Holly Springs gazette., 1846-03-14
e.s . 1ne Qne Warraass
49, Law


pp7,,,ors,eI b,nks fW = viDiA's""
pas NJ rate franchises ar.i q .i"st |
.,. rretrn iing % exrfc'ss co''".a'e
80. unIer n - OF mcorpn'a'ic"'
..hsr parpo s.s. approved 1s'y
si - Ice, hundred and forsy three
B- enacted BY sAe L-sisis-
srneo.s., vac ef HisissiYpi. that the
rtg ...oio,ed or to BE- spp"uted snder
r:tSs r the ac. 10 which this - an
ifFIn.n.. shall. be.ere entering opH
s'sn.r. .rr.. execute bond with security. !"
ntn .,,,ed by the >aid court; in penalty
r'T.,vrated by the cou,i. payable :"
,,.r. CONDITIONED for me f,ithfui
nt,n,aee o. the duties e,joinsd npon
=. mi. act. and the acl 10 which this !
,mrrdmrni. :,
ssn Tnat it shall be the duty Of all
n,v,up pos~r>>ion Of any property
F-.ss,ce. of debt of sGy cuaporatIon A.
u uh,ch judgment of iorfta'u'e shall
.rdsred. upn d .,nand beng made. up
,1sm by the trnster "T uusiess. Z" sur
f,,th~ iIh 10 such trustee or tTu.ir-s.
'T..-b properly aud tvId.ncss OF dbl
-, fitlure 80 Ia surrender, such per.
~ .s,.ons shall he deemed guilty # a
..n.,m,s OF SAID cour. aud punishable as
r,h,r cases Of ronIr'nP:-
c3 INT on or b-fs,se the first day Of
L. ,.,,n Of the court next succe. dug their
"-,,,o,meni. u shall b. The duty ot SAID
-. or trustees. 10 resurn to said court.
"A. osh, tuil inventory. OF all the
,,on.r,v AMI esidence OF jrbt wni IN nave
- n 20 Ih,ir possession; aud sai J
,ny.u.ory shall be Itcoveei by the
DIX.
SEC. 4. That when the inv v,u,cry Is re-
rro-i as si,resaIi. the trustee shnl proc ed
= plI. under the order OF said con /. u the
1vbsI bIdIer, f,r cash, all the properly
,aI evidences Of deb, s,,ecifi and SCI,
trh IN saId inventory: the real estate sail
br ,oiI before he court house Il ,or of the
.ouniy where said real estate Is 81 situated
ne PERSONAL estate before the court b use IN
IA, county where the u INK was situated
anI the bills receivable. notes. j hgm-nts
,aares. and or her evi enc-s at deb secured
10 whole or In part bv morigag-s on la"d
,aaII be sold befar- The cour, nou,e in che
county where said l,nds are siu.trd and
neIr bond,. bills. norss. ris'n-nls. drc.--s,
,ni olher eviIeac-s uf i sDI. sIal b. sold
10 tho coun lis where ne psIn.ip,i debtnr
or drbtors lives, or thei, execut RS or nd'
niDsgralors RESIDE an4 If the princi pa
debior or debtors b. a uon resident. the SAT-
talI o. IN the coun,y where the security
or securili - restless, al the court h.ls as IN
cher cises rs Aires I'D sid tIus'-e shal
i've ninety dtvs no;ic. OF the time uu,
lace OF -uch sale, under this act a M. &C.
shall be posted up in two public places il
The county in which such sale IS 10 tax,
place. and one in public newspaper print
ed in this stale. ) id trustee shall r-nde
IN accoun; of said sale 1nder oath. in lik
manner as his inventory.
SEC 5 Tat u shall not b, lawful fo
any uus'ee ID become either d:rsciIy nr in
dTsc' 'ly. purchaser a. his own sale. or 1
scI 10 any way as tie agent or rep'es'.n.r
tive ot q purchaser; aud all pnrch ,ses Il
v0lIlIon uf this section. shalt be void
SEc. o Thal at the term al which jnd2
men, Of iurfri'u'e be 70 ,drred, The c,u'
shall appoIn' three commissioners 10 aud
claims against such co'pnr alton. whose d.
~ u shall be 10 give n"lice TO all prTSoI
boiling claims ag ,inst such corpnr ii,n. I
present them Io said commissioners f,r q
Dwan-e. and saic commissioners shall al
dn and allow. alI the ,nds. biii<. note
past notes. AMI Certificates Of d POSI-
which have been issued Dy said bank. a
no more than SIX years may have elspse
sInce the sum may have been duo or d
handed. Said notice shall be- pubiishe
brtwo successive IN 'nths in . mo newsp
per In thus slate. aud sll claims n.a pr+seI
Cd 10 said commissioners wi hin I2 ns0ssl
sher the date of such public al,ou, shall
brewer barred
SIC Y. That il shall I've the duly Of O
eonmlssinneIs 10 make their report to "a
enaTt. ai the first term thereof alter the e
piralion of the twelve months allowed
the presentation Of claims, al which time
exceptons .o said repori must be bad Al
s=:erminsd; and ss w.sic lIms n shal;
The duty oI the court To order distribution
The money in the hands oi th,, trustee
trustees. which shall he male ia the "a
hw'ng order: I. The compensation
he trustees snd commissioners aud all E
pens~s incurred under this act. shall. g. q
pad 2 All debss d"e By >uch cospor
u'n To the state o. county. ior taxes nr o;
siw'se. shall next b. paid. 3. All sua
sim ney duo such corposas,on sos cosss
iees. shall next b. paid. Z. A sa,sbse q
u'eo''on shait nexs b made amoae I
e'eonois who have proved heir elaia
W The surplus. 10 any. shall b rasably q
u'ossed among the slock kho1dera
Sec D. That noehsnu n ehia a. eonsa