Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1857-10-08
ST CLAIRsvILLE, OHIO. THURSDAY OCTOBER s. 1857

perform by this act, shall be performed by said
bank; and i. any OF said commissioners shall re-
fuse to serve shall die or resign, his place shall
be filled by the governor.
Said commissioners shall meet in the city oi
Columbus, at such time, within thirty days af
ter the adoption OF this act; as shall be appoint
cd by the governor, who shall notify each mem-
Der oi his appointment. and of the time and
place OF meeting; they shall, when met,apPoint
one OF their number TO be their president, who
shall, under the order OF the board, sign all Of
| ticial documents; and they shall cause a fair
ana true record oil all their othclal proceedings
to be kept in a book to be provided for that pur-
| pose, which shall be delivered by the president
oil said board to the Bank OF Ohio, as soon as the
same shall be organized.
| SEC 3l. The board ct bank commissioners
shall examine the certificates OF the formation
OF branches, transmitted to Them as required by
this act, and shall, by one Of their own mem-
Gers or other special agent appointed by them
| ior that purpose, who shall not be stockholder
| IN any oI the branches formed under lhls act,
immediately proceed to examine the condition
OF each OF the branches which shall have trans
mitted to said board the required certitcateand
1t shall be the special duty of such agent to care
iuiiy count or otherwise ascertain the amount
oi money paid IN on account oi its capital stock
TO ascertalnthc name& place ofresldcnce oieach
|
stockholders, directors and officers are men oil
| responsibility and integrity, and entitled to tha
PuoHc confidence; ana the amount Oh capita
stock OF which each is the bona hde owner,
Whethe: such branch has complied with all The
requirements Of this act necessary to entitle the
branch to engage IN the business OF banking;
and shall cause TO be made and attested by the
oath ci majority oil the directors, and by the
cashier OF such branch statement OF all the
material facts necessary to enable the board OF
bank commissioners to determine whether such
branch is lawfully entitled to commence the
business oil banking under the provisions OF this
act, and such agent shall immediately report to
the board OF bank commissioners such state
ment and his proceedings in the premises
SEC. 81. II, upon Il careful examination oil
the certificates OF association, and the reports
and statements OF the special agents appointed
to ascertain whether the branches so organized
have complied with the provisions Of this act,
1t shall appear that five or more such branches
have been formed, and that their stockholders,
directors and officers, are men nf responsibility
and integrity, and entitled to the public CONN
dence, and that such branches are lawfully en-
TITLED to commence the business of banking, the
commissioners shall certify the same to the GOV
ernor, and shull Immediately notify each OF said
branches thereof; and within ten days after re-
cei7ing such notice, each branch shall appoint,
in such manner as the directors thereof shall
Bank of Ohio. But no person W ho is not citi-
zen of the limited States aud a resident of this
c.. - - n -. -. a. 60.
anu uo mas no' iesIuou "i'ni" 'i'i' .o