New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-12
FARMERS BANK of KENTUCEy

"a -.
Farmers Bank anal is several branches Aasa< hsss o.,
to den and material increase offs capital sct m, A..
of Directors II the principal Bark AZ Fsnkfo-; a, q
Pre- TAcasaEd SlcTss 4 tbs hgay productive l.i Dear.
bic stock At par
On THURSDAY. 18TH JUSE. FRoT u TO ~ octocx "a
scupons Will he received BY the unisr ned VI ae R,,.
ing House Of Tie ONO IITB INSURANCE aao rEusrc,v-
PANY, t5 WALL-sT
The shares are oSs HUS0RED DOLLARS E.cH =.
Planners Bank was incorporated by the Lss.si,t--. a,
Kentucky At the session Of 1888 in pursis,..s =,
ports nom the C1mmif'cs Backs o.. -, Saw, -,
House Of Representative. setting lrffh the lsli.,.,,,
Of the Banking Capital q -, Siae limited s s,,,
Of rear twenty years past q me Bans II Kent ~ a.
Northern Bank Of Kent c,s and Bans Il Loaiyil,e
The Farmers Bank o. Kennedy as Therefore NOM,
rated with a capital Of S26j9,eo
About $4,000 Of the stock subscribed d Ksa,,sv
andnt the CRY OF Cincinnati rpon wha the Baa, has -,
tr.nsaotng highly successful business since last Fal
The large amounts OF safe and productive pager drawna,
SHIPMENTS 81 hemp bale nope basgng tobacco 9r,l..
1--we stock &c vastly eHoeednS TIE shy O the Bas,
wihils present 60 purchase, render ths proa,sj
increase Of capital an unusually safe and lucrative iase
ment for capitalists while the extensive agricultural Gu
mercia and featuring districts, upon which TIE Bas,
relies for is patronage. Will turn reap the nos, r2o
taut benefits and the continued prosperity Of Ia
Bank by rapid and fll development Of he resources
the country
The leading characteristics Of tins nvcsmcat Is It's san
rY. Fer fln copy Of the charter. with bylaws. nh,
and regulations see pamphlet. which Dc had a. "a,
Trust Company Bank. No i5 walls These coails
provisions Of such 90 AFFORD the strongest
antv TO the stockholders and patrons Of tie Farmc Bsk
of Kentucky, that their nghs and Interests are y pro
tectcd BY legislative and other saieguarts IAe under
sisred takes pleasure referring as' as m ample goni
Of confidence 70 the rcesrasd rcpriah0s ~ IT, Bs4t
Yenfa f~rn
The attention Of capitalists also called q the Pao.
pUcrIyENESs Of tbs Investment FoT particulars ~
pamphlet ard circulars The current business o., the Baat
highly satisfactory It's nature anal esaits. showing A
tic Directory WILL doubtless be enabled . srsc per cs
scnn-fm,ralis. and occspulse AaHdsons sarois faf
Dividends VIII be paid this city at tae OHIO LEA
Trust Company or ether bank Of which duo notice ve
gwen.
Ihepresent condition business and prospects II the Fam
ers Bank. rapid advance OF stock ,ss,
par placing upon similar footing with the stock Il i.
Bank Of Louisville the Bank Of KENTUCKY and the Ns.
em Bank of Kentucky which are now scarcely 10 b hi
at the advanced rates Of premium asked. Tho f--y 4
no, quoted at Oii slOj. the Northern Bank at Hahn
and the Bank Of Kentucky at lo5 slOl long sozs Of
successful business has deseedy placed the stock Of these
institutions high IN the estimation If the holders.
The practical operation OF the Bank has shown that the
locations II the Branches emnently favorable anla-
dc.tye wi,hou, exception. Of highly profitable Fesf,s
The field thrown open the Farmers Bank Tor the
action Of sccC .-il Kentucky, and yAbor-
ins States undo t'edly supeusr 20 am other IN the
Union The credit and standing Of The Kentucky BaRAsns
equal TO those cfanv other state
The notes II the Farmers Bank form Imporss.
part Of the circulating medium Of the Mississippi Yalsr
passing current from Pittsburgh to NeN-Oreans The
notes ofthe Kentucky Banks have general conmandeia
premium oter other scnkable tuHds At Cincinnati and hsvs
If Z may bp .ut
Banks IN the Union bettor managed Their capitals are
10 large extent employed IN sac purchase o bills drawn
against shipments Of staple products oi which the sass
County OF Bourbon exported IN value 81 Oo0OO during the
year 1850 II Is believed that such field fr banking op
erations based upon the produce Of the soil. IN asAr
hourishng district Of country. with the entire West and
Southwest for the circulation Of is notes IS surpassed
none other.
third favorable feature Of tins stock is PERNAssSs
The capital Of the Farmers Bank Of Kentucky expires On
the FIST day Of May 1880 aud has therefore now. with 10
power reserved by the Legislature IN anywise 10 aer@
control it. twenty years to run
The charters Of nearly all the western aad southwestern
Banks expire during the next years and m the great
majority Of Will not he granted OF viii be dSeN
Of their most valuable provisions aud privileges The hg
years charter Of the Farmers Bank offers Therefore tAs
advantage OF pormsnonce, whlo will fold 0o
calation of the utmost value 10 It's stockholders.
valuable provision Of the Smarter viii be found sec
ton 49, to wit: The President and Directors Of the pun
eipal banks shall have power and authority 10 purchase
and transfer any scrip bonds which may DO issued by The
State Provided, not than half the capital Of sAd
Bank paid IN be held IA such scrip bonds al the
time
This section will enable the Bank to roaEe when deemed
eIpcdent whatever advantages TO he found m the T
ten Of banking upon partial basis OF State securities
Tho charter Of tho Farmers Bank Is. other ospee,
similar those Of the Northern Bank Of Kentucky and'
Bank Of Kentucky, With such additional provisions aai
emendations as experience has sheva TO be useful.
Transfer books will be opened this esiy for tho se-
OF stockholders under the inspection anf
management Of suitable officers subject 10 SPECIAL rules
and regulations, imposed by the Directors for he security
the Bank
The terms Of the subscription will De as follows to-"a'
Ten per cent. at the time Of subscribing.
THIRTY per cent on the 18th day of July, 1881.
THIRTY rer cent On The 18th day Of August, 1851
Thrty per cent m full the 18TH day of Sepiembd'
1851
Certificates Of subscription. with receipt for instances
paid, duly executed by the President and Cashier Of ne
Bank viii be delivered at tho time Il subscribing
The undersigned be found daily from u % III O'Clock
tho OHIO Life Insurance and Trust Company Bsak,O
Wall-st where pamphlets and circulars will be ursasa
and any further information gwen. W. b ROBBINS
Joe 6t' Spcca! gent u the Famers Bank VI kensuc