The weekly Portage sentinel. [volume] (Ravenna, Ohio) 1854-1861, 1857-09-10

of their affairs, nUtWilhs' autigg tie repeal o.
Ii is act; AID no law shall ever be passed d
vcrting OF ipgropriali"g the asseiso, any 5nrh
branch to uiy purpose ether than 10 The pry-
ment Of lis debts and liabilities, and the DIS
trbution of The residue smorg lis stockhold
ers in proportion to Tie stock by lhsm sever
ally owned.
BANK c, MWIssIoEE. 5,
src. 20. To carry into effect he rrovis
icns Of Il is pct, VIM. w. Scarborough, 0
Cincinnati, Franklin Il. BacAus, ci C!cyc'
lrnd Hooking H. Hunter, ct Lancaster, }.
R. Fiun, of ColuU.bUs, and Samuel toFrtr,|
o. Dtytcr, shall be tnd they are Loreby &p-
pointed c, ,nmissioI ers, and they, or q major
ity of them, after taking Gn oath diligently!
faithfully ard impartialy 10 peficrm the tu-
lies assigned thcm Oy this uc' certificate
ofwhich otth shall be filed and carefully pre-, .
served in the tfTice Of the sHuetaly of state,
tha!l constitute board TO be designated the
tcard of bank commissioners; which board
thull continue until the or urlzaiion ol The
BaLk OF Ohio, IS herein provided for, and
thereafter, the duties which they arc requi.
red 10 per.olm by tiis act, sh.il be pcrioim'
I'd by said tank; ard ifonY Ct said Comniss-
itneIs Iltil REUSE to serve. thai. die or rc'
tigr, his I!etc :Lsll be filed by tie goycr.
nor.
Sud ctnniss oners shall meet in The city
OF Columbus, at such time, within thirty days
after the adoption Of this act, Us shall be op-
Tointtd by the governor, WHO shall EotIiy
eeth mtu.ter Of his aproin ment, end OF the
time ard place oi n Getting; they shall, hen
met, 1rroint ore Of their number TO be their
president, who shall, under the orter Of the
board, sign all official documents; and they
shall cause fair al tue record of aIltheir
tficial proceedings 10 be kcptin book to be
provided icr that purpose, WAich she'll be &C.
lyeIcd hy tie president o. said board TO the
BeEk cl Ohio, Is soon is tie same shall be
organized.
g. =, r-talo--,ofI,,l ,c,,r,i.s;,
-t.II 49, cor.icr,t,s fho Cr
na,;nn or rIrArcl,es trersr-ittca fo tlrr, r7
r.c"i~od Ir ,b;s ,c+ ma shair hy ono oFlLrtr
ovn ~ memboTs 10 @ or sneriol agfr, aanoiptcJ by
,Lo,, corth,, r,,rro o u,bo eh II rnt ba Ct, nI,
holder in any OF the branches formed under
this act, imn ediQtely proceed TO examine the
condition o! each o! the hlaacies which shall
have transmitted to sid board the required
certificate; ard it ehall be the special duty Of
.uch agent to carefully count or otherwise
ascertainthe amount of morey pgid in on ac-
count Of its capital stock, 10 ascertain the
ntme and place of residence Uf eoch Of the
directors OF such branch, and whether their
stockholders, directors and t!iiccfs are men
Ct responsibility and integrity, and C&titied
to the public COZ lfdence; ard he amount Of
capital stock OF Whice e.ch is tie bona fd2
owEcr, whether such branch has complied
with ell the requirements of this act ncccs9-
ary to cAtitle The branch to engage in the
business of banking, Oud shail cause to BE-
made end attesttd oD The oath Of ma j3rty
of the directors, and by tho cashier Of such
tranch statement of all the material facts
necessary 10 enable the board of bauk CEN
missioners tc determine whether such brunch
is lawfully entitled 10 commence The bnsi.
ness of bankirc under the proyisio Of this
act, and such agent shall immediately report
10 the-hoard Of bank commissioners eu.h
statement ard his proccedinge in the p~cn.i
ses.
c. 70 r. ,.,o o,.or,, .,,. ,,,..m,,.,, =, or
A. rF0-. ,,l..+.I.
md ststrncris If tba snerfaI a"o,t. gn
a;,.oJ 80 ,"I I'll
49, .o ,,t, ~ -
ofgIh.zcu na'e , cGTPllsu WAN ,Ns F'o.'s!o!.
nfb branches have beon formed md ,bottho:r
stockbolders, directors and Caicers, are men
,f resroneihiIifv and iptco,i,v and crt,rad
ro npbIic confidence, and hat such brancbcs
sre lnw(pllv entitled to commence the brsi
,ees of b.2k;nr Tho comr,i. ,inrors sbs'l
certify The same to The royrrncr, ord sI@II
immediately notify each of said brarchcs
thereof and within ten DAYS after receiving
such notice, each branch shall urnoint. IL
such manner as the directors thereof sh3ll