Weekly Council Bluffs bugle. (Council Bluffs, Iowa) 1857-1860, 1858-06-02

D gE EAl us sf&s &c aaa asgaA3B 90 ElaaAs@ or 8@z
Ineas Of the corporation, shas powaa8 ~
l8aalssgf may ssaels seospssassnq ssss
Wits SAs saass ahaia o8sss aa& .tsssssnia
/. aalI Mia Toe sa8asss suAaaeaesa wiaA 4
/ aalna shall be- proAFasssaa gRgaa @assassSa
!. aav e0s4sNag 1saK ahs samay amaeas ~ i
J Naeetsaoss ox aseFeeee slss soms4 % -
psssssaaa aags aaay Ass hsz3 sss@ slls . .iss
taAsRsa iii r6esavass . and wamaain@ - q Il
EaaaFsa 90 eAs seogpee@stpa !, q sAnaa he q
kssnalasd sasaE sash sesasssslsn ssas .
Aoana o. psay ghe asts e. zbsil 9s asasa
aeass ghs brasask aasss@ak - sAs eslaesal
nSsNfahssaAiamk psevisssng shas aAa q
Fgaa Ski isssMSe 0k Saae 8ewpmgsss0m $40
eonsiane aos paRpsses es prs0sedsnks ]
courts for and agasnss tAs ssmae, and
ayofdIng shs loSs u psopsssy ii -
kina, for w@ms af pssson ia Asimg /
hold sts s&sas. bet fsr no ethsE passses
whassveE, SD is sksAal Be sAsausy -
Auditor 30 Apeiy 10 AHy Judge og ID
Disssfcs Uoufs 0R shTw gsass, whasa -
IL shall Dc 20 appeals e. aisisasssssss
peEson % newsoaal o Reserves ~ 6 ssssag
sgs wass bhall reside In the se@ssH 4
which eha ban& Is slsm masea, 90 sAka O
assets ss8a property sg eyeryseash sag
/ porasion lnto fis " their gassession.s -
collect aaa apply all saeh asseas -
I pro peTsy a. may SoEae into his or thei
possession undsr ths disscsien Of III
DiBtrisa Ceurt Sf the ssaasy ID whicl
che eoFporasion was heated, 1ss@~ % ID
reasmpEion ar psymsnt ct sifoalasgal
notes 2ad--so the phy1mSEta oe dspSs Ssiss
! 3Ea--fs the p paSnsens 3g ail ata4aF ffadsbs
+ edResss, 4sh@so The psyHasns Of steek
holders. IF shs Andfeor shall fnog pxo.
eeed TO wind up the affairs Of such sasE,
/ poPatFoR ca ths reception ana asing b.
him ek the protest Aforesaid, the h0adas
OF such protested hs&s shall have ssaci
rights at Law and gquity sgsinst saeh
corporations as any creditor has against
he dabsog aeeoFdiHg 10 shs laws of khis
State. Receivers appeiassd under The
p>Sv fsions Of this acf shall give boad
and seeuTity as nsay be required by the
Judge OF che Cesass appointing shsa.
3 %. That shs dissgisgsion lad appsa- ;
o4sioa OF all Ehe nAcAas, assets aad pssp-
eFsy Of sRsA eoTpogalien Is shall essaa
iaso che hamds Of any saeh Rsceis.
aF or Receivers, or shall bA I'm fhs Aaads
Of the AaaieSg, shall fga& be appli&d n
payment and saEfsfastisu Of ailaotes ia
sasd "a aad for . eiFealSting medium by
any other such corporation. ~ s@E.
8 80. Stock. holders in eoFwoea$i sns
ssganiEed under the proyisisas Of thf&
acs shall be individually ana ses eseraily H.
