New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-11
EARMFRS' BANK Of KENTUCKY.


II $500. GOO Additional Stock.-The business Of the
Farmers Bars and rs several branches having been 70 nd
to demand material lcrease of;s capital stock Else Board
Of Directors e the ulcpal Bank a. Franlor; now oler
Fee T7ousc1d Share ~ this highly productive and des
BIC stock &: par.
ON THURspAY. 18TH JUNE FROM p 20 lal O'CLOCK SUP
scrutcs VAL i. received B., tc al -lei - tal BA-
ur House 4 ttc ONO LlyE Insurance AVID Trust CON-
FANNY. IS WALT
The shares are ONE HUNDRED DOLLARS EACH The
Famors' Bank was incorporated hT the Le-sla-lre oi
Kennedy a. the session # 1000 10 pursuance 4 -c-
ports from the Committee Banks nj he Ssa''e ana
House q Re7roseaatvos setting forth tas nslicsncy
Of the Ran ing Capital Of fAe limited tlr pcrod
q near twenty yeas rat, T. the Bank of Ke1tcs, ts
Northern Bank Of Kent chy and Bank n L. svillc
The Farmers Bank Of Kentucky therefore nCorFo
rated with a capital Of S26j0@0
About S700OO Of The stocs subscribed IA KentcsY,
and II the City Of Cincinnati upon which the Blaa has been
trsussctng highiy successful business since last Fall
The large amounts Of safe and productive apeT drawn upon
shipments Of hemp bale rope bargne, tobacco. produce
live stock SC vastly exceeding the ability Of the Bans
with present % purchase render this proposed
increase OF capital unusually safe and lucrative invest
ment for capitalists while the extensive agricultural CON
mercia and manufacturing districts upon which the Bans
relies for patronage, vii turn reap the most mPor-
;ant benefits and the continued prosperity Of ne
Bank by rapid and full development of The resources Of
the country.
The leading Characteristic Of this Investment Is rs sAFE-
TY For "a full copy of the charter with bylaws, rules
and regulations, pamphlet which can be had at The
Trust COMPANY Bank. No IS Wall-srect These contain
provisions Of such nature 20 afford the strongest guar
snty to the stockholders and patrons o the Farmers Bank
Of Kentucky tina: Their nights and interests are g poo
tected by legislative and other safeguards The under
signed takes pleasure referring also, ample ground
Of confidence the eqrned rDfas Of The Banks "
kentucky for hoaest PrudeRf and Skull management
The attention Of capitalists also called TO the PRO-
DUcTUENEss Of TINS investment. For particulars, 800
pamphlet and circulars The current business Of the Bank
is highly satisfactory nature and ITS showing that
tie Directory will doubtless be- enabled to dseiie percent
scu0nauqiig end accumulate handsome surplus tHat
Dividends vll he paid in this city at the Ohio LIE
Trust Company or other bank Of which due notice VII be
given.
The present condition. business and prospects Of the Farm
Bank rapid advance Of rs stock above
par. placing 10 unou similar footing with the Nocs Of the
Bank Of Louisville the Bank of KENTUCKY and the North
en Bank Of Kentucky which scarcely 10 be- had
the adv anoed rates Of premium asked The former s
row quoted lOialO5 the Northern Bank at lil6llf,
and Tie Bank Of Kentucky at l06lalG long course Of
successful business has desevedI placed the stock Of hess
institutions high in the estimation Of the holders
The practical operation Of the Bank has shown that the
locations of the Branches ominenty favorable and IN
dcatye, without exception. Of highly profitable results
The field thrown open tothe Farmers Bank for the trans
action ofa successful business Kentucky and neghb,r
mg States. undoubtedly superior 20 other N the
Union The credit and standing Of the Kentucky Banks
equal TO those ofanv other State.
The notes of the Farmers Bank form an important
part of the circulating medium Of the Mississippi valley
RAISING current from Pittsburgh 20 New-Orloans The
notes ofhe Kentucky Banks have general commanded
premium Otcr other bcnkG5i finds at Cincinnati and have
never been discount Il may be safely said that
Banks tie Union better managed Their capitals are
large extent employed the purchase Of bills drawn
against shipments Of staple products, of which the single
County Of Bourbon exported value S4OOoOo during the
year 1850 1t Is believed that such field for banking OPP
e,4tr based upon the produce Of the soil. highly
foursng district Of country, with the entire WEST and
SoutXos or the circulation Of ITS notes surpassed b.
none ether
third favorable feature Of this stsckis IL PERNANEEcE
The capital II the Farmers Bank Of Kentucky expires
the rr day Of May 1880 and has therefore now with
power deserved by the Legislature anywise to alter
control It. twenty -Rne years To run.
The charters Of near, all the western and southwestern
BANKS sIpe during the next ten years and IN the great
maouyof VIII not be granted Will be Invested
ofths most valuable provisions aud privileges The thirty
years the Farmers Bank offers. therefore, the
advantage al cmnenoe, while It will secure field of CIR
eala.ion q the utmost value to it, sto cAholders
valuable provision Of the charter viii be found IN see
ton 49, wit The President and Directors of the pus-
cpa banks shall have power and authority 70 purchase
and transfer any scup bonds which may be issued by the
state Provided not N ore than half the capital Of said
Bank paid n he held such serp bonds at the same
time"
Tins section Will cRabe the Bank - realize, when deemed
e4teu whatever advantages - be found IN the sys-
tenn Of banking upon partial basis o. State sccpuuSs
The char Ct Of the Farmers Bank IN other respects
similar 10 those Of the Nohem Bank d Kentucky. and the
Bank Of Kentucky, with such additional provisions aud
emoudailous a. experience has shoWn to be useful
Transfer cooks viii be opened thus Gty for the 1o-
commojaiion of stockholders. under the gSeciion aud
msnagemont Of suitable officers, subject to special rules
and regulations imposed by the Directors, fr e secuny
o. tho Bank
Tte terms ii tie subscription Viii be - follows io-Wh
T,nrtrc,ut. at the time Of subscribing.
Thrift por cent on the 18th day Of July 1881.
Tint Itr cent on The 18th day of August, 1885,
THAI. lor cent III full the 18th day Of Scpionoer'
1851
Cot fcafs # subscription with receipt for n'tamest
rid duly executed by President and Cashier Of ne
Bank. viii be delivered at the time Of subscribing
Tie undersigned Can be found daily from u 10 "a o'clock
al the ONO Life Insurance and Trust Company Bank IS
Wsst whore pamphlets and circulars Will be drnSheS
ard any further information gwen. W. b ROBBINS,
Je6 O. SPECIAL gent 81 the Farmers Bank Of kentoc%
RRoApwAY BANK, NeV-Ysrk. June 10 1851
AT THE ANNUAL ELECTION,
~ held tins day the following named gentlemen were