Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1858-10-16

NJ en- hatat the Gene al Election 10 te held il III,
several towns wards, and election precincts IN the sats
of Wisconsin,, the Tuesday next sccceedlng the MS
Monday, (heng the second day of1Nogember nex) III,
following officers to be elected, to-wit -
representative in Congress for The Second Congress
sional District, comprising the counties of Adams. Bio
Az Buffalo, Burnett. Chippewa Clark, Crawford, Dane
Douglass Dunn, Eau Ciaile Grant, Green. Iowa. Jack
son, Juneau, La Crosse la FAY ete, La pointe, Mara
Rock st. Crox, 1rempeeau and Wood, in tile place Of
C. Washburn, whose term OF Office will en-
pire on t'efourth day Of March next.
A Member Of Assembly in each Assembly District Of
the state, and such County Officers required by
law to be elected at such election. a
AT the same election the question will be taken upon
the approval b The people OF the anenlmsns proposed
to the General Bank0g La@ by chapter 9S OF the Gen
eral Laws OF 1858, as follows:
AN ACT to amend chapter four hundred and seventy
nine of the General laws of Wisconsin for the year
1852 entitledsAn Act to authorized the business of
Banking i'll the State of Wisconsin,
The People Of the State Of Wisconsin represented IN
Senate and assembly, do enact as fotioms:
SECTION l. Chapter four hundred and seventy nine
of the general laws es Wisconsin, entitled IAN Act to
authorize the business of banking in the State of Wis
.consin,' is hereby amended in the following manner:
lst Strike out the word incufing where it occurs
iii the first section OF sa chapter in connection with
the compensation of the Bank Comptroller, and insert
in lieu thereof the words sexcusve of also strike out
the word ''y' where it in the section he
tween the wcds Of and ''thousad, and nserti
IN lieu thereof the words lone hund.ed II
I'd Strike out fronthe proyso in section Eve of said
Ichapter the words aud Governor, and insert il lieu
thereof the words to either with the Co.. ernor and Sec
lretary of State' 4@ fti
Sd. Strike out the SIXTH seventh Gig IT, NINTH tenth
land eleventh sections of said chapter H..
4t Strike out from the fifteenth section Of SAIL chap
ter be following portion II said section Aud the bills
ifr notes. the payment OF which shall be secured blythe
transfer OF public stocks aud ial Dad bonds. slsh be
stamped upon their face Secured by the pledge Of pub
ilic stocks and railroad bonds.''
5t strike out from section seventeen of said chapter
the following words Sections five and SIX andinset
in lien the words ssectinn ave also insert il sec
words ruo1 md
sufficient bonds the following WORDS viz executed
by persons residing in this State also insert nme,l
ats after the woIds"to he approved By him. in the
cton, TIE following wo DIS 'aid by the Govern
or or Secretary OF 81 ate
9th. Add TO the eighteenth section % st...cap a. +4
following words viz sand such hauk slall beloca ed
in some particular citysor village in township contain
ing NJ" essfan two hundred vnters, as shown by the
election rets on lie in the Office of the Secretary of
State Of the election last preceding the organization Of
such bah nor shah such association be allowed to is
sue circulating rotesexceedIng in aountpthe amount
I Of their caI al stock. 81
I 7th. Add as additional sec;f,n IL follow sq1ne,
aeiy after the eighteenth section the said chapter
SEC 49, In case the place where the circulating
any bank banking association payable located
in any township ining less han two hund ed vo ea
according TO the retu rms of the last general election
He'd in the office of the cretary OF State sch bank or
banking association SHALL within thirty DAYS after this
act shall take effect, file with the Bank Comptroller
notice in writing desi ling some city village situa
tied in township, which, according to said returns con
Ealned two hundred OF more voters and such bank or
ibankIg association shall, thereafter keep Office In
such city or village for the redemption of its circulating
tnotes such Office shall be kept open during usual tls
ness hours bewcentie hours ten and thu ee clock
for the presentation and payment OF is eiresting
The holder or hodersof such circulating notes ny
have such notes presented for payment and aynleit
hereoi Gemanded md may cause such note to
fbe protested for nonpayment, at the place esigat
ed in the same manner and With like effect as ii the
same had been so presented, demanded and protested at
lhe place where such note or notes m lde payable
and when such bank baakg association shall hav.
