The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1857-10-08

kiflknsn fhs 4moans III Mdlvfdcd {
profits Y s..c b.ssst.
81 cra.l l- Fer tsyzif tsifsoun .sssount Of the IL I
abilities so'the hrauril bylthe dirrcturs4
thereof. collectively specifying the gross
amount si such liabilities as nlincip4ll !
debtors, anu The gross amount as, rndors.
crs or sureties;
Seventeenth The tetsl amount Of LA.
bilities tosthe branch of the stockholders
thereof collectively. specifying the gross
amount of sucL liabilities as. pyin ipal
debtors. and the gross amount as indors-
RS or sureties witch statement shah be
forthwith /. ausnitted tothc Bnns os Ohio
and au !rof'of Stst,..
An sbsnac,a Of every srch statement,
.h9w wing The runaition OF The branch,
nstiis b< hnnvdia,ely pub'ished hv the
tranA u IN som,- newspaper printed IN the
cSy.,n.ySwhere shth branch IS. situated.
xSfcs39% The general assembly shall
NJ hsvtritnpo@r any grvafrr tax upou prop,
.rsyatinpf ycd IA bauki0g under. this act.
shansis or fsa ysBe imposed upon G 6 prop
efty Ui inlit 4uSfs =
isSkca o. E,ts brinSt may take, re-
servv, r. 4Ative and csmgeo any l"an or
discouotstr .,. ii dpon any noe, or bill
Of excfar - or o,iitr. tr.tTiien~c Of a,bt,at
the rate u Nix pr ~ per annum on
the amount q ANY ~ Il noe. bilt Of cx-
change, or iot!ter evidsnct Of 1cbt 50 dis
counted, and No IN +: Pio,ilvt howev-
or, That interest may be reserved or Ia
ken in advance ut the time OF making the
loan or discount. according to the usual
rates of banking, or as calculated IN Row
lets tables; and the knowingly taking, re-
serving or chars sing on any debt or de-
mand disccu nied or purchased by any
branch rate of n'erest greater man lhat
allowed bythis section shall be held ana
adjudy-d loriei urc OF such debt or de-
msnd, but ,heputchase or discount o. q
bona tide bill 81 exchange, OF note paya..
BILE nj anothrr place than the place ti
such purchase or discount. and-t taking
or restrsing Sf int rest thereon at the
rate aforesaid, from tae time soi such pur
chase OF discount, until the maturity OF
sach bin, or note, shall not be held usurr-
Gus. although exchange on the plac,.
Wee i. is made payabl-, is at the Tine
of sucll purchase or discount, worth q
premium; nor Shall the discount or pur,
Chase Of bona 6lc bill or note, payable
at place, between which aud the place
Of discount or purchase, and the taking
in addition to the rate Of interest afore-
said, the rate OF exchange between such
such places, be deemed usurious: FRO
yided, That no loan to, or discount IN Ia
yor of any director or stockho'der II
which more than six per cent shall be ts'
ken, reserved or charged, shall De forfeit
ed, bat the same shall be valid agalns
such party. Provided further: That nc
more Than one-half Of one per cent, shal
be taken asexchange upon any such pa
per payable out OF this State and IN nt
case shall more than the current rate 0
exchange between such places be taken
SEC. a.. The total liaoibiilies OF any
person, or OF any company or hrm I'm
cluding in the liabilities ol any person, o.
sof any company or firm the lao liies
the several members thereof, to an,
branch as acceptor or acceptors OF oon'
fde bills Of exchange payable out Of this
I State ,sshall at no time exceed one-iourtt
of the amount Of the notes which sdct
branch Is authorized to circulate, exelu
sively Of liabilities as acceptor or accep
tors. one tenth. and exclusive OF all la
sbilitjes on such bills OF exchange one
twentieth part Of the amount OF suci
notes. b 4 sEss ysf%
No branch shall. at any time, pay ou
on loans or discounts, or in purchasln!
of@dfafts or biIls Of exchange, or IN pay
-ment Of depositors. nor shall It IN an. m.
mode put in circulation the notes OF an.
bank or banking company which note
shall not at that time be receivable atpa
in paw ment or debts, by the branches $
paying out or circulating such notes 20 ?.
shall It knowingly pay out or Pat I'd p CT
culation any notes Issued by any bank Y
banking company which at zthe time {
such paying out or putting IN circuiat'o
is not rsdeenning It's notesin gold and 81
yer, nor any notes issued by any bank ou
&C thjs Stafea r-ss s=A@
- All notes, bills, and other evidences {
debt, excepting bills OF exchange, dl'
counted by any branch, shall be made 0
the terms thereof, or by special indorst
ment, payable solely 70 such branch. an
no such Evidence OF debt shall be assigna
bic except for collection, or for the folio"
! ing purposes: . :.
First--To pay and'redeem the circuis
ting notes OF such branch; -
Second-To pay other Liabilities
such branch: and after such liabilltit
shall have beer discharged; as s'--s
Third-Fo diyiae among the shas
---z,.kr ehofiersAer their stock. --
20 braneh shall issue any certificate !
deposit, order, drar, biIiAcf Exchange, {
other evidence Of debt, payable in Gu
rency or in anything less valuable tha
Mold and silver coin. excep. receipts &
special deposites; ror shall any sue
branch keep any accounts in currency
-~-5srHByliiipg less valaabie tiiar gold AZ
silver coin, except receipts forspecial d
posits: nor shall any such branh ke'
adv accoupts in currency or in anythll
lsss valuable than gold and s lyer col
\ except accounts Of special deposits.
N No branch. shall be permitted, in !
eciging paymens At its haking house
oEber 11sce than where the same was pa
nb;e "a any note bill, or other eyiden