The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1859-08-25

such certificates so deposited. and thai
have heretofore been deposited. shall be
subject to sale and transfer upon thC
written authority Of the treasurer of
State, the comptroller Of the treasury
and Of the president or cashier of tho
particular banking company owning or
depositing the same, and not otherwise
except as hereinafter provided; and all
OF such certificates so deposited, as shall
be payable to any person OF persons
corporation or banking company or or
der, OF assigns or bearer. or as shall be
transferable by delivery shall bg spe-
cial Endorsement thereon, bo assigned &c
the treasurer and comptroller for the
use Of the banking company owning OF
depositing the same, in manner afore
said; and such certificates as shall be SO
assigned and deposited, and such as
have heretofore been deposited, shall be
transferable by Endorsement Of the
treasurer and comptroller, by special in.
dorsement, to the banking company
owning or depositiug the same, or to
such person or persons, company or cor.
poration, as the president or cashier of
the proper banking company shall au-
thorize in writing, and not otherwise
except as hereinafter provided but no
such transfer or assignment shall be
made, unless the banking company own.
ing or depositing such certificates shall
be entitled thereto, agreeably to the
provisions Of the act under which the
banking company shall have been or
gauized.
Secuon 2 It shall be the duty of
the treasurer Of State, and of the comp
troller Of the treasury, forthwith to make
and thereafter to keep in their rospec
tive departments, accurate accounts of
all certificates of debt so deposited as
aforesaid, aud of all certificates hereaf
ter deposited as security for the redemp
ton of circulating notes Of BANKING
companies; and the treasurer shall forth.
with inform tho register Of the bank
department Of the certificates that have
heretofore been, and that may hereafter
be deposited; and it shall be the duty
of the register to keep accurate accounts
thereof and such accounts, ms also all
other accounts pertaining to banking
companies. shall, at all reasonable times
be open to the inspection and oxamiua.
ton Of any officer or agent of any Of
said banking companies; Of the govern.
or, auditor Of State, treasurer, comp.
troller, and attorney general, or either
Of them, or any commissioner appointed
by the governor for that purpose, and
Of any committee of the general assem-.
bly,, or either branch thereof, thereuntc
authorized by resolution.
Section 3. Whenever any banking
company shall desire to have any plate
or plates for circulating notes engraved
or any blank circulating notes printed
and shall notify the comptroller thereof
in writing, the comptroller shall issue
an order to the treasurer Of State to
cause the same TO be engraved or print
ed, specifying particularly in the order
the denomination or determinations Of
the plate or plates to be engraved; or
the several denominations Of the bank
notes to be printed, with the amount Of
each denomination; and the treasurer
Of State shall strictly observe such order
in causing such engraving and printing
to be done; aud upon the delivery to the
treasurer of any blank printed circulat-
ing notes, the treasurer shall notify the
comptroller and register thereof, and
they, in the presence Of the treasurer,
shall carefully examine the same, and
make an account thereof in their re-
spcctive departments.
Section 4. When a banking com.
pany shall be entitled to receive any re-
gistered notes, tho comptroller of the
treasury shall, on the written applica-
ton Of the proper officers of the bank
issue an order on the treasurer of State
therefor and deliver the same to the
register, specifying in such order the
amount Of each denomination of unre-
gistered notes, to be delivered to the
register and on the presentation Of
such order, and ascertaining from the
accounts in his Office that the bank
ing company is entitled to the same,
the treasurer Of State shall deliver the
notes specified in such order to the
register, who shall forthwith register,
and deliver the same to the agent of
the banking company and make an
account thereof; but such notes shall
not be registered or delivered unless it
shall appear from the accounts in the
registers Office that the bank is entitled
thereto
Section 8. Whenever banking
company shall return any of it's oiroula-
ting notes to be burnt, the same shall
be burned to ashes by the treasurer of
State, in the presence Of the oomptrol-
Ter Of the treasury aud the agent Of the
bank, and four certificates thereof be
made and signed by the treasurer, comp
troller and agent of the bank, specifying
the amount Of each denomination of
notes so burned to ashes; one copy of
which certificate shall be delivcrd to the
agent Of the bank and one each to the
treasurer, comptroller and register.
Section 6. The auditor of State shall
appoint somo suitable person as clerk
ia his Office, who shall be STYLED the re-
gister, and be under the supervision and
control Of the auditor The register
shall, without delay make and keep in
his Office accurate accounts of all oerti-
foates Of debt now deposited, and that
may hereafter be deposited with the
treasury as security for the redemption
Of circulating notes Of banking com