conn lied with the ploisi'ns of the foregoing section
sec bank or blinking association shall not be compelled
10 redeem their notes at the place where such assoca
ion shallhave been first located b4
SEC. 20 The Bank Comptroller shall upon receiving !
the notice mentioned in the last preceding section cause
such notice to be published in the official State naner
ana IN case any bank or banking shall neglect
or refuse 10 conform to the provisions of said section
shall be the duty of the Bank Comptroller 10 sell the Sc
curtes pledged for the redemption Of the circulating
notes OF such bank or banking associations and Of
the proceeds OF said sale, TO redeem notes. in the
manner provided in section twenty Of the act of
which ibis is amendatory
sth. Add to the first division of section nineteen
OF said ehapter the 10 ng words viz: Sand snail be
such as will be readily .inguished from that of any
banking association ten existing in this State
twenty<one and insert, land no pefso or associ.
shall sennenee Of carry the business aforesaid until
such person or association shall have complied with the
provisions of this act and it is further declared thai
no bank Of circulation shall be allowed to car on such
business, unless such bank association shall have de-
posted with the treasurer the securities reuired bv law
10 the amount of twenty-five tiousand dollars
or the bonds given by the directors or stockhoides.'
10th Strike Out rnns the twenty third section of said
chapter the word 'fve and insert in lieu thereof the
ward en, SO that it shall read, DAVIS after such
notice, also strike out from the same section the words.
some newspaper and insert in lieu thereof the words
the Official State paper, also insert after the words
pay the same, the words, together with all necessary
egil feessand expenses OF protest and notice." af
1ith Strike out from The twenty fourth section of said
chapter the words 've DAYS and insert in lien thereof
the words, stem days, also strike out from same seed
non, the words, some newspaper and insert in lieu
thereof the words the ofciafStae paper also add toll
he same section the following words VIZ nAnd ia cas-
the Comptroller shall deem it advisable lie NAV with
of
ailing or retusiDg to pay such noes. dispose or sell
scrIbed at price not below par, at sufficient to
redeem such roes.v spS
18th Strike utfrom the twenty-ffth section Of sa;
chapter the word. sin case the ,ft
The section andinsert in eu thereof the words aft n
he opinion of the Bank Comptroller also STRIKE n,t
from the SANG seelIon The word nilet. and insert in
SAME section the words, he Comptrohern where hey
irst occur and insert in lieu thereof the word she
i3th Add to the tweny-seventh section sof tile said
chapter the following Dis viz Sand It ia bereh a
sided that when any such association shall b. yote al
majority Of the stock determines ia redsce the iii
Sch 10 an amount not less than twenty five Thousand
dol ars and SHALL s its president and cashier rsh 70
the Secretary OF Sasea certificate of such vote it shall
be lawful for the Legislature, BY statute to permit
ASSOCIATION SO to reeuce their capital and thereaf
ter such association shall not be subject to
Of the tax as provided in the sixteenth section Of this
chapter. except ON the amount oil the cap tal renain
10 which snail have been reduced by such ana
the Leglsiature may, upon Of the stockhoders
ana ceficate asaboye provided, authorize the enno
az o. the place OF business of any banking association
FROM the place wl sich association may have com
eced Its business operations according To the proys
ions OF the nineteenth section or his CT af,fer To am,
her place WHERE under the provisions Of this charter
as ans nded; may be lawful for any
transact businesss q Is III 4 IA ! 99-N s's'
- ddto the twenty eghth section of said cbanter
between the words scashier and there Of the words
nr assistant cashier also to the said twenty
full for any other person to sign such circuati, no,a
IN the name Of such officers her by PROXY or
Of attorney. II y r. - Esoiisss 80 Ais ssi'
ko off
chapter the word snnetv, insert in iie,, theref
The word EIGHTY Z: also add to the said thirty