Weekly Council Bluffs bugle. (Council Bluffs, Iowa) 1857-1860, 1858-06-02
COUNCIL BLUFFS. IOWA, VRDNGsDAF ING, l !, Il
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I &xaEy saFp93atl0a zanaeg ia
! pssxT8suna III tlaaa ass shau be IiabIa h
J psy khs heIass q ever note put il ~
] eaiats0ns kha payment Vt which sksl
i AaFa Ae@m dszaaadsi and released. daaaa
! gAsskaE kha nor .psymenk thaee0f ln -
) 3g fnZag 80 Nj slaa rate 81 twsIva and oae
J halg - aesa. psS anssBm gsoEa shs Tn
! II $50 sssasa anla ths psygaens .
j ansh deaf 80 80 damage tharsons pro
! sSsssSs EhaE 40 damaga 1hali 30 ailesfal
} on sueh ds@ aHa after Eha, baak has ron
inio Isaniastssa. The PrssidenE ! ).
] Cashisg Ak eysgY essnezasien foFsaas
!, pasa1Ams No the pFeyisi0Rs al shia aes
: shall kesR y bxns and eoxxeet l:ss az Ia
nAgnes &c I'll tkA shareholders al suaL
! eorporasi0nA aaa shall Ale a copy ai
such iisE in the asca Of ths clark sSf ahe
county where 80 elEies of aach e0rporA-
aon may bs Iaeaked, and also Ia tka o.
Ace og sAs AaSEEas On she Asss Moaday
in Iaahaxy IN esasg ysays but the hsldsr
"a any egasm a9aiRat sueh hank - eaE-
paSasaon payakAe On dsEnand on due ri
tha line af gong lnta liquidation, shaal
be snkiklea Il InkeKsak IS Ehe rats of ten
per cent per nnunsa until paid and All
other elasHa aAall bear the sAme raEa ef
interest after mAtuRity. 90 +. .sfs
t., %. Il shau nos be LsaFui kof any
cooperation nndar this SCI 10 make aay
Of Bs notes pas IN circulation As momey,
4 payable 1T any other place than at tia
/ once where the business Of the corpora
/ tea is carried sn sEeFy corporation
/ which NAY be Authorised undar the PRO
! vlsions of this aos shah be located ia
/ some city, town OF village having pep
i ulslion Of nos less than ave haDdred IN
habisants, nsr shall the ofdea where the
J business Of sneh corporation ia trans.
acted be al aay ether plass than tha city,
fosn or village whsEsin aaeh Corpora
( tion is located. -
/ ! "a. Asr corporation shall issue or
put in circulation any notsa Of such cor
/ poEati0n ualess khe same bs made pay
able on demand, and every sach corpo-
ration shall always keep on hand an
amount Of spegis sufficient 20 redeem ali
such bills or Rotss as asay be presented
Is she place Of payment. ~ 1913
/ 5 So. Each sorpo ration shall always
keep on hand au amount Ia addition 20
thai required 20 ba kept on haad by the
provisions Of the preceding ssogi0B,l
equal TO twenty-five per eeat Of the
amount Of specls deposits ia specie, aud
the Same proportion Of fSs other dspos-
its for the security of depesitors bat
no saeh corporation shall pay any inter
est ca current deposits. -. -. ~. g.
i q. IA aQrIorasien organized an-
deF the provisions Of this act, shall sE
any timB pay cut on loans or discounts,
or IN purchasing dFafas or bills OF ex-
charge, or IN pagment Of dapasisors,
nor shall it in any mode pak IN aEcnla-
ton the noses Of any bank or banking
company, which Hoaes shvtl not st that
time be redeemabls in specie . asthe plate
where such notes ars made payable.
: "a. All grants, eoAVeyaneos, assign
meats, transfers, sales or dispositiOn Of
property, rights, credits or sifsota, hy
aqT sqG4 cQrp9Fasl ~, Tor the purpose or
With lqtept to secure the payment oSQas
liability in preference 70 sddthar or otk-
ars, OF In any manner TO seeass spy pFi-
oratity or preference 70 any one OF naEs
creditors, or which shall be intended to
have sush opaKaEsoa or aRUaa, shall be
void IN respect to sll other parsons aud
creditors whose rights or remedias may
be effected thsrehy,
g. Il shall be lawful for such cor
pGrstiou 70 PgnehASe, haid aud soayey
real estate for the following purposes
lSt-sueh as shall be necessary for its
iinm sdIate accommodation, banking Goa
ses and buildings connected Herewith,
in the transaction of its business. 2nd
Fseka #4zS 81 msE So ~ al
dee jadgasnts. de6Tess or morsgsKos.
held By sasA corporation, and At sales
uRder jndgments and deoEees in fAgar Qf (
Others, where it was done with the sole I
view Of securing and saving debts due T
or 70 become dee En- such corperation, .
