Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1856-05-22

its banking house or other place than where
che sane vas payable. Of any note. oill. or 9TH
er evidence Of debt due to such baOk. and pay
able at q place other than al is banking house.
20 receive iu additioa to the amount of such
debt and thelegsl interest due thereon, any sum
whatsoever as premium. exchange or damages,
provided. uoIhiag 10 this section con tained shall
prevent such bank from receiving the dana
gss allowed by law upon any bOna.6de bill o
exchange duly protested for nOn.accePtance OF
nOn-payment.
Section 80. All transfers of notes, bonds
bills of exchange. and other evidence of debt
owing to any bank, or Of deposits to It's eree"'
all assignments of mortgages or other securities
on real estate. or of judgments or ds'fees IN l's
favor all deposits of money bullion or other
valuable thing for its use. or for the use Of any
of its stockholders or creditors, all payments OF
money to either, made after the commission OF
an act ofinsolvency. or in contemplation there.
of with view to prevent the application Of its
assets 10 the manner prescribed by this act or
with view to the preference Of one creditor
to another. except in payment Of its circulating
notes. shall be held utterly null and void
Section 33. If The directors Of any banks or
kanized under this act, shall knowingly violate
or knowingly permit any of the officers, agents
or servants OF such bank to violate any of the
proViaions OF this act, all the rights. privileges
and franchises of said bank shall thereby be
forfeited such violation shull, however, be de-
tsrminsd and adjudged by court Of competent
Jurisdiction. agreeably to the laws of this State
and the practice Of such court, before the cor
poraton shall be declared dissolved and in
case Of such violation, every director who par
ticipated 10, or assented 10 the same shall be
held liable in tis personal and individual ca
pacity for all damages which the company, its
shareholders, or any other person body cOrpo-
rate or corporate shall have contained in conse.
quence ofsuch violation.
Section 81. Every president, director, each.
Ter. teller. clerk or agent of any bank who
shall embezEe. extract, or Wilfully msapply
RnY the moneys funds or credits Of such bank,
Ot SNAIL WlthOub dutnOllt tu0 uIOCtotS'
issue or put in circulation any OF the notes Of
such bank, OF shall without such authority, is.
sue or put forth any certificate of deposit
draw any order or bill of exchange. make any
acceptance, sign any note, bond, draft, bill o
exchange, mortgage, judgement or decree, o
shall make any false entry on any book, repor
or statement Of the bank with an intent in Ell
Increase to njure or defraud any other compa
ny, body corporate or polite, or any individual
person or to deceive any officer or agent ap
pointed to inspect the affairs of any bank il
this State, shall be deemed guilty Of misde
meanor, and upon conviction thereof, shall b,
confined in the penitentiary at hard labor, no
less than five nor more than ten years.
Section 35 Stockholders in banks organi
Eed under the act, shall each be Individually an
ssverally liable TO The creditors of bank G
which they are stockholders, in sum equal il
amount TO the stock owned by each, and shoul,
any such bank become insoluvent and its as
setts be found insufficient to pay its debts anC
liabilities its stockholders may be compelled
tOpay such deficiency, i'll proportion TO the a
mount of stock owned by each and SHOULD
The whole amount for which stockholders are
individually responsible, as provided in this
section, be found in any case to be inadequate
to the payment Of all the residue OF the debt;
OF any bt nix after the application Of its asset
TO the payment OF such debts, then, and in tha
a. 4 LII L.
count of their individual liabilities as such sha
be distributed equally among all the creditors c
such bank, in proportion to the amount to each
the personal liability in tLs section PROVIDE
for, is over and above the stock owned by stock
olders, and any amount unpaid thereon.
Section SO. The General Assembly may al
Ter orrepeal this act at pleasure, but no &C
altering OF repeating this act, shall impose any
injustice or wrong upon the stockholders OF any
bank organized under II.
Fass on 81. Every corporation organizes
under this act, shall have power TO make al
necessary and proper by.lsws for t e manage
meDt and control Of its business and to fix an
regulate the rate of charges for making ColleC
tions, The bank Of Ohio may revise the by
laws, and may also revise the regulations Q
the branches concerning charges for making col
iections and cause both to be made. uniform q
moDS the branches, or as nearly SO as may
deemed expedient.
Section SO. The corporations organize
under this act shall continue to exist so long
necessary for the settlement OF their affair
notwithstanding the repeal of this act and
Law shall ever be passed diverting OF apprOpr