, under the provisions
Of this actin the county of Hamilton shall moi
exceed four In the county Of Cnyahoga six
In the county of Franklin three, In the county
Of Ross two. In the county Of Muslingum, two
In the county of Jefferson, two. In the county
Of Summit, ihrce.-ln the county Of Lucas, two
In the county Of Miami, two. In the county 0
Montgomery, two; and in no other county il
the state shall there be more thnn one company
formed under the provisions Of this act, and per
mitted 70 engage in the business Of banking ex
cept under the circumstances mentioned anC
provided for in The twelfth section Of this act
Provided, that no more than accompanies shall
be authorized to commence and carry on the bu
~sincssof banking, as branches Of the State BanI
Of Ohio, under the provisions Of this act, in any
one nf the counties named in this %scction, OK
cepting The county Of Hamilton, nnd in the coun