New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-01-10
o,se, ,eeurtes belonging 70 be e''s'e o. H's'eH H.
Neyins deceived. ,,.ao
Tn, foIosing ssles Of bonds hn1 s''eEs were 10 |'e

T., sdd;,on 10 the above, there was sold, by order
IN. sssiypees, a claim OF r. d G. l.. Schuyler
,n.,,t The ssra:ogs and Washington Railroad Tor
ss1 as, 70 with intefest on iss Os5 20 from the y:
Iu,,. lss. 1; brough, GIL ,ooO
rha c,,r,ered Banks Of this State have been IN the
-. a. ,bsr charters approached the period Of OK
r,.,,on Of pu.hpg ont their circulation, and keep
-, an, sf,er their reorganization az Associations
49,, ,bo r,ee Law. thus evsding the requls
80, ,eouires securities TO be deposited VITA the
panl Dsnsr.mept, for the protection Of bill holders.
r,. shnse attracted tie notice Of the Legislature,
"a S,,nc the lat session act was passed ia re-
s,on TO the withdrawal Of the circulation Of these H.
corporaied Bank upon the expiration oi '4e4T enai'
ion The act requires that:
- r., ciIrnlsiirs notes i.saed by any iacorpofsed
-, hoo charter Roe expired fhsl hereafter tRDife
IN no r,bdr.~n from circulation by the Trustees or ees
,b.roof and rn-ned 10 Superintendent u
~ B,nspq Department 10 BE- destroyed 80 10 io"s;
r. zoe. NJ ants whose charters have already eHpeo
on. lind part circulating 1oies IL one See. H. 80
,hrd part within years ane the f'm,mips PS
Ard he ccaang notes banks whose charters shaH
h.rssfter expire a. follows: a, - .., ,,..o, j.,
hd part year other one thfd par ~
TWO yr, and the resnng third m three years rom me
,mo shsl rsscecvey ehpfe Dat s
prevent person indl'la "a. p1 VI
estop from presenting the Trustees or eea
Of such eIpred incor1.,a,sc ena so IN nj. act shall
10 shy manner effect impair the duties EaOitts or oosa
90
ooryorsd bans tie rights o. femede-o i any VI inc
holdeJ, Of such circulating uoes.
Every bsnkIg association trsnsofnedifou an moor
porad bank officers nd agents 81 every sbch ao
csor end he Trustees and Of ell SUCH expired 4ncoi
shall be prohibited from sgins pay ing OUT OF
any way directly iudirec Circulating the notes o. any
oorporsec whore charter has expired OF snail nerei
the time limited by the fret section TINS az
t IT, withdrsws for circuat'n every such associa
ion officer sgen Trustee that shall offend ssans sny OF
PROVISIONS Of this set stall be liable 10 the phA'H prs
s-fbso by law ssung bills promssory notes ior th p
pose Of putting hen IN circulation a. money "'houl "es
snthOIred by las. -
$50 B. A1a ia any failure t. return soo circ ING
rocs The Superintendent o. the Bank Department 70 be
provided for IN The fret section on nsef tLs
ssd Trustee legal representatives OF such pred
W cash wch shsu equal TO toe circulating notes
returned aforesaid to be held a. security nnt ns
said notes returned 10 tad SsPeruteoeu 70 pt
the last one third pr Of sad c''
lss notes Tor which deposit Of money shs be required
Bot said ian onehird part Of said circulating noes sh1 o'
whdr, from circulation and destroyed, A. M a. PsoA
bic 20 provided for the first section OF this act
And II any Trustee ga representative Of spfh expired
bant shall neglect refuse 70 comply with the peFhous o.
shall duty such Superintendent 70 proceed
20 up affairs expired bank 10 the same manuel
ssf twsre en- iDsolyent oorpoTs'ion
SIC This shall take effect the fret Day May next
We give annexed table thowiDg the Banks which
have come under the operation Of this act showing
the date Of TIE expiration Of the charter, the then
amount Of circulation, the amount to be retired with
the year beginning the lat of May, ls64 the amount
actually retired, and the amount outstanding on ls
Jan, 1865.
TABLE .aor,no he Tint, ,raa ne charters of Tr.ag
eee Joo, pora,ed Bank eyped and N, Aaaoaa', Of ,a
Circulating Notes oarsding and not returned 70 ''' man
Department at he ,ete,Gi ddfes baor sec fed