able 20 tbs creditors Of ths eoTporsEicn "a
Of which they are ssaOk holders or shaFa
h8l deFs over and above the aHoaizs Of
stock by them hsld, to an asmount equal
te their respective shares 60 bel a, for aal
Its ifubisiEies aeeraing while they re-
manned stoek-hoi dsFs, and no tFansfeg
of stock holders, and no transfer Of stSSk
shsl affect sach liability, sad should
any such association become ins0iyent
ana its asssssbs fouAd inaufA 10 pay
is debts and liabilities, its stock hold
sgs may b. esmpelIsd 10 par such daa-
cheney in proportion TO tAs axasaus ag
stock ownha 81 e4eh, aud SHOULD tha
whole amognt For which stock. hol aeTu
are Individually responsible Q, a. provided
la this section, be fouad ia any esse to
BE Inadequate 30 the payment Of all kha
residue Of the debts Of aray corporation
after the application Of its assets 70 the
payment 81 such debss, thea tife EnsneYs
doe from stock- hofders On account sg
tpeir FadiFidgal IEabI litsaa aa sGeh shall
be distributed equally among All the
creditors Of such Corporation, inpropoS-
tion to the amount due to eask. Phs
personal liability, in shfs seosian provi-
ded for, is over and above Gha stock own
ed BY stockholders and anY araqgIs sn-
paid thesedn, - A'' Fl3
8 al. Il shall De she ausy Of the Baa-
ears having charge OF sRy baak estab~
llshed under the provisions Of this act,
10 cause to be made cut on tbs Grss Mon
day Of January and July Of eash year
duplicate EssSsneuta showing the astnss
50 length sud place Of residence Of each
steessholdsF Of such bank, together With
the amoant AZ stock owned hy each, aad
tbs tFsnsFer og all stock, the date oS such
transfer, the amour. so Transferred, sad
the persons by and 70 whom Transferred,
one o. sataa statements SHALL be posted
ia soIaa conspicuous place ta the bank
ing house, and sLstl be continually AK
posed TO public fpspeetion during the
banking hours. The other 81 said stase-
meRts ahall be caused hY she bank 70 be
dffed With the Recorder Of Deeds IN the
ceanly in Which such bank is locatkd,
and . eopy % such last named ststsment
duly certified by the Recorder Ia whsse
ofkes The same ia Gle9 s5alI be p4ssGs ta-
eia evidence Of tbs facts sharein eoasaia-
ed 10 sny ooart Of justies Ia thia State.
.32,. That each and oil The provisions
OF this act shall apply q and control In
ali respects anY banker who shall eon-
duct basinAss uAder the proYisjoas Of
this lay, whether khe wofd hAnkex Is aR
lii not Used In any sach provision.
50. There shall ba elected ST each
regular bienaial session az the General
Assembly, by the two houses In jsIns con
convention assembled, three electors Of
the State ss Bank Comniasion whoss
dutses shall be 10 mAke ssmt- annual ex.
animation, and IS much ofssner ks thay
shAil dsem advisable, In respect "a shs
aRAirs and busiaess 0g associations ia.
corpOrated under the provisions og this
set, and IN respect 10 the sondfsiem aud
enlargement thereof, and the amount Of
specie on hand for the redemption sf
notes and percentage, OF deposits on
land, and also to inspect the securities
sled with tie Auditor and Treasurer 80
as to be able TO detggniis whether al not
any change has been asds in said asca-
ritiss, AZ well is IN respect Ia shs suslh.
81 eney Of sach seeuFi Il S to uees The IL
abilities of the corpoY&sion. and also u
determl1e whether said Raak eomal Lea
with the provisions os this Ikw. nd 10
report thsreoa 70 the Aadikng Ard 10 saah
oorporhtions Such Commi ioAara shall
have power 20 exanins All hsokx, papsss
and documents paglaiaiag 10 khe Mhal-
rezs of the oospogwsscn, &aa 10 gwAag 81
asrfn all oAcsrs, agents. and oEEIs eon.
neeted With the corporation IL rsspaes
to any matter sg thing about wAinh Ehsy
have the right To inquire, aud kAesx re-
posta xhah bs - hlEskSd ID same nsws-
bapes pahlikhsa ii che eanasy In whleh
the baak does hussnsss, md IL theFa ba
no paper pnhlisAed ia sash eOantya then
ID newspaper pub blishsd ii ghe nsagssa
county tAsgeso pr0vt64a. That nassasr
6g ghe GnAasAissioners elected III aAsos-
dance with ahs provisiOns q shis sesszom
shall Ia engaged aishag dirscaly or Ind
eeesay y basakiag ansAsF sAs pFuvissona
81 aAas asas sskhss - saas& haIaR, &asaa~
sox a. asaas afRsess and saseala sssAex al
aham ID sRsags ia hankiAgs So slaasea,
ii ahAlE BID ssnatraed aa fnaI xRsiRna~
sion es hss siHlss - CoMaa sassoAss.
& s&. 6aash Rsak 0smm miasa0AsFs as~
eaa@ aaAmKamg Mpam ksps aankaas a saasaF
ogaps aAell aaks and ambesFsbaaa oash ar
AfaFmaaien fasshfnIly and u apasaially u
psSgoxas III Ne daslss asIoEnsd uposl I'D
RsaulFsA " bepaEzssaAsd lsg tlssaz, whsah
sala oakh 0s ssaasna aaail be klad an
sha esiee af sha Seegegagy G Ssasa.
II IL ia ans1 HAmk Kssaaa - llnrss a - .