The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1856-05-07

iui, anu tOo hhouut th sSit " geS6~
men; /
= Tkirteeath-Ths vslas oil the real aud
personal property. held for the convent
ence Of the bsuk, specifying the amount !
Of each;
Fourtsenth--Ths amount Of real eS-
tate taken 10 payment Of ds6ts due Ihs ,
bark; tl -a 4- -
Fifteenth--Tbe amount Of the undivided
profits of the bank; -, f... i, 3;
sixteeath--Ths total amount ofthe i
sl;lities to The bank By the directors
thereof, collectively specifying the gross a
mount Of such liabih,ics "a principal debt
ors, and the gross amount as erdorsers or
sureiies:
Seventeenth h--The total amount OF L.
abilities to the bank of the stockholders
thereof collectively, spesfying the groes
amount of such liabilities as principal
debtors, and the gross amount as .ndors'
ers or sureties; which statement shall be
forthwith transmitted tc the Auditor OF
6.ase, :.
An abstract Of every such statement.
showing the condition OF The bank. shall
be Immediately published By the bank, IN
some newspaper printed in the county
where suct, bank is situated.
6Ecrzox 95. ThegeneraI asseuhIy'shaH
never impose any greater taE upon prop
e7tg enployed iu banking under this act,
than Is or may beimposed upon the prop
erty OF individusls.
SecTroK 26. Every bank organized
under this act may take, reserve, receive
and charge on any loan OF discosat made.
or upon any note, or bill Of exchange, or
other evidence of debt. at the rate OF six
psr centum per annum on the amount oi
arv such note, bill OF exchange. or other
evidence Of debt so discounted, and no
more; provided. however. that interest
znay he reserved or taken in advance at
the time Of making the loan OF discount,
according 70 the usual rules OF 6anking,
or as calculated in Rowlet!'s tables; and
the knowingly taking, reseFerving or
charging on any debtor demand siscoun
ted or purchased by such bank, at rate
cfinterpsi greater than that SLOWED oy
this section; shall be held and aGjudged a
forfeiture Of such debt 90 demand brt the
purchase Of discount, and the taking or
reservinS of interest thereon al the rate
aforesoid, aforesaid, from the time OF such
purchase or discount, until the maturity
such bill or note, shall no! be held usurI
Qua, .lthoug exchange on the place where
tits mode payable, is at the uEae OF such
purchase or discount, worth prcMium
nor shall the discount or purchase OF a
bona 6de bill or note, payable at place,
between which and the place of discount
or purchase. exchange is in favor OF the
place OF discount or purchase. and The ls-
king in addition TO the rate OF :nlerest a.
foresaid. the rate Of exchange between
such places, he deemed usurious; pravid
ed no more than one half Of one per cen'
shall be iakeu as exchange upon any such
paper payable IN this State. aaH no more
Than one per cent upon any sueh paper
payabIe out oil this State, and IN nc
case shall more than the current rate
ofezcbange between sach places be te
ken.
SacrIor a. The total liabilities Of any
person or Of any company or 6rm, CncIu
ding in the liabilities Of q company or fru
the liability OF the several menloeFs there
of.) to any bank organized Endsr Ehisaet
inclusive Of liabilities as acceptors OF oonS
fde bills Of exchange. shall at no time ex
ceed one half, inclusive OF liabilities as ae
ceptor or accepr ors, one 9Th, and exclu
s;ge Of all liabilities on such bills OF eK
change one-tenth part OF the amount o
the aotes which such bank il author
issd to circulate at the time OF such liza
bities.
SECTION go No bank shall at any time
paw cut on loans or discoua!si or in pur
chasing OF drafts or bills OF exchange, o
in payment Of depositors. nor shall 1t II
any mode put in circulation the notes o
any bank or banling company which no'e
shall n el al that lime be receivable at par II
paymeat Of debts, by the banks so payinl
out or circulating such notes, nor shah
knowingly pay ous or put in c'rcr's'Io'
any notes issued By any bank or banking
company which. at the time o such pay
ing or pattipg in circulation is not re
deeming its notes in gold and silver; no
any notes issued By any bank cut Of ihl
State.
Szcrros 20. All nstes. bills, and olhe
evidences OF debt, excepting biHs OF e1
change, discounted by any bank. shall 3
made by the terms thereof. or by speci'
Endorsement papable solely TO such bani
a. no such evidence OF debt shall be assign
able except, fer collection, or for the TO
lowiag purposes;
Fret to pay and redeem the circuislin
notes Of sueh bank:
Second ITO pay other liabilities Of II
said bank: saa after such liabilities sha
have been discharged;
Third To divide among the shaTehol'
ers on their stock.
SECTION 80 No bank organized und'
this act shall issue sny caruicate of d
post, order. draft. bill Of exchange,
other evidence Of debt, payable in currel
cy or in anything less valuable thaa 60
and silver coin exceps receipts tor speci
deposits; nor shall any such bank ke'
any accounts 10 currency or 10 anyth''
less valuable than gold and silv
coin, except accounts Of special dePC
its. l., 81
HxcT1oS 81. No bank organized und
tbis act shall be permitted. in receiVil
payment at his barking house or OH
place than where the same wss paysbI
Of any note, bill. or ether evidence
debt, duo 10 such bank, and payable al
place other than st iss banking house,
receive ia additisnito tbeanaount Of su'
debt aud the legal Interest due theieo
any sum Wha,soassver as premium, .
change or dansgee; provided. nothing
this section contained shsll prevent su
bank from receiving the dsmagea allo'