Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1850-1859, 1853-04-22

hesNfS. Ddiiy ,DuchaieW, + orsyth, Fry, UooG-
win. Haideman. Byron d. Hamlin, Ephraim
W. Hamlin, Hester. uoge ,Kunkel, M'Farland,
euiggle, Sager, and Sanderson-l5 voted for
Maxwell M'Caslin (Dem.)
Mr. kunkle was conducted 10 the chair by
Mcssrs. Carson and M'Casln, and returned
III anks for the honor conferred upon him in an
appropriate address.
The oath was administered to the Speaker
by Mr.. MCaslin.
"A short time before noon, the Cover
Tor notified each House Of his approval
Of the Appropriation Bill and some 10
other bills. At noon each House after a
parting address from its presiding officer
adjourned, sine die-the hurried adieus
were carelessly exchaDged-and before
mid-afternoon thrce-fourths of the "dcle-
gated wisdom of all the Commonwealth
were hurrying homewdrds as fast as the
locomotives could carry them. QUI.
COPIES OF ACTS PASSED.
4 furtler Supplement to on act regulating
Rgnks, cfsycf lGh Ipril, 1850.
Section l. Be it enacted, &c. That from
and after The passage of .his act the total
liabilities OF any Bank in this Common
wealth, exclusive Of the capital stock and
deposiges, shall not for any period Of thir-
ty consecutive days exceed three times
;he amount Of its capital stock paid in;
nor shall the debts Of any kind due, and
10 become due, to tie said hanks exclusive
Of notes Of speeie-payiny banks belonging
to said hanks and balances standing 70 the
credit thereof in specie paying banks for
any period of thirty consecutive days
amount to mere than four times its capt
tai stock paid in; and tie said banks shall
neither loan nor discount when their cir
culat;on shall be equal for thirty consecu-
tive days to three times the amount Of
specie, State and United States loans, and
notes of spccie-paying banks in their pos
session belonging to said banks, and any
balances standing to the credit thereof in
spccie-raying banks convertible into specie
at the pleasure of the said banks.
Section 2 That the Auditor General
may at any time require the Cashier of
any such Bank, to state and return Oh his
oath or affirmation the amount of the cir
culation of the bank for any period of
thirty consecutive days which he may de-
signate, and also for the same period the
amount of specie and notes of specie-pay-
ing banks in its possession belonging to
the said bank, and the balance standing
to its credit in specie-paying banks con-
vertible into specie at the pleasure of the
Bank, and the State of Pennsylvania and
United States loans, and also the amount
of its liabilities and debts due and to be-
come due; and If upon the return so made,
it shall appear that aay of the provisions
Of the preceding sectiod have been viola
ted fer the said period of thirty consecu-
tive days so designated by the Auditor
General he shall give notice thereof to the
Governor, who shall thereupon issue his
proclamation declaring the charter Of the
said bank forfeited
Section 3. That any existing laws in
consistent with the provisions of this law
be and they are hereby repealed
an oct IN authorize the iSuaJury d Erie |
Il. Il. Co. to borror n,oney.
Section l. Be it enacted, &c, That to
enable the Sunbury & Erie r. r. Co. to
complete and equip their road, the said Co.
shall have authority to borrow any sum or
sums Of money not exceeding four millions
Of dollars On the bonds of the said Co,
secured by the mortgage of the whole Or
part Of their property and estate, real and
personal, and the corporate franchises
thereto belonging, upon such rates Of in
tercst as may be agreed upon, and the said
Co. are authorized to sell and dispose Of
the said bonds within or beyond this Com
monweaith, at such rates above or below
par as may be agreed upon between the
parties, aai such sale shall be as valid as
if sold at par; Provided that no bond shall
be issued by said Co. for less sum than
800. And provided further, that the
said bonds may be convertible into the
stock Of the said Co. at par, which stock
the said Co. are authorized to issue when
required.
Section ,. That it shall be the duty Of
said Co. to terminate their road at the
harbor Of Erie.
Section 5. That the Sunbury & Erie
Railroad Company be and they are hereby
authorized to Increase their capital stock
two millions Of dollars in addition to that
now authorized by law.
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THE following paragraph from the Bal
timcre CLIPPER gives timely warning to
class of people who will do well to heed it:
SILVER CoIN.-Spanish quarter dollars
are only intrinsically worth 20 cents
Government is preparing an enormous is
sue Of new quarter dollars. The banks