The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1851-04-14

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mount since the making of the last preyi-
GUS statement, specifying the time when
the same occurred; seventh-the total a.
mount of dividends declared on the day
of making the statement; eighth-the a.
mount Of gold and silver coin, and bull
lion belonging to such company, and in
its possession at the time Of making the
statement, designating the amount Of EACH
ninth-the amount subject to be drawn at
sight, then remaining on deposit with sol
vent specie paying banks or bankers, lin
the cities of New York, Philadelphia, Bos.
ton and Baltimore; tenth-the amount
then on hand of bills or notes issued by
other banking companies of this State,
and the amount issued by banks not ol
this State; eleventh-the amount of bal
ances due from other banking companies
of this State, and the amount due from
banks not of this State, excluding in the
latter case, deposits in the cities Of New
York, Philadelphia, Boston and Balti-
more, subject to sight drafts payable in
specie; twelf.h-the amount on hand Of
bills, bonds, notes and other evidences OF
debt, discounted or purchased by the COM
pany, specifying particularly the amount
of suspended debt, the amount considered
bad, the amount considered doubtful, and
the amount in suit or in judgment; thir-
teenth-the value of the real and per-
sonal property held for the convenience Of
the company, specifying the amount Of
each, fourteenth-the amount of real es-
tate taken in payment Of debts due the
company; fifteenth--the amount Of the
undivided profits Of the company; six
teenth-the total amount Of the liabilities
to the company by the directors thereof,
collectively, specifying the gross amount
OF such liabilities as principal debtors, and
the gross amount as endorsers or sureties
seventeenth-the total amount of liabili
ties of the company of the stockholder'
thereof, collectively, specifying the gross
amount of such liabilities as principal debt
ors, and the gross amount as endorsers Of
sureties, which statement shall be forth
with transmitted to the Auditor of State
SEC. "a Every banking company deri.
wing any Of its powers and privileges from
this act, may take, reserve, receive and
charge on any loan or discount made, ol
upon any note or bill Of exchange, or 9th.
er evidence of debt, at the rate of six pei
centum per annum on the amount of any
such note, bill Of exchange, or other evi
dence Of debt, so discounted, and no more
provided, however, that interest may b.
reserved or taken in advance, at the time
of making the loan or discount, according
to the usual rules of banking, or as calcu
lated in Rowlett's tables; and the know
ingly taking, reserving or charging on any
debt or demand payable 10 such compa
ny, of a rate of interest greater than tina
allowed by this section, shall be held anc
adjudged forfeiture of such debt or de
mand, but the purchase, discount or sale
of a bill Of exchange, payable at another
place than the place of such purchase
discount or sale, at the current rate o.
discount or premium, shall not be consid
cred taking, reserving or receiving int
rest; provided no agreement or understan
ding shall be made that the same shall bt
paid at any other place than that at which
it is made payable.
SEC. g. The total liabilities of any per.
son, or company, or firm, including in the
liabilities Of company or firm, the la
bilities Of the several members thereof,
to any banking company herein author
lied, inclusive of liabilities as acceptor or
acceptors of bona fide bills of exchange,
payable out of this State, shall at no time
exceed one-third; exclusive of liabilities
as acceptor or acceptors, ene-ffth; and ex-
elusive Of liabilities on such bills of ex-
change, one-tenth part Of the amount Of
the notes which such company is author
lied to circulate at the time of such liza
bilities.
Sec. &c. No banking company shall at
any time pay out on loans or discounts, or
in puchasing of drafts, or bills of exchange
or in payment Of depositors, nor shall it
in any other mode put in circulation the
notes Of any bank or banking company,
either in or out of this State, which notes
shall not at that time be receivable at par
in payment of debts, and by the company
so paying out or circulating such notes,
nor shall it knowingly pay out or put in
circulation any notes issued by any bank
or banking company, which, at the time
of such paying out or putting in circula-
ton, is not redeeming its notes in gold
and silver, nor any notes issued by any
bank out of this State, of denomination
less than FIVE dollars.
Sec. 81. All notes, bills and other evi-
1ences of debt, excepting bills Of ex-
,hansssa discounted by any banking COM
,any, shall be maze 1e BY the terms thereof,
Or by special endorsement, psyssSc..ee solely
% such company, and no such evidence Of
iebt shall be assignable, except for collec-
ion, or for the following purposes: first,
o pay and redeem the circulating notes of
'uch company; second, to pay other La
'ilities Of the said company, and after
iuch liabilities shall have been discharged,
bird, to divide among the shareholders on
heir stock.
SEQ. 98. All transfers of the notes,
,onds, bills of exchange, and other evil
lences of debt, owing to any banking com
,anv. or of dannsiLs To It's credit. all ns-