3 ID. Ihr s4id CoEpoFAtion shall Hos I
purchase, bold or convey real estate in /
agv other case Or for any ather purpose !
whatever and &tI sQaSeyaReos Of sgCh +
FCai estate shall be made to tha e0Fpora- 7
tloa, and which tho Pyssidedt and cash
ler or srtaer may sell, sssIgn, grant or
convey under direction Of The corpora
tioR free from any claim GheTeoA ia f&-
rar aE oE against thG shareholders, or
any parson claiming under thsm.
! -. Upon the application Of tha
Auditor, or Of aMy SHAREHOLDER or share ,
hsldeEs, whose shares shall smoaRt 70
ire thoesaRd dollars, or Of Any person !
or persons holding evidence Of indsbt-
eansss against any saeh corporation 70 !
that sEaanRt, whieh application shall I
set forth in fall the fasts ahd eirCaua-
stances upon which it is made and shall I
be verified by athdavit, the Judge Of Ehss /
District Court Of shs county il which /
shs business Of shs aoFpoEatsDn may ha !
conducted, may order an examination 10 |
be mada BY any competent person or
persons 10 Be hY hIn appointed, Of the |
affairs Of such corporation, for the pur- [
pose OF aseertaiuiag the safety of its iu- !
vesSmeuaa aad Vie pRad4ngs Of lie aan- !
sgs@sn&y and sha rasmlt Of saeh exAmi- I
nation, togsEhss With the spiaion Of the |
Judge thereon, shall be pgblishsd II such |
nsaaner aa he shan direct, and vito shall
make saah order ID respect 90 toe sx- /
peusa af sacA Examination "a he maay
deem proper, IT, Z. ses,.fs
{ q, II any corporation organized !
Under this acs shall refuse to Bay any
eF ITS circulating notes In gold OF silver !
coin, the lawful currency Of tha UnaEed
States, on which payment shall be law
fully 4efaaaded al its baakiag houEe or
SassonsaEy pAasa u& aaing huaaneaa, du- !
rang nsaal baking hears, the holdsr Of
sQeh Rata or notes making sneh demand,
NAV cause the Same to be protested aa
hereinafter provided; saCh eaTpoFaaiea
shall Suiy be allowed 10 Eaaka naymsas
Of any sash demand in silver sain, where
ga 5xsx.- - 1ssn saamsA - a. a
tho aBeunt Tor which silver soip 10 q ls-
gal tender according 70 ths LAWS OF tha
United States; and when payment shall
be dsnAndad on more thAa eas of It's
notes as tka sa1as time, eha mkgregaaa
aueuns OF such nufHs 10 tbs anount Of
une RantYfed dollars ahalf bs consigYered
~oF dssaAua Wheh any notes zee psysnaus
Of which has lyasa Eakas@d as aa1azRsaid
are sougha 70 bo protested. The Notary
pablie whp pga@sgaE# ths sasas foE pre-
tsss shsA present. as easA sima 90 nany
Of said notes, (if 50 many these bel Is
ssll sanaant is the aggregate so atAs suua
sf oae haadrsd dsalasst ssa pFsssss ahe
same In .kks aaaansr aa IL said aesaa
Rega haa Anesss aad 90 In like maansg ges
sill saah aotss ig they do not id TIE a.
gsegaka aaaaaas 10 zee AamaRsa aallaFs
aad tha ARdAsOa - ssaaising aud ILL.,
in his once Smch protest sAall fprthwaAh
give agsiss in arisang ~ shs epspagasF0n,
the maker sr makers as notes. "a nay
kha hAme. and ifs be as EhRy sAail smsEs is
do aoK tha Aaditag ahal iaaaediaeeAv
aAarsuaan, tsanless aaeh aospaHaas 49,
satssky hia, By assdawiss 6laa il hia u.
Zee, tkaa thsT sr b had . good Assswae
as agsiasa sias psasaa pfsssaslag 80
s@asa ID s@eaTsxy sAaEasg giys mmsfea
La AZ taaAk s4a xsass~s ssysssssAg Tks ,x6sF -