New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-02-25
Il. 4 Bas.i,sn PACED FEB Is. is,l a.i... Sd" s.e,sa

h9 bass'S, F~sstd REQ u, ie7 a~s t's ~" oSe 40
srerroS Every Banner Bsoltns As-oc.sn orrsniSsi
org buIss. under %. laws Of this s:s> shall transact re
sO,ipes ;he cf- B,nh the rse wichita notes
dsie5 al tie osson 'ps1seA IN tie oeriihs.es d.
proved Feb Il 1851 s0ihozios ,-u.rA system Of Bsnkus
and elsewhere. Prvs~d TIA, Bal s1a be ocsd 10
any psce osr than 10 Incorporated -i.y .cwn or village
Tits Site having rOpsis,oo Of ~ ieA't two hundred
people. p.,,,,, A..
.st,o- # ,Aa s.,s iAal Be redeemed % toe
Bsnae Of BntIs Association ssuDs he SANE 10 inch sun
,ks redeem 'ch Dote O. Do''s sum o. nI. :. nay b pre-
Sic In es.e any Barker Banking Association being the
ui .ier' Of cu,;na ro's or noe. sonner,saed
Baking 1ss-e February Is 1851 shall say time hereaer
On ard during the usua! hours Of ousrcs A. the
dem The sane IN the es coin Of the United States the
notes o such Banker Baking Association after having been
prescribed for payment and payment Aereof having BEN re-
ired N such lea, coin protested IN any ,moan PIE
..n,ed So;s Psss Or e' s s.y 10 n @
Notary ..nbo De obtained or bring obtained hA eis.e %
dsr.e the NUMBER, letters Aad denominations Of such pro
tested bills Whsr the bills % protested se b. presented 20
potiS Bank b, mail pay the aud he shall bold
he aid bulls for 'n day. from the ime o eceyns the sane
with cent per anna thereon from the dse
Ct .ueh protest. tGsstser Yin =. the cot. tnd Sssn s;
the 'b proesed a. provided IN ne ioar,ee5, $50
p,otdd hs, in presenting notes for under his
ton the patty presenting the shall Dot be required 10
sent or receive redemption Of each epstsly bu,hs
whole amount presented shall be treated tholshi,
sir gle obisaon iha, amount and he Notary
skr. protest .ha the amount presented in bis
protest shall also whether the payment of part
refused shall male ks Of toe amount OF vsch
there a refus sal to redeem.
SIC T. The second section Of act entitled, Al %. 20
establish gen, system OF baking approved February -
1851 hereby smended to provide ths. al stocks Of to-
ULi.d ard CT The several st.ies which Interest
regularly Paid including stocks Of this Ss,e depos;d With
the the provision Of tie las; NAMED set shall
valued 10 T. les han the market price OF such
he 10 provide in said ceion, pro-
yed that such stocks shall na-ce be received rate
above is par value. 1000
SEC The sixth section OF 20 establish general
kins shall be construed 70 reqle every
established upder said act 20 have bona fr
ssh capital Of At $1,000 actually paid good faith for
The purrose smsUns in such bank association a. capital
and Auditor shall ssfy himself Of snh fact before be shall
ton ard for this purpose he ia authorized examine and
al ssens and employees Of such bank or
soeor OATH and TO take all 50 n as be may
deem recesry determine that t The evidence reqnrei
By this section sha be in writing and sha be filed in the
Auditors Office.
SIC NO more ang notes shall be ss1ed under any
ccumsapcss bank association organized under saif
act until Auditor shall be satisfied that such bank or ss'o
actual tai as required in the hrt ecton
OF this act.
After ts passage
The funding act passed by the same Legislature
funds all the bank interest Of the State into cent
stock bearing Interest after 1860. This is better than
nothing but is STILL measurably reputation Of its just
debts, unworthy Of go rich and prosperous State.