The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1858-04-29

to the branches of the State Ran1h~pf Iowa,
the amount due to other BAN State,
and the amount due the BaiNu ~ OF this
State.
9th. The amount due to depositors.
9th. The total amounts of debts and liabili-
ties Of every description, and the greatest
amount since the making Of the last previous
statement, specifying the time when the same
occurred, as exhibited by the weekly state
ment of the branch.
7th. The total amount of dividends declared
on the day Of making the statement.
9Th. The amount Of gold and silver coin and
bullion belonging to such branch. and in its
possession at the time Of making the statement
designating the amount Of each.
9th. The amount subject to be drawn At
sight, then remaining on deposit with solvent
banks, or bankers OF the country, specifying
each city or town, and the amount deposited
in each.
10th. The amount then on hand, Of bills or
notes issued by branches Of the State Bank Of
this State, and the amount issued by Banks
not Of this State. ..-
18th. The amount Of balances due from
branches Of the State Bank Of Iowa, the
amount due from other banks Of this State. and
the amount due from the bank not of this State
excluding in the latter case, deposits in the
cities Of New York, Philadelphia, Boston,
Baltimore, and other cities and towns subject
to sight drafts.
18th. The amount on hand of bills, bonds,
notes, and other evidences of debts, discounted
or purchased by the branch, specifying partic-
ularly the amount Of suspended debts, the n
mount considered good, the amount consider
ed doubtful, and the amount in suit or judg-
ment.
18th. The value Of real and personal pro-
perty held for the convenience Of the branch,
specifying the amount Of each.
14th. The amount of real estate taken in
payment of debts due the branch.
18th. The amount Of undivided profits os
the branch.
10th. The total amount Of the Liabilities to
the branch by the directors thereof, collective
ly, specifying the gross amount OF such liabil.
tiles as principal debtors and the gross amount
as endorsers or sureties.
17th. The total amount of liabilities to the
branch Of the stockholders thereof collective
ly specifying the gross amount OF such liabil-
tiles as principal debtors, and the gross amount
as endolsers or sureties; which statement
shall be forthwith transmitted to the State
Bank of Iowa, and the Auditor Of State.
An abstract Of every statement, showing
the condition Of the branch, shall be immedi-
ately published by the branch in some news
paper printed in the county where such branch
is situated, copy Of which s. atemect shall be
sent to each branch Of the State Bank Of To-
wa.
S36. The General Assembly shall never i'm.
pose any greater tax upon property employed
in banking under this act, than is or may be
imposed upon the property of individuals.
S37. Each branch may take, receive OF
charge on any loan or discount made, or upon
any note or bill of exchange, or other evidence
Of debt, discounted or purchased by them, in
terest at the rate of ten per centum per annum
on the amount Of any such note bill Of exchange
or evidence Of debt so discounted or purchased
anI no more until the first day of January, 1863,
after which time no more than eight per cent.
shall! be so taken, received or charged, Provided
however, that interest may be reserved or taken
in advance at the time Of making the loan or
discount, according to the usual rate Of banking
or as calculated in Rowlet's tables, and the
knowingly taking, reserving or charging on
any debt or demand discounted or purchased by
any branch, rate Of interest greater than that
allowed by this section, shall be held
and adjudged forfeiture Ct such debt or
demand, but the purchase Of bona fde
bill OF exchange or note payable at another
place than the place Of such purchase or dis
count, and taking or reserving interest thereon
at the rste aforesaid, from the time of such
purchase or Discount, until the maturity Of
such bill or note, shall not be held usurious,
although exchange on the place where it is
made payable is at the time Of such purchase
or discount, worth a premium; nor shall the
discount or purchase of bona fide bill or note
payable at place, between which and the
place OF discount or purchase, there may be
difference in exchange, and the taking in ad-
dition to the rate OF interest aforesaid the rate
Of exchange between such places, be deemed
usurious: Provided that no loan to, or discount
in favor Of any director or stockholder in which
more than such interest as is allowed in this
section shall be taken, reserved or charged,
shall be forfeited, but the same shall be valid
against such party; Provided further, that in
no case shall more than the current rate Of
| exchange between such places be taken.
s 80. The total liabilities Of any person or OF
any company or firm (including the liabilities
of company or firm, the liabilities Of the sew
eral members thereby to any branch IS &C.
ceptor or acceptors Of bona ide bills Of ex-
change payable out of this State, shall at no
time exceed one-fourth OF the amount of the
notes which such branch is authorized to cir
culate, exclusive Of all liabilities as aeceptor
or acceptors, one-tenth, and exclusive Of all
liabilities on such bills Of exchange one-twen-
I a.