Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1858-04-24

elect three directors OF the State Bank
ff Iowa at each regular biennial SEES
sion. No person shall be eligible to
the Office of State director who holds
any Office or appointment under any of
the branches or owns any stock in the
same, and the acceptance of any Office
of trust or profit from any branch, or
the acceptance of any stock in any
branch by State Director during his
term Of service shall be deemed re-
signation and the Governor shall fill by
appointment the vacancy.
Said commissioner shall meet at Iowa
City, at such time, within thirty days
after the adop ion Of this act, as shall
be appointed by the Governor, who
shall notify each member of his ap-
pointment, and of the time and place
of meeting. They shall, when met,
appoint one of their number to be their
President, who shall. under the order
Of the board, sign all official documents;
and they shall cause fair and true
record Of all their official proceedings
to be kept in book to be provided for
that purpose, which shall be delivered
by the president Of said board to the
State Bank of Iowa, as soon as the
same be organized.
5 50. The beard of Bank Commits
sioners shall examine their certificates
Of the formation Of branches transmit
ted to them, as required by this act.
and shall, by one Of their own number,
or other special agent appointed by
them for that purpose, who shall not be
a stockholder in any of the branches
formed under this act, Immediately pro-
coed to examine the condition Of each
Of the branches which shall have trans
mitted to said board the required GER
ti6cate and it shall be the special duty
Of such agent to carefully count and
otherwise ascertain the amount of money
paid in on account Of it's capital stock !;
to ascertain the name and place Of resi-
dence of each of the directors of such
branch, and whether their stockholders,
directors and officers are men Of respon.
sibility and integrity, and entitled to
the public confidence, and the amount
Of capital stock Of which each is the
bona tide owner whether such branch
has complied with all the requirements
Of this act, necessary to entitle the
branch to engags in the business Of
banking; and shall cause to be made,
and attested by the oath of a majority
Of the directors, and by the cashier of
such branch, a statement Of all the ma
terlal facts necessary to enable the
board Of Bank Commissioners to de-
termine whether such branch is lawfully
entitled to commence the business Of
banking under the provisions of this
act; and such agent shall Immediately
report to the board of Bank Commis-
sioners such statement and his proceed
ings in the premises.
5 So. If, upon careful examina-
ton Of the certificates of association,
and the reports and statements of the
special agents appointed to ascertain
whether the branches so organized have
complied with the provisions of this
act, it shall appear that five or more
such branches have been formed, and
that their stockholders directors and
officers are men Of responsibility and
integrity, and entitled to public conf
dence, and that such branches are law
fully entitled to commence the business
Of banking, the commissioner shall cer-
tify to the same to the Governor, and
shall Immediately notify the branches
thereof ; and within ten days after re-
ceiving such notice, each branch shall
appoint, in such manner as the direc-
tors thereof shall pres ribe, one person
to be director Of the State Bank of
Iowa.
s "a. The Governor, If he be satisfied that
the law has in all respects been complied
with, shall issue his proclamation, setting
forth that such branches are authorized t.
commence and carry on banking, at the
places severally desi gna'ed in their certi6
Gates OF association which proclamation
hall be recorded in lie Office of the Cover
nor, and copy OF said record certified un-
der the great seal Of the State of Iowa, shall
b. primia Gle evidence of the organization
of such bank.
&55. The bank commissioners, and all
agents appointed by them, shall each be en-
titled to receive for their services under this
act, five dollars per day for every day neces
essarily employed in the discharge of their
duties. ant the same mileage as received by
,nempo:s of the Genera! Assembly to be paid
by The State Bark .. Iowa.
S56. This act shall take enect and be in
torce from and after its approval 10y u majority
OF all the electors of this State voting ter
aud against it at an election provided by law
and not otherwise S
SEQ. 81. This act shall take effect and be
in force from and after its publication in the
Iowa Citizen and Iowa tate urnal
STEPHEN b. SHELLEDY,
Speaker of the House of Representatives..
DRAM F-VILLE,
President of the Senate.
Approved, March 18th. 1858.
RALPH P. LOWE.
Office of Secretary Of State,
De- MoineS, March 18th, 1858.
l hereby certify that the foregoing is q
true copy from the original roll on file in my
office. ELIJAH SELLS,
Secretary OF State.
A FASHIONABLE lrEM-MAR1rAL GOSSIP.
"A very brilliant marriage ceremony came |
off at the church Of the New Jerusalem las
evening, the Rev. Mr.. Story ofGciating.-l
The bride was Miss Mary Ford, charming |
daughter Of the late Ex-Governor Thomas
Fl. Fsrd, and the bridegroom was John
Bailey, Esq, OF Kansas Territory. There
was highly fashionable audience in attends
ance, including many distinguished citizens,
among whom we noticed ex Mayor Geo.
BestoL, His Honor Judge E.. N. Powell, DR..
DIckerson and many others The bride was
given away by DR.. Dickerson, hsvisg jus,
received the order of baptism according to
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