Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1858-10-06

feet. file with the Bank Comptroller q notice
= IL writing, designating some city or village
: situated il a township. which according to said
returns, contained two hundred or more vot-
ere; and such bank or banking association
snail thereafter keep an Office in such city or
village for the redemption OF its circulating
: notes; such Office shall be kept open during
usual business hours between the hours of ten
and three O'Clock, for the presentation and pay
ment of It's circulating notes. The holder or
, holders OF any such circulating notes may have
such notes presented for payment and payment
J and payment thereof demanded, and may cause
. such note or notes to be protested for noa pay
mcDt, at the place designated in the same
manner and with like effect as If the same lad
been so presented, demanded and protested at
the place wle8c such note or noses are made
PAYABLE; and when such bank or banking
ISOLATION shall have compiled with the pc0Iis-
ions OF the foregoing section. such bank or
banking association shall rot be compelled to
redeem their notes at the place where such
: sociaji0a shall have hecn frs. located
$50. -, The Bank Comptroller shall, upon
receiving the notice mentioned in the last pre-
cedlGg section, cause such notice TO he pub
lished in the official State paper and in case
an, bank OF banking association shall neglect
o. refuse to conform 70 the provisions Of said
!, section, it shall be the duty Of the Bank Comp
tr0ller to sell the securities pledged for the re-
demptiOn Of the circulating notes Of such bank
or banking association. and Out Of the proceeds
OF said sale, TO redeem such notes. in the man
ner provided in section twcrtv-for!r Of the act
Of which this is amend tory.
9Th. Add to TIE first subdivision of section
nineteen Of alid chapter, the following words.
VIZ; And shall be such rs will be readily dis
tluguishCd iron! that OF a1Y bankiu. association
then existing in this Stale"
9th. Strike out all after toe word ''require,"
in section twonty-one, aud insert, and 10 per
son or association shall commence OF carry on
the buslntss aforesaid, until such person or as
sociati0l shall have complied wish the provis-
ions OF this act; and il Is further declared that
no bank of circulation shall be allowed 10 carry
on such business unIsss such bank or associa-
ton shall have deposited with the treasurer the
securities required by la1, to the amount Of
twenty-five thousand dollars, exclusive Of the
bonds glTcn BY the directors or stock holders"
10th. Strike out from the twcnty-thicd sec
ton OF said chapter the word tive" and in
sert in lieu thereof the word "ten" 80 that it
shall read, ten daya after such notice. also
strike out from the same section the words
/ 'some newspaper" ard in6elt in lieu thereof
the words, the official State paper" also in
SORT after the words pay the same the words
Hto&"th@r viii al necessary legal fees AID ex-
Penses Of protest and notice
18th. Strike out from the tweuty-fourth sec
ton Of said ci,2pter. the words. five DAYS"
aud inser, n lieu thereof, tIe-wor,js ten
days also - Ike out from the same section,
= the words ''sC9le newspaper" and insert in lieu
thereof, the words the official State papers"
also add 10 the same section the following words
, viz: And in case tic comptroller shall deem
:, it advisable, he NAV, with the consent of the
person or association OF persons so faitiaC or
refusing 10 pay such notes, dispose Of or sell
such secunues, otherwise than in the manner