The weekly Portage sentinel. [volume] (Ravenna, Ohio) 1854-1861, 1857-10-01
LAWS OF OHIO.
PUBLISHED BY AUTHORITY.


To amend the forty fifth section Of the act
entitled "an act to incorporate the State
Bank Of Ohio and other Banking Compa-
nies," passed February 24th, 1915.
SECTION /. Be IL enacted By The General
Assembly Of hs Stale Of Ohio, That the
forty fifsh section Of the act entitled "an act
to incorporate the State Bank OF Ohio and
other Banking Companies" passed Febru.
ary 81. lS45. be aud the same is hereby
amended 20 as to reades follows, viz: Sec
tion as. Whenever any independent bank,
being desirous Of diminishing the amount OF
its circulating notes, shall deliver to the
Treasurer Of State any portion OF such iotes
not less in amount at any one time than five
thousand dollars to be destroyed, the Trea.
surer shall destroy the same as prescribed
in section thirty FIVE, and shall thereupon
transfer and deliver to such bank certificates
Of funded debt deposited with him by such
bank to an amount equal to the amount of
notes so delivered up: Provided, that the
amount OF such certificates remaining with
the Treasurer shall not thereby be reduced
below the amount of the capital stock OF
such bank at the time paid in, nor in any
case below the sum of fifty thousand dol
lars, nor in value, estimating the same at
their then current price in the city of New
York, below the amount OF circulating notes
still retained by such bank; nor shall the
Treasurer be required to transfer such GER
tiicates in fractional sums Of lees than one
thousand dollars; bnt whenever auy such
bank, being des;rouSoOf relinquishing its
banking business, shall have filed with the
Treasurer Of State, under its corporate seal,
declaration to that effect, it shall be law.
ful Tor the Treasurer of State, upon receiving
from such bank its circulating notes, in par.
cells as in this section provided, to trans er
and deliver to such bank of the certificates
aforesaid to an equal amount, although the
amount OF the remdining certificates will be |
reduced below the amount OF the capital
stock Of such bank, and below the sum OF
fifty thousand doll5rs. Ard whenever uny
such bank shall have paid at least ninety |
per cent. OF the maximum amount of its cir !
culating notos, and shall have delivered the |,
same TO the Treasurer Of State to be des-
troyed, and shall have provided means and
given security to the satisfaction of the |
Treasurer, Secsetary, and Auditor of State,
for the redemption of its outstanding notes
Of circulation at the place where the office
OF such bank was established, ard shall have |
given notice thereof by advertisement, for |
six consecutive months, in two newspapers
of general circulation published at Colum-
bus, and at least one published in the city, /
town or village where the Office of such !
bank is located; it shall be lawful for the !
Treasurer of State to re-transfer and deliver
to such bank oil the remaining certificates !
OF funded d. bt previously pledged with him
oy such bank, and all the corporate powers
Ofsuch bsnk, except such as shall be ncces-
sary to close up i's affairs, shall cease a! ter !,
one year from the time of filing the dcclora-
tion OF intention TO close up its banking
business with the Treasurer as above pro:
yided. !
Nh. VAN WORRIES,
Speaker Of the House of Representatives. /
THOMAS Fl, FORD,
President of the Senate. !
April II, 1857. !
mo. l4l.l AN ACT
Relating to certain proposed Amendments
to the Constitution, and the publication of
this act, and an act therein named.
WHEREAS, The General Assembly of tho
State OF Ohio, three fifths OF the members
elected to each House agreeing thereto,
have proposed five several Amendments
to the Constitution, to be submitted to the
electors for their approval or rejection at
the election for senators and representa-
tIves. on the second Tuesday Of October,
1857, therefore,
Section l.. BE i! enacted By The General
Assembly Of the State Of Ohio, Thet the elec.
tors OF the state shall vote upon said proposed
amendments at the general election in Oc-
tooer, 1857, as herein prescribed, viz:
Those veting for amendment numb Der one,
shall put upon their ballots these words,
"Annual Sessions Yes"; those voting
against it shall put upon their ballots these
words, "Annual Sessions-No". Those
voting for amendment number two, shall
put upon their ballots, "Change Of District
Court-Yes"; those voting against it shall
put upon their ballots, "Change of District
Court-No". Those voting for amendment ;
number three, shall put upon their ballots, i
"Bank and individual Taxation Equal ,
Yes; .hooe voting against it shall put upon ,
their ballots, "Blnk and Individual Taxa. I
tlon Equal MOP. Those voting for amend.
ment number four, shall put upon their bal. n
lots, "Corporations-Yes"; those voting =
against it shall put upon their ballots, "Cor. :,
porations-No". Those for amendment Is
number five, shall put upon their ballots, q
"S!ng!e DistrictS-Yes'; those voting O
against it shall put upon their ballots, "Sin. n
gle Districts-No". :,
SEC. 2. A return, additional TO tho re. =,
turn now required by law to be made, of the y,
votes cast at such election for state officers, II
and senators and representatives, and, also, 81
for and against each of said five proposed n,
amendments to the constitution, shall be .,
certified and made by the clerk of each ;,
county to the secretary of state, within ten Ut
days after said election, and within twenty fr
days after said election, the governor, sec.
fetaTy OF state and attorney general shall II,
open said returns and couut IT,. votes, md
ascertain whether or not majority of the III
votes cast at said election have been cost
'or said proposed amendments, or either of
hem; and If it appears that q majority of o.,
Inc votes cast ut such election have been W
cast for said proposed amendments, or either W
oi them' the governor shall make pvoclama. tn
ton thereof without DELAY. d
Sec. 8. This act, ard the act entitled y,
ian act providing for the submission to W
lhe electors" Of the act entitled can act to y"
incorporate the Bank of Ohio and bran. di
'hes'" passed at the present session of the OF
GENERAL assembly, shall be published bv o.
ZACH county auditor, in two weekly Enolisb .
'uPers, if two be published in the county. 81
nd in one German weekly paper, if pub. pl