Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1856-05-20
BY THOMSON.

OiS Sh"'if oN"'''"S 80, - ."H'. .'.'' -
maIion OF banks, transmitted q 10 mem as re
|quired by The fourth section oil this act, ant
shall, by one Of their own members or ONE
special agenpappointed by them ior mat Puf
pose, who shalt not be a ssocknoldet IN an.
of lhe banks 10, med under TINS ac'' in"es'
asely proceed'o, examine ,ne conoison 1o'
each oil Inc banks gwhicn snati nave slaus' .s'H
milied 10 said board me required ucefslllSca.e
and u shailio NE especlal GuIy os sucl =
agent 70 cafelnlly counl y o,neIw'se useel w
tain the emoupso q moaey Paio 70 On accoua "
VI ~ caPi'al s1ock, y uscel'n. Io I Tuv,'
ana pace q res.uencs y eacn = Wy u'.sS
iors q spcp psnS' any y suas I sne " s'pSAnv'u
eIs, G'tecsyis any, y. vlis',s ~ = y ssspS,s
slo'l''y anu 'nssg y e.'''.'e.so s sno puo
'nc connaence. ahp hc a'noun' y oap''a
slock 81 wnct, eacil - .he o1na .'uI oJne. y.
whether sucn pank mas colipleu WIN al .n' ~
requirements OF 'h's ac! necessa1y " ,' eh"n'
the bank 70 engage IN 'ie BUSINESS VI oau =,
ing, and snail cause 70 % meae ana a"es!eo
BY the oath OF q meJority OF 'he directors
and by the cashier Of slch oanK' s'a'e'
meni Of all the material iac's necessary 10
ehaole 'ne Doa.1 VI n DahI .Jo ~ Is..'C,lI,, "
ue'ei'iil"e ~'.e'"e. 'I. W. @ !. @ ~
uHeo " Conl.no"Se "a'';., mo .h;" 90, ~ smoS
unuef'ne plosis,ons ~ " M'o NV 'ho dn' hoa.a su
as1"' ",";'o,""S S"a" , .sah vt u,.,oaon, ~ "nd
VI " oanN I. oo",o.'Vhe LIS sasn u.s." eA' "''
''' P.oeoe'1 r, VIZ na.asJ ax,;,,,;on
Heo' g" uPona oa;.,;a. .ae, ao'' Aad .ha y"
o. ne ce'"ilva'e' y, "'sv,do .h a;o aao u ao.n'.
Po''s anI s'a'e.nen's " ne 'pee'a. aso"s I'VE
aPpoin'e1 70 ascertain "ne,nef 'he oanAs so
organized nave comPiied WIN 'he provisions
OF lhis aci' !! shaii appear ,na' any such Van1S
nave been iormeu, ahu 'ha' 'heir s'ochho''
oers' directors anu oihcels are 'he'i " 10.
sponslolil'y ana ihegriy' anu en"ueu "
pubic commence, ane ,ha' sucn oahns ol
any " " 'he he% s,S;e..S w "fha1L;o ,h' conrn;..
e"oo "s ~ III oo.';r, ,ho 90 noa - tho Gov
ns o..ns ~" sholi r ho he sa,;s6sd ,hs, The
,"". & h," W." ~ al ~ .osrac,s w heen comolied with
20" law 10: s;. :" ..o,lan.,;"n ~ - so,,sn forh ,ba,
.,,"S , h.at. us .,s an,ho,;,sd - 90 nm, ence and
'" a..., ~ - hant;nn =, ,ha nloces ssvoyalIv
Ja.1,o,.d IN ,hsis ce,,;f;co,es IF associa,ion.
~ -,
oec. mo oah1 sna,L 20 olsanr1eu VI"
o" 1er 'nis ac'' as d DlsHch " 'ne nanA "
0hin, 20 .'ae soun'y u nau", ..d WV Ills" ,e.'
;ap''ai man hVe huhareu 'nouSahu uona'S'
~h'cn may oe increased 70 any sum no. eH, a,
;eeo,ng one mii,'on Q, uona's. to' 's'. sna'.
lny inoepenoen' oank DO oIgah'zeu .n'.s,i unus,
y, n's acs ~ sa.q Souu'S; y. WIN "a ss,ia.s Ss
nan swo nunoied anu my '.Ou'ar :, I, -
n'ss 20 S,..sssS Sa,,sana - dciiays, nyo.
O;dsd 'ba, r. No cass wSaye ,ha cani,al stock
of an .;ndana,dsn, bsnL 10 nsmed in ,o;s sc,.
shaIl ,he nar,iGca,ss of nnhIic daht reouired
- he dsnosi,ed hv s,ch hanks with The
Traosrror oc s,o,c ha ,roo,ed oy yagarded
as snv na,, If sncb ca,iIsI stock,
&C. NNI'IN,Nn"r.,,..I
Sec' ~ No oanA snai 70 eS'aO,,s"eu ans ~
nli 1nee' 'n's ac' ~ u oranen c. oi no od"H M "
orlo, ~ Ee ,, coun"eS VI ouyahoka' :'L ."I M1"
s'ii''y, rIauNli" =. Iuc1I. WI" I"m"a cIpe
zoe "aN ,"'ee nuuu.eu "Ou'a"e uo'.a,e'
"HlSn 'nsy pe 'i,o'saseu ~ ats sun NV "a
'eeu"s e'4 "."u'e. uouSanu uonoS, "o,
sna'I any lnuePehuem oanA " :'.1 ..do','"eu 's,N
~ any VI Saiu Goun"os' "n" en aIaPna " ieI'
,ua" oho hu"H'1u anu my "' w
Ia's' "nion llay oe ,noisa'Su ~ a"y pun
ho' eAceeu'hg 'nfee nuhareu 'n'usanu ao''
'afs' .,
Sec H. Inc caPisa' s'ocs Oh eacn oahs
,hall De olyiaed in!o snares Of one nunoreu
noliafs each' ano shall Dc asslgnaole on 'ne
DOCKS OF 'ne company ia sucn mahhei as
Us bylaws shall prescfloe' ous no snerehol
ler snaii nave power 70 seii OF transfer any
'nares neid IN ms own rlgh1 80 long as ne
'ha'i Do haole, eitner as prihciPal ueo'or'
'ure'y' or o'nerwise, 10 lne company LOT
my DEBT which shall be unpaid; nor IN such
;ase snail such shareholder oe en'iued 10
receive any dividend, interest or pfoft 'on
'uch shares, so long as such 'iaoiiities sha'l
continue, but all such dividends, Interests or
'fofits shall be retained by the bank and aP,,
'lied TO The discharge OF such liabiiilies, and
10 stocks shall be transferred without the
consent OF a majority OF the directors, while
he holder thereof 10 indebted 10 The COM
'any. y,
Sec. 12. No bank shall take, as security
Or any loan or discount, a lien ON any pan
II iis capital stock, bu. tho same security,
10Th in kind and amount, shall be required
d shareholders as of persons not sharehol-
lets; and no bank shall Dc the holder or
purchaser Ct any portion Of ils capital stock,
'f ol me capital stock oi any other incor.
10ralLd C0mnanV. unlnaa aIleh nlIrEhaG ehAI